The South Lakewood housing market is somewhat competitive. The median sale price of a home in South Lakewood was $765K last month, up 6.3% since last year.
What is the housing market like in South Lakewood today?
In March 2024, South Lakewood home prices were up 6.3% compared to last year, selling for a median price of $765K. On average, homes in South Lakewood sell after 112 days on the market compared to 133 days last year. There were 3 homes sold in March this year, down from 12 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$765,000
+6.3% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
South Lakewood, NJ
$765,000
+6.3%
United States
To compare other locations to the South Lakewood and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Lakewood add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the South Lakewood housing market?
South Lakewood is somewhat competitive. Homes sell in 116 days.
0
100
51
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 12 months
Some homes get multiple offers.
The average homes sell for about 4% above list price and go pending in around 116 days.
Hot homes
can sell for about 3% above list price and go pending in around 78 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on South Lakewood housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in South Lakewood.
Risk Factor
Flood Factor - Moderate
17% of properties are at risk of severe flooding over the next 30 years
Flood Factor
South Lakewood has a moderate risk of flooding. 225 properties in South Lakewood are likely to be
severely affected
by flooding over the next 30 years. This represents 17% of all properties in South Lakewood. Flood risk is increasing slower than the national average.
100% of properties are at risk of wildfire over the next 30 years
Fire Factor
South Lakewood has a moderate risk of wildfire. There are 2,259 properties in South Lakewood that have some risk of being affected by wildfire over the next 30 years. This represents 100% of all properties in South Lakewood.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
South Lakewood has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. South Lakewood is most at risk from hurricanes. 2,259 properties in South Lakewood have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 90 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 102 mph.