Much like other places in this area, it is substantially less expensive compared to the rest of the nation. Compared to the city of Chicago, it's a lot less expensive.
Home prices
The median home in Candlewick Lake costs $130,800. Compared to the surrounding areas it is roughly $4,960 (3%) higher.It is about $86,700 (39%) lower compared to the US as a whole, and is about $127,200 (49%) lower compared to the city of Chicago.
Rents
Candlewick Lake's median monthly rent is $1,393. In comparison to its nearby areas it is about $401 (40%) higher.Compared to the country as a whole it is roughly $331 (31%) higher, and in comparison to the city of Chicago is roughly $281 (25%) higher.
Nearby places
Poplar Grove
Poplar Grove is Candlewick Lake's neighbor to the east. The real estate prices there are a little more expensive. The median home in Poplar Grove is valued at $159,900, which is $29,100 (18%) higher than Candlewick Lake. The rent there is a bit more expensive. The median rent in Poplar Grove is $1,625 per month, which works out to $232 (14%) higher than Candlewick Lake.
Caledonia
Caledonia is Candlewick Lake's neighbor to the northwest. Real estate prices there are similar. The median home in Caledonia is valued at $133,300, which works out to $2,500 (1%) higher than Candlewick Lake. Its rents are a bit less expensive. In Caledonia the median rent is $1,063 per month, which is $330 (31%) lower than Candlewick Lake.
Loves Park
Loves Park is about 5 miles west of Candlewick Lake. Its real estate prices are a little less expensive. Loves Park's median home cost is $111,900, which comes out to $18,900 (16%) lower than Candlewick Lake. The rent there is substantially less expensive. The median rent in Loves Park is $848 a month, which is $545 (64%) lower than Candlewick Lake.
Capron
Capron is roughly 6 miles northeast from Candlewick Lake. Housing prices there are somewhat less expensive. Capron's median home value is $113,800, which works out to $17,000 (14%) lower than Candlewick Lake. Rent there is significantly less expensive. The median rent in Capron is $648 per month, which works out to $745 (114%) lower than Candlewick Lake.
Belvidere
Belvidere is roughly 6 miles south from Candlewick Lake. Real estate prices there are somewhat less expensive. The price of the median home in Belvidere is $110,300, which works out to $20,500 (18%) lower than Candlewick Lake. Rents there are substantially less expensive. The median rent in Belvidere is $776 a month, which is $617 (79%) lower than Candlewick Lake.
