The housing market in Candlewood Lake, OH is seeing strong appreciation rates. According to the given data, the median value of a house in Candlewood Lake is $214,800, which is significantly lower than the US median value of $338,100. However, over the last year Candlewood Lake has seen an appreciation rate of 16.98%, higher than the US average of 8.27%. This indicates that there is a strong demand for housing in the area and thus prices are increasing at a faster rate than elsewhere in the country.
The median home cost in Candlewood Lake is $214,800. Home appreciation the last 10 years has been 89.4%. Home Appreciation in Candlewood Lake is up 16.5%.
Average Age of Homes
- The median age of Candlewood Lake real estate is 20 years old
The Rental Market in Candlewood Lake
- Renters make up 1.6% of the Candlewood Lake population
- 0.0% of houses and apartments in Candlewood Lake, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.