$1,370,000
17 Meadow Ln
Candlewood Lake Club, CT
3 bd4 ba3,608 sqft$380/ft²
House15,682 sqft lot
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Sarah Mitchell
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Compass Real Estate · Candlewood Lake Club, CT
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Candlewood Lake Club, CT(512) 555-0184TX License #0512847
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Candlewood Lake Club, CT Housing Market
Balanced market
Redfin, through April 2026 · No longer updatingFreddie Mac via FRED, August 2026 · Refreshes weekly
The last median sale price Redfin published was $1.37M (through May 2026). With 2.0 months of supply and homes going under contract in about 55 days, Candlewood Lake Club is a balanced market. At today's 6.66% 30-year fixed rate, 20% down on a $1.37M home is about $7,043/mo in principal and interest.
Key numbers for Candlewood Lake Club, CT
Median sale price
$1.37M
Last published period
Redfin, through April 2026
Days on market
55
Average pace
Redfin, through April 2026
Active listings
2
2.0 months of supply
Redfin, through April 2026
30-yr fixed rate
6.66%
Freddie Mac weekly average
Freddie Mac via FRED, August 2026
Median household income
$250,001
Home costs 5.5x income
U.S. Census ACS, 2023
Sale-to-list ratio
100.0%
Selling above asking
Redfin, through April 2026
Zillow figures refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is Candlewood Lake Club a buyer's or seller's market?
Balanced market2.0 months of supply55 days on market100.0% of asking
Candlewood Lake Club, CT is a balanced market, based on 2.0 months of supply and homes selling in about 55 days. Under 4 months of supply tilts the market toward sellers: homes clear faster than they are replaced, so concessions are scarce.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Candlewood Lake Club housing market data show?
Every row below is Redfin's final published month for Candlewood Lake Club, CT. Redfin, through April 2026
| Metric | Value |
|---|---|
| Median sale price | $1.37M |
| Median list price | $849,900 |
| Median price per sq ft | $380/sq ft |
| Median days on market | 55 days |
| Active inventory | 2 listings |
| Months of supply | 2.0 months |
| Sale-to-list price ratio | 100.0% |
| Homes sold (that month) | 1 |
| New listings (that month) | 1 |
| Market condition | Balanced market |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Candlewood Lake Club is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Candlewood Lake Club is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have Candlewood Lake Club home prices moved?
Across the 22 months we hold for Candlewood Lake Club, CT, the median sale price rose 302.9%, from $340,000 in April 2021 to $1.37M. For prices to fall meaningfully from here, supply would have to keep building past 2.0 months while the sale-to-list ratio slips below its current 100.0%. Watch those two together — they move before the median does.
Redfin, through April 2026 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in Candlewood Lake Club?
Priced off the median sale price of $1.37M at the current 6.66% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $274,000 | $1.10M | $7,043/mo |
| 5% | $68,500 | $1.30M | $8,364/mo |
Redfin, through April 2026 for the price · Freddie Mac via FRED, August 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $7,043, that implies roughly $301,851 a year before you add taxes and insurance. The median household in Candlewood Lake Club earns $250,001, about $51,850 short of that threshold — the typical local household needs a larger down payment, a co-borrower, or a home below the median sale price to fit the 28% rule. That puts the price-to-income ratio at 5.5x — well above the 3x that was historically considered affordable, which is why down payment size drives who can buy here.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Candlewood Lake Club in the next 12 months?
Tell us your timeline. We send the Candlewood Lake Club market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Candlewood Lake Club?
Zillow does not publish a rent index (ZORI) for Candlewood Lake Club, CT, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.
Is inventory rising or falling in Candlewood Lake Club?
Active listings in Candlewood Lake Club, CT went from 1 in September 2023 to 2 in April 2026, a +100.0% change. Rising inventory is the single most useful leading indicator for buyers: more choice, longer marketing times, and more sellers willing to negotiate before price cuts show up in the median.
| Month | Active listings | New listings |
|---|---|---|
| December 2023 | 1 | not published |
| March 2024 | 2 | 1 |
| August 2024 | 4 | not published |
| September 2024 | 3 | 1 |
| November 2024 | 5 | not published |
| December 2024 | 4 | 1 |
| January 2025 | 3 | not published |
| February 2025 | 3 | not published |
| May 2025 | 1 | 1 |
| June 2025 | 1 | not published |
| October 2025 | 1 | not published |
| April 2026 | 2 | 1 |
Redfin, through April 2026
How does Candlewood Lake Club compare to Connecticut and the U.S.?
Candlewood Lake Club homes sell for $1.37M — 175% above the Connecticut median of $498,000. Against the national median of $410,700, Candlewood Lake Club runs 234% higher.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Candlewood Lake Club, CT | $1.37M | not published | 55 days |
| Connecticut statewide | $498,000 | +7.1% | 31 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through April 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Candlewood Lake Club
What buyers should watch
- Months of supply, currently 2.0. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The gap between 5% and 20% down here is $1,321 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 6.66%, every full point of rate change moves the payment on a $1.37M home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median Candlewood Lake Club listing goes under contract in 55 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Homes here close at 100.0% of asking. Price at the number you want and let competition do the rest.
- In the last published month Candlewood Lake Club added 1 new listings against 1 sales — more clearing than arriving, which is the better window to list.
- Comparable ZIP-level pricing inside Candlewood Lake Club varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Candlewood Lake Club
There are currently 2 homes listed for sale in Candlewood Lake Club, Connecticut. The median listing price is $850K. Featured listings range from $1,370,000 to $2,225,000.
$2,225,000
54 Indian Trl
Candlewood Lake Club, CT
5 bd5 ba3,361 sqft$662/ft²
House20,909 sqft lot
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Active listings
2
Homes on market
Median list price
$850K
Avg. days on market
55
Days until sale
New this week
1
Newly listed
Sale-to-list:100.0%
How much do homes cost in Candlewood Lake Club by property type?
How the Candlewood Lake Club, CT market breaks down across single-family homes, condos and townhouses. Redfin, through April 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $1.37M | $380/sq ft | 1 | 55 days |
Who lives in Candlewood Lake Club?
American Community Survey estimates for Candlewood Lake Club. U.S. Census ACS, 2023
Population
235
Households
104
Median income
$250,001/yr
Median age
69.9 years
Owner-occupied
100.0%
Median home value
$1.66M
Mean commute
45.4 min
100.0% of occupied homes in Candlewood Lake Club are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market.
Which cities are near Candlewood Lake Club, CT?
Ordered by distance from Candlewood Lake Club, not by size. Compare Candlewood Lake Club side by side with any of them.
Candlewood Lake Club housing market FAQ
Is Candlewood Lake Club a buyer's or seller's market?
Candlewood Lake Club, CT is currently a balanced market. That read comes from 2.0 months of supply, homes going under contract in about 55 days, and sellers getting 100.0% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in Candlewood Lake Club?
The median sale price in the last month Redfin published was $1.37M, about $380 per square foot.
Is Candlewood Lake Club cheaper than the rest of Connecticut?
Candlewood Lake Club's median sale price of $1.37M is 175% higher than the Connecticut statewide median of $498,000, and 234% above the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Candlewood Lake Club?
Homes in Candlewood Lake Club, CT spent a median of 55 days on market before going under contract, versus 31 days statewide. That is a normal pace: enough time to see a home twice, not enough to wait a month. (Redfin, through May 2026.)
What income do you need to buy a home in Candlewood Lake Club?
At the current 30-year fixed rate of 6.66%, 20% down on a $1.37M home is about $7,043 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $301,851 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $250,001.
Are home prices rising in Candlewood Lake Club?
We do not hold a complete 12-month value series for Candlewood Lake Club, CT yet, so we are not going to call a direction. The price chart above shows every period we do have.
What are the cheapest ZIP codes in Candlewood Lake Club?
Candlewood Lake Club ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in Candlewood Lake Club?
That depends on your timeline, not on a headline. What the data says today: Candlewood Lake Club, CT is a balanced market with 2.0 months of supply, the 30-year fixed rate is 6.66%. Properties Incorporated publishes the data; it does not give financial advice.
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