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Candlewick Lake, IL

Full City Profile · Illinois · Boone County County

3.2 /5.0
B Good
5,459 Population 2,951/sq mi density
$94,820 Median Income $28,139 per capita
$169,200 Home Value $428,437 Zillow
$1,539 Median Rent 39.8% income on rent
48°F Avg Temperature 260 sunny days/yr
309 Violent Crime/100K 2,789 property/100K
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.4 / 5.0
$94,820 median income, 2.8% unemployment
A+
Affordability
5.0 / 5.0
$169,200 home value, $1,539/mo rent
F
Safety
1.0 / 5.0
309 violent crimes/100K
C+
Education
2.5 / 5.0
19.3% bachelor's degree or higher

Housing Overview

Median Home Value
$169,200
40% below
US avg: $281,900
Median Rent
$1,539/mo
32% above
US avg: $1,163/mo
Homeownership Rate
91.0%
39% above US avg (65.4%)
Total Housing Units
1,664
Median year built: 1996

Home Value by Source

Census Median
$169,200
Zillow (ZHVI)
$428,437
Median Sale Price
$252,500
Median List Price
$254,900
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

91.0%
Owner-Occupied
9.0%
Renter-Occupied
91%
9%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$774/mo
1 Bedroom
$854/mo
2 Bedroom
$1,063/mo
3 Bedroom
$1,370/mo
4 Bedroom
$1,561/mo
Census median rent: $1,539/mo

Market Indicators (Redfin)

Median Days on Market
28 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
2
Price Drops
12.5%
of listings with price reduction
Price Per Sq Ft
$147
Active Inventory
8
homes for sale

Affordability & Housing Stock

Rent Burden
39.8%
of renters spending 30%+ of income on housing
28% above US avg (31.0%)
Median Year Built
1996
Average age of housing stock: 30 years
Homeownership Rate
91.0%

Complete Housing Data

Home Values

Census Median Value$169,200
Zillow Home Value (ZHVI)$428,437
Median Sale Price$252,500
Median List Price$254,900
Price Per Sq Ft$147

Rent

Census Median Rent$1,539
FMR Studio$774
FMR 1-Bedroom$854
FMR 2-Bedroom$1,063
FMR 3-Bedroom$1,370
FMR 4-Bedroom$1,561

Market

Days on Market28
Sale-to-List Ratio1.0%
Price Drops12.5%
Homes Sold2
Active Inventory8
Price Per Sq Ft$147

Ownership & Stock

Owner-Occupied91.0%
Renter-Occupied9.0%
Homeownership Rate91.0%
Total Housing Units1,664
Median Year Built1996
Rent Burden39.8%