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Sarah Mitchell

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Compass Real Estate · Candlewood Orchards, CT

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Candlewood Orchards, CT(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Candlewood Orchards, CT Housing Market

Seller's market+23.7% YoY
Redfin, through May 2026 · No longer updatingFreddie Mac via FRED, August 2026 · Refreshes weekly

The last median sale price Redfin published was $668,000, +23.7% year over year (through May 2026). With 3.0 months of supply and homes going under contract in about 18 days, Candlewood Orchards is a seller's market. At today's 6.66% 30-year fixed rate, 20% down on a $668,000 home is about $3,434/mo in principal and interest.

Key numbers for Candlewood Orchards, CT

Median sale price

$668,000

+23.7% year over year

Redfin, through May 2026

Days on market

18

Fast-moving

Redfin, through May 2026

Active listings

3

3.0 months of supply

Redfin, through May 2026

30-yr fixed rate

6.66%

Freddie Mac weekly average

Freddie Mac via FRED, August 2026

Median household income

$120,469

Home costs 5.5x income

U.S. Census ACS, 2023

Sale-to-list ratio

100.2%

Selling above asking

Redfin, through May 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 Orchards a buyer's or seller's market?

Seller's market3.0 months of supply18 days on market100.2% of asking

Candlewood Orchards, CT is a seller's market, based on 3.0 months of supply and homes selling in about 18 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 Orchards housing market data show?

Every row below is Redfin's final published month for Candlewood Orchards, CT. Redfin, through May 2026

Housing market statistics for Candlewood Orchards, CT, Redfin through May 2026
MetricValue
Median sale price$668,000
Median list price$974,950
Year-over-year price change+23.7%
Median price per sq ft$216/sq ft
Median days on market18 days
Active inventory3 listings
Months of supply3.0 months
Sale-to-list price ratio100.2%
Homes sold (that month)1
New listings (that month)2
Listings with a price cut33.3%
Market conditionSeller's 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 Orchards is frozen at May 2026.
Typical home value (ZHVI)
Zillow's estimate of what a mid-market home in Candlewood Orchards 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 Orchards home prices moved?

Over the last three years the median sale price in Candlewood Orchards, CT rose 71.3%, from $390,000 to $668,000. 33.3% of Candlewood Orchards listings cut their asking price in the final Redfin month — a high share, and the clearest sign that list prices were running ahead of what buyers would pay. For prices to fall meaningfully from here, supply would have to keep building past 3.0 months while the sale-to-list ratio slips below its current 100.2%. Watch those two together — they move before the median does.

Redfin, through May 2026 — the chart ends at Redfin's final published month.

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What does it cost to buy a home in Candlewood Orchards?

Priced off the median sale price of $668,000 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.

Monthly principal and interest by down payment in Candlewood Orchards, CT
Down paymentCash at closeLoan amountMonthly P&I
20%$133,600$534,400$3,434/mo
5%$33,400$634,600$4,078/mo

Redfin, through May 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 $3,434, that implies roughly $147,180 a year before you add taxes and insurance. The median household in Candlewood Orchards earns $120,469, about $26,711 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 Orchards in the next 12 months?

Tell us your timeline. We send the Candlewood Orchards market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.

No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.

Is it cheaper to rent or buy in Candlewood Orchards?

Zillow does not publish a rent index (ZORI) for Candlewood Orchards, 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 Orchards?

Active listings in Candlewood Orchards, CT went from 5 in November 2024 to 3 in May 2026, a -40.0% change. Falling inventory tightens competition. When supply drops while demand holds, sale-to-list ratios rise before the median sale price does.

Active listings by month in Candlewood Orchards, CT
MonthActive listingsNew listings
December 20244not published
February 20254not published
April 202534
May 202531
June 202542
July 202541
August 202542
September 202541
November 202511
December 20251not published
February 20261not published
May 202632

Redfin, through May 2026

How does Candlewood Orchards compare to Connecticut and the U.S.?

Candlewood Orchards homes sell for $668,00034% above the Connecticut median of $498,000. Against the national median of $410,700, Candlewood Orchards runs 63% higher. Year-over-year, Candlewood Orchards moved +23.7% against Connecticut's +7.1%a bigger swing than the state as a whole.

Candlewood Orchards, CT compared with Connecticut and the United States
MarketMedian sale priceYoYDays on market
Candlewood Orchards, CT$668,000+23.7%18 days
Connecticut statewide$498,000+7.1%31 days
United States$410,700not publishednot published

City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)

What to do next in Candlewood Orchards

What buyers should watch

  • Months of supply, currently 3.0. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
  • The share of listings cutting price, currently 33.3%. A listing that has already cut once is the one most likely to accept below asking.
  • The gap between 5% and 20% down here is $644 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 $668,000 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 Orchards listing goes under contract in 18 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 100.2% of asking. Price at the number you want and let competition do the rest.
  • In the last published month Candlewood Orchards added 2 new listings against 1 sales — more competition arriving than clearing, so early timing matters.
  • Comparable ZIP-level pricing inside Candlewood Orchards varies more than the citywide median suggests — check the ZIP pages below before you set a number.

Homes for sale in Candlewood Orchards

There are currently 3 homes listed for sale in Candlewood Orchards, Connecticut. The median listing price is $975K. Featured listings range from $399,126 to $3,495,000.

2 bedroom house for sale at 29 Longview Dr Candlewood Orchards - $399,126
$399,126

29 Longview Dr

Candlewood Orchards, CT

2 bd2 ba762 sqft$524/ft²
House7,841 sqft lot
View photos & details
3 bedroom house for sale at 15 Berkshire Dr Candlewood Orchards - $829,000
$829,000

15 Berkshire Dr

Candlewood Orchards, CT

3 bd4 ba1,955 sqft$424/ft²
House11,326 sqft lot
View photos & details
4 bedroom house for sale at 70 S Lake Shore Dr Candlewood Orchards - $3,495,000
$3,495,000

70 S Lake Shore Dr

Candlewood Orchards, CT

4 bd4 ba3,372 sqft$1036/ft²
House10,454 sqft lot
View photos & details

Looking to buy in Candlewood Orchards?

Get connected with a local real estate expert — free, no obligation.

Active listings

3

Homes on market

Median list price

$975K

Avg. days on market

18

Days until sale

New this week

2

Newly listed

Price drops:33.3%of listings
Sale-to-list:100.2%

How much do homes cost in Candlewood Orchards by property type?

How the Candlewood Orchards, CT market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026

Median price, price per square foot, homes sold and days on market by property type in Candlewood Orchards, CT
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$668,000$216/sq ft118 days

Who lives in Candlewood Orchards?

American Community Survey estimates for Candlewood Orchards. U.S. Census ACS, 2023

Population

683

Households

253

Median income

$120,469/yr

Median age

49.2 years

Owner-occupied

94.1%

Median home value

$368,000

Mean commute

37.2 min

94.1% of occupied homes in Candlewood Orchards 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 Orchards, CT?

Ordered by distance from Candlewood Orchards, not by size. Compare Candlewood Orchards side by side with any of them.

Candlewood Orchards housing market FAQ

Is Candlewood Orchards a buyer's or seller's market?

Candlewood Orchards, CT is currently a seller's market. That read comes from 3.0 months of supply, homes going under contract in about 18 days, and sellers getting 100.2% of their asking price in the last month Redfin published (May 2026).

How much do homes cost in Candlewood Orchards?

The median sale price in the last month Redfin published was $668,000, about $216 per square foot.

Is Candlewood Orchards cheaper than the rest of Connecticut?

Candlewood Orchards's median sale price of $668,000 is 34% higher than the Connecticut statewide median of $498,000, and 63% above the U.S. median of $410,700. Both figures are for the same period.

How long do homes take to sell in Candlewood Orchards?

Homes in Candlewood Orchards, CT spent a median of 18 days on market before going under contract, versus 31 days statewide. Under three weeks means well-priced listings move before most buyers can schedule a second showing. (Redfin, through May 2026.)

What income do you need to buy a home in Candlewood Orchards?

At the current 30-year fixed rate of 6.66%, 20% down on a $668,000 home is about $3,434 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $147,180 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $120,469.

Are home prices rising in Candlewood Orchards?

Redfin's last published year-over-year change for Candlewood Orchards, CT was +23.7%, measured through May 2026. That series is frozen; treat it as a historical reading rather than a current trend.

What are the cheapest ZIP codes in Candlewood Orchards?

Candlewood Orchards 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 Orchards?

That depends on your timeline, not on a headline. What the data says today: Candlewood Orchards, CT is a seller's market with 3.0 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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One email: what homes are actually clearing at around $668,000, how long they sit, which ZIPs run cheaper, and what to fix on your credit before you apply.

No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.