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The median home value in Lakewood, NJ is $588,670 as of 2026-07-31, up 7.88% from a year earlier.
Median Home Value
$588,670
Year-over-Year
+7.88%
Population
144,876
Lakewood ranks #99 of 184 New Jersey cities tracked here by median home value, and sits 4.8% below the state's city median of $618,410. It sits in Ocean County, where the county-wide median is $552,498.
Median household income in Lakewood is $56,968, so the typical home value is about 10.3× annual household income. This is a simple price-to-income benchmark rather than a monthly payment estimate; it does not account for mortgage rates, down payments, taxes or insurance.
Household income comes from the U.S. Census Bureau's ACS 5-Year Estimates, table B19013 (how the affordability measure works).
Lakewood police recorded a violent crime rate of 150 per 100,000 residents in 2024 — around the middle of the range for reporting cities. Property crime runs at 585 per 100,000.
Reported by the city's own police department to the FBI's Uniform Crime Reporting Program (what this covers).
People often call this an average home price, but the figure shown here is Zillow's typical home value (ZHVI), not a simple arithmetic average. In Lakewood, that value is $588,670. That's up 7.88% from a year earlier. It is about 4.8% below the typical New Jersey city tracked here.
Homes in Lakewood are more expensive than Ocean County as a whole, where the median is $552,498 — a difference of about 6.5%.
Median household income here is $56,968, so the typical home value is about 10.3× annual household income. This ratio is a broad comparison measure, not a mortgage-payment estimate.
Lakewood police reported 150 violent crimes per 100,000 residents, covering a population of about 144,876. Crime rates are one input among many — they vary block to block within a city, and this figure is a citywide average.
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