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The old Beis Madrash Building of BMGPhoto: Public domain · Public domain
Housing in Lakewood Township

102 homes sold in Lakewood Township in the last year, at a typical $538K

About one sale in 5 is a condo. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Lakewood Township homes are listed.

Homes for sale in Lakewood TownshipZillowRedfinRealtor.comMore places to look ↓
Homes sold
102
October 2025 to September 2026
Typical sale price
$538K
houses $650K · condos $449K (year to May 2026)
Price per square foot
$352
New Jersey $335
Paid vs. asking
98.1%
27% sold over asking
For sale now
50
September 2026 · 11 sold that month
What sold · last 12 months

19% of Lakewood Township’s sales are condos, at $201K less than a house

92 houses and 22 condos sold in the year to May 2026. Condos sell faster and draw more bidding wars.

Houses$650K

typical sale · 92 sold in the year to May 2026

Per square foot
$377NJ $331
Days to sell
54
Sold over asking
22%
Listings with a price cut
17%
Condos$449K

typical sale · 22 sold in the year to May 2026

Per square foot
$333NJ $450
Days to sell
34
Sold over asking
36%
Listings with a price cut
25%
14 years of sales

Fewer homes sell than a decade ago, at 2.2 times the 2016 price

102 sales in the last year, against 411 in 2014 and a low of 116 in 2025. The typical sale went from $241K in 2016 to $538K.

Homes soldTypical sale price
0112225337450$175K$350K$525K$700K2012: 371 sold, typical $80K’122013: 409 sold, typical $161K2014: 411 sold, typical $185K’142015: 297 sold, typical $192K2016: 249 sold, typical $241K’162017: 203 sold, typical $194K2018: 222 sold, typical $189K’182019: 182 sold, typical $216K2020: 213 sold, typical $335K’202021: 321 sold, typical $313K2022: 180 sold, typical $437K’222023: 130 sold, typical $318K2024: 135 sold, typical $518K’242025: 116 sold, typical $591KLast 12 months: 102 sold, typical $538KNow

Source: Redfin Data Center, MLS sales; from June 2026 each month is a 3-month rolling window, its counts divided by 3. Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.

What your budget buys

What $550K buys in Lakewood Township

Houseat $377 a sq ft, year to May 2026
Condoat $333 a sq ft, year to May 2026
The same money in New Jerseyat $331 a sq ft, year to May 2026

Is this asking price fair?

Check a listing against what Lakewood Township homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Lakewood Township are more common than before the pandemic, but two thirds fewer homes come up for sale

We read every month of Lakewood Township’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to September 2026, 102 sales.

If you’re buying in Lakewood Township

  • Shop in February. It brings about 27 new listings a month, close to the busiest month, with fewer bidding wars (17% over asking).
  • Bid near asking. Buyers paid 98.1% of the list price on average; 27% paid over.
  • You’ll usually have time. Only 16% of homes go under contract within two weeks; the typical one takes 48 days.
Best time to buy

Spring brings the homes; summer brings the bidding wars

May has the most new listings (about 31 a month), but June is the most competitive: 24% of June sales close over asking. February offers nearly as much choice with fewer homes bid up (17%). February has the least competition (17%).

New listings a monthShare sold over asking
08.817.526.33513%27%40%Sweet spotJan: 23 new listings a month, 17% sold over asking, 105 days to sellJFeb: 27 new listings a month, 17% sold over asking, 103 days to sellFMar: 24 new listings a month, 17% sold over asking, 91 days to sellMApr: 21 new listings a month, 20% sold over asking, 90 days to sellAMay: 31 new listings a month, 20% sold over asking, 78 days to sellMJun: 31 new listings a month, 24% sold over asking, 58 days to sellJJul: 27 new listings a month, 23% sold over asking, 71 days to sellJAug: 24 new listings a month, 23% sold over asking, 62 days to sellASep: 19 new listings a month, 18% sold over asking, 73 days to sellSOct: 19 new listings a month, 20% sold over asking, 67 days to sellONov: 29 new listings a month, 18% sold over asking, 81 days to sellNDec: 20 new listings a month, 20% sold over asking, 121 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Nearly as heated as 2021, and calmer than New Jersey

Lakewood Township now2017–192021 peakNJ now
Sold over askingShare of sales that closed above the list price27%11%35%44%
Gone within two weeksShare of homes under contract within 14 days16%11%22%30%
Price paid vs. askingAverage sale price ÷ list price98.1%95%99.8%100.9%
Days to sellMedian days from listing to contract48834446
Supply

46 homes for sale on a typical day

That’s 67% fewer than in 2017–19 and well under 2012’s 275.

2012: 275 for sale’122013: 239 for sale2014: 248 for sale2015: 145 for sale’152016: 114 for sale2017: 122 for sale2018: 135 for sale’182019: 154 for sale2020: 90 for sale2021: 66 for sale’212022: 52 for sale2023: 45 for sale2024: 46 for sale’242025: 43 for saleLast 12 months: 46 for saleNow
Prices by type

Since 2019, houses are up 168%, condos 122%

A house typically sold for $650K in the year to May 2026 (92 sales), a condo for $449K (22).

$275K$450K$625K$800K2013201520172019202120232025NowHouses 2013: $167K, 345 salesHouses 2014: $210K, 360 salesHouses 2015: $220K, 226 salesHouses 2016: $292K, 191 salesHouses 2017: $233K, 177 salesHouses 2018: $221K, 191 salesHouses 2019: $242K, 143 salesHouses 2020: $348K, 180 salesHouses 2021: $372K, 247 salesHouses 2022: $463K, 136 salesHouses 2023: $326K, 101 salesHouses 2024: $541K, 106 salesHouses 2025: $696K, 88 salesHouses last 12 months: $650K, 92 salesHouses $650KCondos 2013: $131K, 24 salesCondos 2014: $158K, 21 salesCondos 2015: $192K, 34 salesCondos 2016: $188K, 38 salesCondos 2017: $214K, 14 salesCondos 2018: $198K, 19 salesCondos 2019: $203K, 22 salesCondos 2020: $233K, 17 salesCondos 2021: $239K, 52 salesCondos 2022: $351K, 21 salesCondos 2023: $319K, 24 salesCondos 2024: $356K, 24 salesCondos 2025: $428K, 26 salesCondos last 12 months: $449K, 22 salesCondos $449K

Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.

Across New Jersey

Lakewood Township ranks 253rd of 300 busy New Jersey markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Lakewood Township is one of the state’s calmer markets.

Source: Redfin Data Center, city figures, January 2012 to September 2026 (MLS sales, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Lakewood Township home costs about $3,578 a month

Mortgage
Property tax
Insurance
Rent

Price: Lakewood Township’s typical sale, last 12 months. Property tax at Lakewood Township’s 1.7% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Lakewood Township is affordable on local pay is on Cost of living.

Before you buy in Lakewood Township

Six things worth knowing

31

New listings in May

The month with the most choice. September has the fewest, about 19.

Best time to buy
1.7%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $538K home, about $9,240 a year.

Taxes vs. neighbors
C−

Schools

The schools grade for Lakewood Township, from test results, graduation and how much students grow.

Schools in Lakewood Township
24 min

Typical commute

The average one-way trip to work for people who live in Lakewood Township.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Leisure Village, Leisure Village East, Cedar Glen West, Toms River Township and Pine Lake Park sell for less a square foot

The busier markets within 25 miles of Lakewood Township, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Toms River Township1,197$503K$30335%34
Leisure Village East177$309K$23918%41
Leisure Village154$186K$18511%53
Pine Lake Park137$541K$33337%38
Lakewood Township102$538K$35227%48
Ramtown92$643K$35548%43
Cedar Glen West45$90K$884%110

Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Lakewood Township, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Lakewood Township. People who follow the town see it, and so do people comparing Lakewood Township with their own town. No commission, no listing fee.

Questions about buying a home in Lakewood Township

What do homes sell for in Lakewood Township, NJ?

102 homes sold in the year to September 2026 at a typical $538K, $352 a square foot. Houses sold for about $650K, condos for about $449K in the year to May 2026.

Is Lakewood Township a buyer’s or seller’s market?

A balanced market: 50 homes were for sale in September 2026 and 11 sold, about 4.4 months of supply. Buyers paid 98.1% of asking on average.

When is the best time to buy in Lakewood Township?

May brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Lakewood Township?

About 1.7% of a home’s value a year. On a $538K home that’s near $9,240.

Where can I see homes for sale in Lakewood Township?

Zillow, Redfin, Realtor.com and Homes.com all carry Lakewood Township’s MLS listings; the search links above open each one filtered to Lakewood Township.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).