It’s hard to say.
Lakewood real estate has collapsed before.
I bought my house at the height of the last bubble 2008 and it went down in value a ton
Plus there is a lot less building now.
It’s impossible to predict for sure but I don’t believe prices will stay this high.
Btw not everything is so high if you don’t need the nicest town homes. A fixed up two family home near me recently sold for $415k and an older ranch for $350k. They are putting 50k into it and renting basement.
They are older homes in off the beaten path non popular olderneighborhoods but do exist.
I also think rental prices in Lakewood will crash. They have always come in waves.