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Tuesday, November 5, 2024

Candlewick Lake home prices rise in January 2017

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The median sale price of a home sold in January 2017 in Candlewick Lake rose by $45,000 while total sales remained unchanged with four homes sold, according to BlockShopper.com.

In January 2017, there were four homes sold, with a median sale price of $105,500 - a 74.4% increase over the $60,500 median sale price for the same period of the previous year. There were four homes sold in Candlewick Lake in January 2016, as well.

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 January 2017:

CityJan. 2017 Home SalesJan. 2016 Home Sales% change (Total Home Sales)Jan. 2017 Median Sales PriceJan. 2016 Median Sales Price% change (Median Sales Price)
Caledonia30-$365,000$0-
Poplar Grove67-14.3%$213,500$145,00047.2%
Candlewick Lake440%$105,500$60,50074.4%
Belvidere25244.2%$105,000$114,250-8.1%
Garden Prairie00-$0$0-
Timberlane01-100%$0$230,000-100%
Loves Park01-100%$0$235,000-100%
Capron00-$0$0-

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