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All market snapshots / 08701

Lakewood, NJ 08701 Housing Market

Data snapshot: October 5, 2026. Closed-sale window: last 6 months.
Lakewood, NJ inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.22
ActiveActive listings: 7878PendingPending sales: 1717
Lakewood, NJ: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $345k$345kSoldMedian sold price (last 6 months): $415k$415k
What homes actually sell for in Lakewood, NJ
Distribution of 476 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $196k to $695k
$123k to $270k: 154 sales154sales$123k$270k to $417k: 62 sales$417k to $564k: 60 sales$417k$564k to $712k: 62 sales$712k to $859k: 32 sales$712k$859k to $1.01M: 41 sales$1.01M to $1.15M: 5 sales$1.01M$1.15M to $1.3M: 13 salesMedian $415k

What the numbers say

As of October 5, 2026, Resideline is tracking 78 active listings and 17 pending sales in ZIP code 08701. That pending-to-active ratio of 0.22 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $344,950, while the median of the 476 closed sales Resideline tracked over the last six months was $415,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 08701 for 72 days.

Frequently asked questions

What is the median home price in 08701?

The median closed sale price in Lakewood, NJ 08701 was $415,000 over the last six months, based on 476 closed sales tracked by Resideline. The middle half of those sales ranged from $196,000 to $695,000.

Is 08701 a buyer's or seller's market?

Resideline is currently tracking 17 pending sales against 78 active listings in 08701, a pending-to-active ratio of 0.22. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 08701 currently looks like a balanced market.

Nearby ZIP code market data

Full Lakewood, NJ housing market report →

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