$379,000
26 Clearview Dr
Candlewood Shores, CT
3 bd1 ba1,560 sqft$243/ft²
House8,712 sqft lot
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Candlewood Shores, CT(512) 555-0184TX License #0512847
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Candlewood Shores, CT Housing Market
Leaning buyer's
Redfin, through May 2026 · No longer updatingFreddie Mac via FRED, August 2026 · Refreshes weekly
The last median sale price Redfin published was $4.00M (through May 2026). With 7.0 months of supply and homes going under contract in about 38 days, Candlewood Shores is a leaning buyer's. At today's 6.66% 30-year fixed rate, 20% down on a $4.00M home is about $20,564/mo in principal and interest.
Key numbers for Candlewood Shores, CT
Median sale price
$4.00M
Last published period
Redfin, through May 2026
Days on market
38
Average pace
Redfin, through May 2026
Active listings
7
7.0 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
$178,510
Home costs 22.4x income
U.S. Census ACS, 2023
Sale-to-list ratio
96.4%
Selling below 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 Shores a buyer's or seller's market?
Leaning buyer's7.0 months of supply38 days on market96.4% of asking
Candlewood Shores, CT is a leaning buyer's, based on 7.0 months of supply and homes selling in about 38 days. Above 5 months of supply, homes start accumulating faster than they clear, which is where buyers gain leverage on price, repairs, and closing costs.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Candlewood Shores housing market data show?
Every row below is Redfin's final published month for Candlewood Shores, CT. Redfin, through May 2026
| Metric | Value |
|---|---|
| Median sale price | $4.00M |
| Median list price | $1.31M |
| Median price per sq ft | $614/sq ft |
| Median days on market | 38 days |
| Active inventory | 7 listings |
| Months of supply | 7.0 months |
| Sale-to-list price ratio | 96.4% |
| Homes sold (that month) | 1 |
| New listings (that month) | 2 |
| Listings with a price cut | 28.6% |
| Market condition | Leaning buyer's |
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 Shores is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Candlewood Shores 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 Shores home prices moved?
Over the last three years the median sale price in Candlewood Shores, CT rose 724.7%, from $485,000 to $4.00M. 28.6% of Candlewood Shores 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 7.0 months while the sale-to-list ratio slips below its current 96.4%. 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 Shores?
Priced off the median sale price of $4.00M 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% | $800,000 | $3.20M | $20,564/mo |
| 5% | $200,000 | $3.80M | $24,420/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 $20,564, that implies roughly $881,317 a year before you add taxes and insurance. The median household in Candlewood Shores earns $178,510, about $702,807 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 22.4x — 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 Shores in the next 12 months?
Tell us your timeline. We send the Candlewood Shores 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 Shores?
Zillow does not publish a rent index (ZORI) for Candlewood Shores, 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 Shores?
Active listings in Candlewood Shores, CT went from 1 in November 2024 to 7 in May 2026, a +600.0% 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 2024 | 1 | 1 |
| March 2025 | 4 | 3 |
| April 2025 | 5 | 2 |
| June 2025 | 7 | 4 |
| July 2025 | 8 | 2 |
| August 2025 | 8 | 1 |
| September 2025 | 8 | 1 |
| October 2025 | 5 | 1 |
| November 2025 | 4 | not published |
| January 2026 | 2 | not published |
| April 2026 | 6 | 2 |
| May 2026 | 7 | 2 |
Redfin, through May 2026
How does Candlewood Shores compare to Connecticut and the U.S.?
Candlewood Shores homes sell for $4.00M — 703% above the Connecticut median of $498,000. Against the national median of $410,700, Candlewood Shores runs 874% higher.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Candlewood Shores, CT | $4.00M | not published | 38 days |
| Connecticut statewide | $498,000 | +7.1% | 31 days |
| United States | $410,700 | not published | not 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 Shores
What buyers should watch
- Months of supply, currently 7.0. 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 28.6%. 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 $3,856 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 $4.00M 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 Shores listing goes under contract in 38 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 96.4% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
- In the last published month Candlewood Shores added 2 new listings against 1 sales — more competition arriving than clearing, so early timing matters.
- Comparable ZIP-level pricing inside Candlewood Shores varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Candlewood Shores
There are currently 7 homes listed for sale in Candlewood Shores, Connecticut. The median listing price is $1.3M. Featured listings range from $379,000 to $4,150,000.
$485,000
41 Skyline Dr
Candlewood Shores, CT
3 bd1 ba816 sqft$594/ft²
House6,970 sqft lot
View photos & details
$1,325,000
38 N Lake Shore Dr
Candlewood Shores, CT
3 bd2 ba2,904 sqft$456/ft²
House9,583 sqft lot
View photos & details
$1,459,000
18 N Lake Shore Dr
Candlewood Shores, CT
3 bd4 ba2,820 sqft$517/ft²
House10,019 sqft lot
View photos & details
$2,490,000
20 N Lake Shore Dr
Candlewood Shores, CT
3 bd4 ba3,284 sqft$758/ft²
House9,583 sqft lot
View photos & details
$2,889,000
44 N Lake Shore Dr
Candlewood Shores, CT
4 bd5 ba4,388 sqft$658/ft²
House9,583 sqft lot
View photos & details
$4,150,000
164 N Lake Shore Dr
Candlewood Shores, CT
4 bd6 ba6,512 sqft$637/ft²
House13,068 sqft lot
View photos & details
Looking to buy in Candlewood Shores?
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Active listings
7
Homes on market
Median list price
$1.3M
Avg. days on market
38
Days until sale
New this week
2
Newly listed
Price drops:28.6%of listings
Sale-to-list:96.4%
How much do homes cost in Candlewood Shores by property type?
How the Candlewood Shores, CT market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $4.00M | $614/sq ft | 1 | 38 days |
Who lives in Candlewood Shores?
American Community Survey estimates for Candlewood Shores. U.S. Census ACS, 2023
Population
534
Households
237
Median income
$178,510/yr
Median age
41.8 years
Owner-occupied
100.0%
Median home value
$399,400
Mean commute
27.7 min
100.0% of occupied homes in Candlewood Shores 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 Shores, CT?
Ordered by distance from Candlewood Shores, not by size. Compare Candlewood Shores side by side with any of them.
Candlewood Shores housing market FAQ
Is Candlewood Shores a buyer's or seller's market?
Candlewood Shores, CT is currently a leaning buyer's. That read comes from 7.0 months of supply, homes going under contract in about 38 days, and sellers getting 96.4% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in Candlewood Shores?
The median sale price in the last month Redfin published was $4.00M, about $614 per square foot.
Is Candlewood Shores cheaper than the rest of Connecticut?
Candlewood Shores's median sale price of $4.00M is 703% higher than the Connecticut statewide median of $498,000, and 874% above the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Candlewood Shores?
Homes in Candlewood Shores, CT spent a median of 38 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 Shores?
At the current 30-year fixed rate of 6.66%, 20% down on a $4.00M home is about $20,564 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $881,317 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $178,510.
Are home prices rising in Candlewood Shores?
We do not hold a complete 12-month value series for Candlewood Shores, 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 Shores?
Candlewood Shores 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 Shores?
That depends on your timeline, not on a headline. What the data says today: Candlewood Shores, CT is a leaning buyer's with 7.0 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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