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Thursday, April 18, 2024

Q2 real estate sales report: Candlewick Lake

Realestate077

Median prices rose in Candlewick Lake over last year, and are up 43.5 percent over 10 years, adjusted for inflation, according to second quarter sales data collected by BlockShopper.com.

From April to June, 12 homes sold in Candlewick Lake for a median price of $141,000. That's 35.2 percent higher than median home sale prices for the second quarter of 2017.

In the second quarter, 2 homes in Candlewick Lake were in foreclosure.

Median property tax for homeowners in Candlewick Lake was $2,728.44 in 2017 according to tax data from that year. That means homeowners pay 2.6 percent of their home's value in taxes.

Statewide, Illinois homeowners pay an effective property tax rate of 2.2 percent, according to a 2017 property tax analysis by ATTOM Data Solutions, ranking it second among U.S. states and the District of Columbia.

Candlewick Lake real estate: Q2 2009-2018
Properties sold
Median sale price
Change in sale price
2009
63
$98,280
-
2010
51
$92,340
-6%
2011
50
$75,710
-18%
2012
30
$76,300
0.8%
2013
40
$69,660
-8.7%
2014
29
$84,800
21.7%
2015
27
$110,770
30.6%
2016
34
$119,700
8.1%
2017
30
$104,295
-12.9%
2018
12
$141,000
35.2%

Median property tax
Median sale price
Effective property tax rate
2009
$3,577.67
$98,280
3.6%
2010
$3,518.81
$92,340
3.8%
2011
$2,684.48
$75,710
3.5%
2012
$3,048.68
$76,300
4%
2013
$2,878.49
$69,660
4.1%
2014
$2,856.17
$84,800
3.4%
2015
$3,139.78
$110,770
2.8%
2016
$3,374.02
$119,700
2.8%
2017
$2,728.43
$104,295
2.6%

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