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Rockford Sun

Tuesday, June 24, 2025

Candlewick Lake home prices fall in August 2017

Realestate1

The median sale price of a home sold in August 2017 in Candlewick Lake fell by $11,250 while total sales increased by 133.3%, according to BlockShopper.com.

In August 2017, there were 14 homes sold, with a median sale price of $116,250 - a 8.8% decrease over the $127,500 median sale price for the same period of the previous year. There were six homes sold in Candlewick Lake in August 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 2.5%.

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

CityAug. 2017 Home SalesAug. 2016 Home Sales% change (Total Home Sales)Aug. 2017 Median Sales PriceAug. 2016 Median Sales Price% change (Median Sales Price)
Loves Park48-50%$287,500$247,25016.3%
Caledonia3250%$277,000$246,50012.4%
Timberlane21100%$223,500$260,000-14%
Belvidere403514.3%$173,250$91,00090.4%
Poplar Grove105100%$167,000$155,0007.7%
Candlewick Lake146133.3%$116,250$127,500-8.8%
Capron14-75%$110,000$88,25024.6%
Garden Prairie01-100%$0$151,000-100%

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