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Housing in Candlewick Lake

76 homes sold in Candlewick Lake in the last year, at a typical $246K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Candlewick Lake homes are listed.

Homes for sale in Candlewick LakeZillowRedfinRealtor.comMore places to look ↓
Homes sold
76
October 2025 to September 2026
Typical sale price
$246K
median, weighted by sales
Price per square foot
$125
Illinois $193
Paid vs. asking
99.2%
37% sold over asking
For sale now
13
September 2026 · 9 sold that month
What sold · last 12 months

Houses are 100% of Candlewick Lake’s sales, at a typical $247K (year to May 2026)

76 homes sold in the year to September 2026.

Houses$247K

typical sale · 82 sold in the year to May 2026

Per square foot
$130IL $180
Days to sell
26
Sold over asking
29%
Listings with a price cut
28%
14 years of sales

Fewer homes sell than before 2023, at 2.4 times the 2016 price

76 sales in the last year, against 121 in 2022 and a low of 72 in 2012. The typical sale went from $104K in 2016 to $246K.

Homes soldTypical sale price
03775112150$75K$150K$225K$300K2012: 72 sold, typical $71K’122013: 92 sold, typical $67K2014: 91 sold, typical $84K’142015: 112 sold, typical $98K2016: 105 sold, typical $104K’162017: 100 sold, typical $114K2018: 110 sold, typical $143K’182019: 87 sold, typical $144K2020: 104 sold, typical $142K’202021: 116 sold, typical $173K2022: 121 sold, typical $193K’222023: 78 sold, typical $213K2024: 72 sold, typical $223K’242025: 88 sold, typical $250KLast 12 months: 76 sold, typical $246KNow

Source: Redfin Data Center, MLS sales; from June 2026 each month is a 3-month rolling window, its counts divided by 3. Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.

What your budget buys

What $250K buys in Candlewick Lake

Houseat $130 a sq ft, year to May 2026
The same money in Illinoisat $180 a sq ft, year to May 2026

Is this asking price fair?

Check a listing against what Candlewick Lake homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Candlewick Lake are more common than before the pandemic, but two thirds fewer homes come up for sale

We read every month of Candlewick Lake’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to September 2026, 76 sales.

If you’re buying in Candlewick Lake

  • Shop in March. It brings about 12 new listings a month, close to the busiest month, with fewer bidding wars (26% over asking).
  • Bid near asking. Buyers paid 99.2% of the list price on average; 37% paid over.
  • Move fast on good ones. Half of homes are under contract within two weeks.
Best time to buy

Spring brings both the most homes and the most bidding wars

May has the most new listings (about 13 a month), and the most competition: 41% close over asking. March and April offer nearly as much choice with fewer homes bid up (26%). February has the least competition (15%) but only about 8 new listings.

New listings a monthShare sold over asking
03.87.511.31520%40%60%Sweet spotJan: 6 new listings a month, 16% sold over asking, 71 days to sellJFeb: 8 new listings a month, 15% sold over asking, 71 days to sellFMar: 12 new listings a month, 26% sold over asking, 53 days to sellMApr: 12 new listings a month, 30% sold over asking, 62 days to sellAMay: 13 new listings a month, 41% sold over asking, 38 days to sellMJun: 11 new listings a month, 37% sold over asking, 40 days to sellJJul: 11 new listings a month, 32% sold over asking, 32 days to sellJAug: 10 new listings a month, 34% sold over asking, 40 days to sellASep: 8 new listings a month, 30% sold over asking, 43 days to sellSOct: 9 new listings a month, 27% sold over asking, 42 days to sellONov: 6 new listings a month, 24% sold over asking, 49 days to sellNDec: 5 new listings a month, 20% sold over asking, 52 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Nearly as heated as 2021, and about like Illinois as a whole

Candlewick Lake now2017–192021 peakIL now
Sold over askingShare of sales that closed above the list price37%16%42%36%
Gone within two weeksShare of homes under contract within 14 days50%6%19%45%
Price paid vs. askingAverage sale price ÷ list price99.2%97.5%99.6%99%
Days to sellMedian days from listing to contract31631851
Supply

10 homes for sale on a typical day

That’s 1.2 times the 2023 low (8), 63% fewer than in 2017–19 and well under 2012’s 37.

2012: 37 for sale’122013: 34 for sale2014: 35 for sale2015: 36 for sale’152016: 35 for sale2017: 33 for sale2018: 25 for sale’182019: 26 for sale2020: 16 for sale2021: 14 for sale’212022: 14 for sale2023: 8 for sale2024: 14 for sale’242025: 13 for saleLast 12 months: 10 for saleNow
Across Illinois

Candlewick Lake ranks 171st of 327 busy Illinois markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Candlewick Lake is in the middle of the pack.

Source: Redfin Data Center, city figures, January 2012 to September 2026 (MLS sales, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Candlewick Lake home costs about $1,708 a month

Mortgage
Property tax
Insurance
Rent

Price: Candlewick Lake’s typical sale, last 12 months. Property tax at Candlewick Lake’s 2.1% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Candlewick Lake is affordable on local pay is on Cost of living.

Before you buy in Candlewick Lake

Six things worth knowing

13

New listings in May

The month with the most choice. December has the fewest, about 5.

Best time to buy
2.1%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $246K home, about $5,100 a year.

Taxes vs. neighbors
C

Schools

The schools grade for Candlewick Lake, from test results, graduation and how much students grow.

Schools in Candlewick Lake
38 min

Typical commute

The average one-way trip to work for people who live in Candlewick Lake.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Rockford sells for less a square foot

The busier markets within 25 miles of Candlewick Lake, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Rockford1,781$175K$11445%14
Loves Park356$199K$13846%11
Machesney Park273$232K$14750%12
Belvidere267$244K$14445%19
Roscoe160$326K$15150%16
Candlewick Lake76$246K$12537%31
Poplar Grove60$311K$15434%38

Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Candlewick Lake, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Candlewick Lake. People who follow the town see it, and so do people comparing Candlewick Lake with their own town. No commission, no listing fee.

Questions about buying a home in Candlewick Lake

What do homes sell for in Candlewick Lake, IL?

76 homes sold in the year to September 2026 at a typical $246K, $125 a square foot.

Is Candlewick Lake a buyer’s or seller’s market?

A seller’s market: 13 homes were for sale in September 2026 and 9 sold, about 1.4 months of supply. Buyers paid 99.2% of asking on average.

When is the best time to buy in Candlewick Lake?

May brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Candlewick Lake?

About 2.1% of a home’s value a year. On a $246K home that’s near $5,100.

Where can I see homes for sale in Candlewick Lake?

Zillow, Redfin, Realtor.com and Homes.com all carry Candlewick Lake’s MLS listings; the search links above open each one filtered to Candlewick Lake.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).