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Friday, November 22, 2024

Q3 real estate sales report: Candlewick Lake

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Median prices rose in Candlewick Lake over last year, and are up 22.7 percent over 10 years, adjusted for inflation, according to third quarter sales data collected by BlockShopper.com.

From July to September, 43 homes sold in Candlewick Lake for a median price of $140,000. That's 14.4 percent higher than median home sale prices for the third quarter of 2017.

In the third quarter, 1 home in Candlewick Lake was in foreclosure.

Median property tax for homeowners in Candlewick Lake was $2,985.99 in 2017 according to tax data from that year. That means homeowners pay 2.4 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: Q3 2009-2018
Properties sold
Median sale price
Change in sale price
2009
79
$114,075
-
2010
39
$96,900
-15.1%
2011
22
$77,405
-20.1%
2012
35
$76,300
-1.4%
2013
35
$78,840
3.3%
2014
19
$100,170
27.1%
2015
37
$117,660
17.5%
2016
24
$129,150
9.8%
2017
37
$122,400
-5.2%
2018
43
$140,000
14.4%

Median property tax
Median sale price
Effective property tax rate
2009
$3,570.88
$114,075
3.1%
2010
$3,232.37
$96,900
3.3%
2011
$3,367
$77,405
4.3%
2012
$3,205.86
$76,300
4.2%
2013
$2,986.30
$78,840
3.8%
2014
$3,209.10
$100,170
3.2%
2015
$2,917.28
$117,660
2.5%
2016
$3,962.62
$129,150
3.1%
2017
$2,985.98
$122,400
2.4%

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