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Sunday, September 29, 2024

Candlewick Lake home prices fall in December 2017

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The median sale price of a home sold in December 2017 in Candlewick Lake fell by $70,500 while total sales decreased by 14.3%, according to BlockShopper.com.

In December 2017, there were six homes sold, with a median sale price of $44,500 - a 61.3% decrease over the $115,000 median sale price for the same period of the previous year. There were seven homes sold in Candlewick Lake in December 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 6.4%.

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

CityDec. 2017 Home SalesDec. 2016 Home Sales% change (Total Home Sales)Dec. 2017 Median Sales PriceDec. 2016 Median Sales Price% change (Median Sales Price)
Timberlane110%$121,833.33$406,000-70%
Caledonia20-$114,166.67$0-
Loves Park40-$90,250$0-
Poplar Grove9580%$48,666.67$173,000-71.9%
Belvidere2831-9.7%$47,500$89,000-46.6%
Candlewick Lake67-14.3%$44,500$115,000-61.3%
Capron3250%$19,000$63,500-70.1%
Garden Prairie00-$0$0-

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