Candlewick Lake home prices fall in the third quarter of 2020

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The median sale price of a home sold in the third quarter of 2020 in Candlewick Lake fell by $6,500 while total sales increased by 96.2%, according to

From July through September of 2020, there were 51 homes sold, with a median sale price of $132,000 - a 4.7% decrease over the $138,500 median sale price for the same period of the previous year. There were 26 homes sold in Candlewick Lake in the third quarter of 2019.

The median sales tax in Candlewick Lake for the most recent year with available data, 2019, was $3,237, approximately 2.5% of the median home sale price for the third quarter of 2020.

The following table compares Candlewick Lake to other Boone County cities in the third quarter of 2020:

CityJuly - Sept. 2020 Home SalesJuly - Sept. 2019 Home Sales% change (Total Home Sales)July - Sept. 2020 Median Sales PriceJuly - Sept. 2019 Median Sales Price% change (Median Sales Price)
Loves Park10911.1%$265,000$263,3930.6%
Poplar Grove362544%$192,250$198,000-2.9%
Candlewick Lake512696.2%$132,000$138,500-4.7%
Garden Prairie21100%$34,500$80,000-56.9%

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