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Featured local agent — Candlewick Lake, IL
Sarah Mitchell
Compass Real Estate · Candlewick Lake, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Candlewick Lake, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$252,750median sale price
How is the Candlewick Lake, IL housing market right now?
The median home sale price in Candlewick Lake, IL is $252,750, down 6.4% year-over-year. Homes sell in an average of 37 days with 9 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Candlewick Lake a buyer's or seller's market?
Candlewick Lake, IL is currently a strong seller's market, based on 1.5 months of supply and homes selling in about 37 days. How we determine this →
Homes sold
6
Last 12 weeks
Days on market
37
Average pace
Active listings
9
1.5 months supply
Sale-to-list
100.6%
Above asking
What does the Candlewick Lake housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $252,750 |
| Median list price | $254,950 |
| Year-over-year price change | -6.4% |
| Average days on market | 37 days |
| Active inventory | 9 listings |
| Months of supply | 1.5 months |
| Sale-to-list price ratio | 100.6% |
| Median price per sq ft | $131/sq ft |
| Homes sold (latest month) | 6 |
| New listings (latest month) | 8 |
| Listings with a price cut | 11.1% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Candlewick Lake by property type?
How the Candlewick Lake, IL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $252,750 | $131/sq ft | 6 | 37 days |
Source: Redfin · Updated monthly
The Candlewick Lake housing market is currently classified as a strong seller's market with a median sale price of $252,750. Prices have fallen 6.4% compared to last year, with homes spending an average of 37 days on market, indicating 1.5 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Homes for sale in Candlewick Lake
There are currently 9 homes listed for sale in Candlewick Lake, Illinois. The median listing price is $255K.
Active listings
9
Homes on market
Median list price
$255K
Avg. days on market
37
Days until sale
New this week
8
Newly listed
Who lives in Candlewick Lake?
Population
5,459
Median income
$94,820/yr
Median age
34.3 years
Owner-occupied
91.0%
College grads
19.3%
Avg commute
41.2 min
Source: U.S. Census Bureau ACS
What is it like to live in Candlewick Lake?
Candlewick Lake is a community of approximately 5K residents with a median age of 34.3 years.The median household income is $94,820, which reflects a relatively affluent area with strong earning potential. 19.3% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 91.0%, reflecting strong community stability and long-term resident commitment. The average commute time is 41.2 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Candlewick Lake offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Candlewick Lake, IL?
Want a head-to-head view? Compare Candlewick Lake side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Candlewick Lake?
The median home sale price in Candlewick Lake is $252,750, down 6.4% from last year.
How long do homes stay on market in Candlewick Lake?
Homes typically spend 37 days on market before going under contract.
What is the median income in Candlewick Lake?
The median household income is $94,820 per year.
Is Candlewick Lake a buyer's or seller's market?
With 1.5 months of supply, Candlewick Lake is currently a strong seller's market.
How much does a single-family home cost in Candlewick Lake?
The median single-family home price in Candlewick Lake, IL is $252,750 (about $131 per square foot).
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