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Saturday, November 23, 2024

Candlewick Lake home prices fall in April 2017

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The median sale price of a home sold in April 2017 in Candlewick Lake fell by $9,250 while total sales decreased by 16.7%, according to BlockShopper.com.

In April 2017, there were 10 homes sold, with a median sale price of $106,500 - a 8% decrease over the $115,750 median sale price for the same period of the previous year. There were 12 homes sold in Candlewick Lake in April 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 April 2017:

CityApr. 2017 Home SalesApr. 2016 Home Sales% change (Total Home Sales)Apr. 2017 Median Sales PriceApr. 2016 Median Sales Price% change (Median Sales Price)
Timberlane15-80%$252,500$337,500-25.2%
Loves Park110%$246,000$160,00053.8%
Belvidere34319.7%$170,000$120,00041.7%
Poplar Grove770%$146,000$143,0002.1%
Capron20-$123,000$0-
Candlewick Lake1012-16.7%$106,500$115,750-8%
Garden Prairie00-$0$0-
Caledonia01-100%$0$125,500-100%

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