Metro area index
Home appreciation in the Lakewood-New Brunswick, NJ metropolitan division
FHFA HPI® data shows the Lakewood-New Brunswick, NJ metropolitan division's all-transactions index changed +4.8% over the year to Q2 2026, versus +5.5% for New Jersey and +3.0% for the U.S. That ranks 110th of 410 metro areas and divisions FHFA tracks.
- 1-year change
- +4.8%
- 5-year change
- +58.5%
- Since Q1 1995
- +358%
- Metro rank (1 year)
- 110th
U.S. +3.0%
U.S. +41.3%
U.S. +292%
of 410
Lakewood-New Brunswick, NJ vs New Jersey and the U.S.
FHFA HPI® all-transactions index, rebased so Q1 1995 = 100, through Q2 2026
- Lakewood-New Brunswick, NJ: 457.5
- New Jersey: 420.2
- United States: 391.6
Appreciation by time window
| Window | Metro | NJ | U.S. | Gap vs NJ | Gap vs U.S. |
|---|---|---|---|---|---|
| 1 year | +4.8% | +5.5% | +3.0% | −0.6 pts | +1.8 pts |
| 3 years | +22.8% | +24.2% | +12.9% | −1.4 pts | +9.9 pts |
| 5 years | +58.5% | +58.3% | +41.3% | +0.2 pts | +17.2 pts |
| 10 years | +102% | +99.2% | +93.3% | +2.7 pts | +8.6 pts |
| Since Q1 1995 | +358% | +320% | +292% | +37.4 pts | +66.0 pts |
3-digit ZIP regions in the Lakewood-New Brunswick, NJ area
Regions with at least 10% of their 2010 population inside the metro division, largest overlap first. A 3-digit ZIP region can extend beyond the metro boundary.
| 3-digit ZIP region | State | 1 year | 5 years | Since Q1 1995 | Population in metro |
|---|---|---|---|---|---|
| 077 · Long Branch, NJ area | NJ | +5.2% | +56.7% | +378% | 100% |
| 087 · Point Pleasant, NJ area | NJ | +5.0% | +64.1% | +427% | 100% |
| 089 · New Brunswick, NJ area | NJ | +4.8% | +58.5% | +358% | 100% |
| 088 · Perth Amboy, NJ area | NJ | +3.6% | +55.2% | +284% | 84% |
| 085 · Princeton, NJ area | NJ | +4.0% | +58.3% | +304% | 45% |
| 079 · Summit, NJ area | NJ | +8.7% | +50.0% | +301% | 18% |
Boom, bust, and recovery in Lakewood-New Brunswick, NJ area
Lakewood-New Brunswick, NJ area's index peaked in Q4 2006, fell 22.3% to its low in Q2 2012, and regained its peak in Q4 2020, about 14 years after the top. Today it sits +73.1% versus that 2000s peak. How every state and ZIP region fared
| Area | 2000s peak | Low point | Peak to low | Back to peak | Today vs peak |
|---|---|---|---|---|---|
| Metro | Q4 2006 | Q2 2012 | -22.3% | Q4 2020 (14 yrs) | +73.1% |
| NJ | Q1 2007 | Q2 2012 | -22.1% | Q1 2021 (14 yrs) | +67.8% |
| U.S. | Q1 2007 | Q2 2012 | -19.0% | Q4 2016 (9.8 yrs) | +89.3% |
Appreciation after inflation
Adjusting for consumer price inflation, Lakewood-New Brunswick, NJ area's index has changed +107% in real terms since Q1 1995. Home prices vs inflation
| Window | Inflation (CPI-U) | Metro after inflation | NJ after inflation | U.S. after inflation |
|---|---|---|---|---|
| 1 year | +3.9% | +0.9% | +1.5% | -0.8% |
| 3 years | +9.8% | +11.8% | +13.1% | +2.8% |
| 5 years | +24.0% | +27.8% | +27.6% | +13.9% |
| 10 years | +39.1% | +45.2% | +43.2% | +39.0% |
| Since Q1 1995 | +121% | +107% | +89.8% | +76.8% |
If you bought in the Lakewood-New Brunswick, NJ area in…
An example $300,000 purchase grown at the metro index rate to Q2 2026.
| Bought in | Index change | $300,000 then, at the metro rate |
|---|---|---|
| Q2 1995 | +354% | $1,360,781 |
| Q2 2000 | +261% | $1,083,533 |
| Q2 2005 | +90.7% | $572,211 |
| Q2 2010 | +108% | $623,550 |
| Q2 2015 | +107% | $621,404 |
| Q2 2020 | +77.3% | $532,023 |
| Q2 2021 | +58.5% | $475,482 |
| Q2 2023 | +22.8% | $368,291 |
| Q2 2025 | +4.8% | $314,504 |
Frequently asked questions
- How much have home prices risen in the Lakewood-New Brunswick, NJ area?
- FHFA HPI® data for the Lakewood-New Brunswick, NJ metropolitan division shows changes of +4.8% over one year, +58.5% over five years, and +102% over ten years to Q2 2026, and +358% since Q1 1995.
- Is the Lakewood-New Brunswick, NJ area beating the national average?
- Over the past year the metro's index moved +1.8 pts versus the U.S.; over five years the gap is +17.2 pts.
- What area does this metro index cover?
- FHFA computes metro indexes using the counties in each OMB-defined metropolitan division. The index covers the whole area, so individual neighborhoods and homes can differ from it.