NJShore Guide

08731 Real Estate

Lacey Housing Market

$650KMedian Price
47Listings
62Days on Market

Lacey Housing Market (08731)

The Ocean County real estate market is gaining momentum. With a median asking price of $650,000 and homes averaging 62 days on market, competition is building. Well-priced properties in prime locations are drawing multiple offers.

Prices here run about 26% above the shore-wide average, reflecting desirable location and amenities.

Spring marks the beginning of shore house hunting season. Inventory typically increases as sellers prepare for the summer market.

Price Trends (24 Months)

$540K$572K$603K$634K$665KFeb '24Jun '24Oct '24Feb '25Jun '25Oct '25Jan '26
Median List Price
Latest: $650K

Current Market Snapshot

Median Price
$650K
+6.2%YoY
Active Listings
47
Days on Market
62
Monthly Change
-0.7%

Compared to Ocean County

ZIP Median Price
$650K
County Median
$518K
Difference
+25.5%above county avg

Market Health Indicators

Price Trend
+6.2%
Days on Market
62 days
Inventory
47

About Lacey

Lacey is a shore community in Ocean County. Learn more about beaches, attractions, dining, and events.

lacey

Try Before You Buy in Lacey

Considering a move to 08731? Rent a vacation home first to experience the neighborhood and lifestyle before committing.

Browse Vacation Rentals

Investment Potential

Investment Calculator

Estimate your potential returns if you rent out your Lacey property during summer months.

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Peak summer week rate

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Annual Summary

Gross Rental Income$22,800
Est. Expenses (30%)-$6,840
Net Rental Income$15,960
Annual Mortgage-$41,508
Property Tax (est.)-$11,698
Annual Cash Flow$-37,246
Cap Rate
0.7%
Cash-on-Cash
-28.7%

Investment Outlook

Challenging as pure investment. Negative cash flow means you would need other income or appreciation to justify. Better suited as a vacation home with some rental offset.

* Estimates only. Consult a financial advisor and research local rental regulations. Expenses estimate includes insurance, maintenance, management, and vacancy.

Nearby ZIP Codes

08742Point Pleasant Beach08738Mantoloking08735Lavallette08751Seaside Heights08752Seaside Park08006Barnegat Light

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08731 Real Estate FAQs

What is the median home price in Lacey (08731)?
The current median list price in Lacey (ZIP 08731) is approximately $650K. Prices vary based on proximity to the beach, property size, and condition. Check the market snapshot above for the latest data.
Is Lacey a good place to buy a shore home?
Lacey offers its own unique character within Ocean County. Consider factors like beach access, local amenities, commute times, and rental potential. Many buyers rent in the area first to experience the community before purchasing.
How long do homes stay on the market in 08731?
Days on market in Lacey varies seasonally. Summer listings often move faster due to higher buyer activity. Check the current market metrics above to see how quickly homes are selling in this area right now.
Can I rent out my property in Lacey?
Rental regulations in Lacey depend on local ordinances. Some shore towns welcome short-term vacation rentals while others restrict them. Contact the local municipality for current rental permit requirements and restrictions.
What are the flood insurance costs in 08731?
Flood insurance costs in Lacey depend on the property's elevation, flood zone designation, and whether the structure has been elevated. Properties in high-risk zones (A or V zones) require flood insurance for federally-backed mortgages.
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