Housing in Lakewood, NJ
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$350,000
Median List Price
$429,000
Price Per Sq Ft
$287
Days on Market
29
Active Inventory
42
Months of Supply
5.3
Balanced market
Zillow Home Value
$561,702
ZHVI — January 2026
Zillow Rent Index
$2,385
ZORI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
25.0%
Off Market in 2 Weeks
6.3%
Sale-to-List Ratio
97.2%
Buyer's market
Market Activity
Source: RedfinHomes Sold
8
New Listings
15
Pending Sales
16
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$287
Median List $/SF
$383
Lakewood vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 100,000 - 250,000 residents. Lakewood is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$618,400
Median Rent
$1,647
Total Housing Units
14,534
Vacancy Rate
3.9%
Owner Occupied
37.0%
Renter Occupied
63.0%
Median Property Tax
$10,001
per year
Monthly Cost (w/ Mortgage)
$2,685
Housing Types
The current median sale price in Lakewood, NJ is $350,000 according to Redfin data. Homes spend a median of 29 days on the market. 25.0% of homes sold above asking price. The market has 5.3 months of supply. The median price per square foot is $287. Zillow's observed rent index is $2,385/month. About 37.0% of housing units are owner-occupied. The median year homes were built is 1992. There are 14,534 total housing units.