Quantcast

Rockford Sun

Monday, November 25, 2024

Candlewick Lake home prices fall in 2017

Re 8

The median sale price of a home sold in 2017 in Candlewick Lake fell by $8,250 while total sales increased by 10.4%, according to BlockShopper.com.

From January through December of 2017, there were 106 homes sold, with a median sale price of $105,000 - a 7.3% decrease over the $113,250 median sale price for the previous year. There were 96 homes sold in Candlewick Lake in 2016.

The median sales tax in Candlewick Lake for 2017 was $2,855. In 2016, the median sales tax was $2,980. This marks an decrease of 4.2%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.7%.

The following table compares Candlewick Lake to other Boone County cities in 2017:

CityJan. - Dec. 2017 Home SalesJan. - Dec. 2016 Home Sales% change (Total Home Sales)Jan. - Dec. 2017 Median Sales PriceJan. - Dec. 2016 Median Sales Price% change (Median Sales Price)
Timberlane1719-10.5%$270,000$260,0003.8%
Loves Park2736-25%$234,000$226,2503.4%
Caledonia1927-29.6%$232,500$173,00034.4%
Poplar Grove8589-4.5%$145,000$151,500-4.3%
Garden Prairie13-66.7%$134,000$60,000123.3%
Belvidere3943891.3%$130,000$119,0009.2%
Candlewick Lake1069610.4%$105,000$113,250-7.3%
Capron16160%$84,000$94,250-10.9%

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS