House Prices

Candlewood Springs New Milford, CT House Prices & Home Values 2026


Average Data

average house price$676,806
average size per house2067 ft²
average price per ft²352 $ / ft²

06/26/2026 - The value range (VR) for house prices in Candlewood Springs New Milford, CT is $334.4/ sqft to $369.6/ sqft. An average home with 2067 sqft costs approximately $742,354 to $820,497. New Milford, CT includes 1 ZIP codes and it is located in Litchfield county. The lowest prices are found in ZIP 06776, while the highest are in ZIP 06776. The average price per sqare feet is $352. Our analysis is based on 11 property listings.

Avergage prices by ZIP codes Candlewood Springs New Milford

06776512 $ / ft²




Historical development of home values in Candlewood Springs New Milford

Year Estimated value (USD) Change vs. 2025
2010 $314,321 -53.6%
2011 $302,166 -55.4%
2012 $301,353 -55.5%
2013 $312,616 -53.8%
2014 $328,161 -51.5%
2015 $345,003 -49.0%
2016 $363,008 -46.4%
2017 $382,601 -43.5%
2018 $403,753 -40.3%
2019 $422,475 -37.6%
2020 $444,315 -34.4%
2021 $505,360 -25.3%
2022 $589,136 -13.0%
2023 $621,272 -8.2%
2024 $657,213 -2.9%
2025 $676,806 0.0%

Graph: estimated home values in Candlewood Springs New Milford over time (USD)



Example: 100% financing house in Candlewood Springs New Milford

Loan amount: $676,806

Interest rate: 6.44%

Fixed monthly payment: $4,252.98

Breakdown in the 1st month:
Interest portion: $3,634.45  –  Principal portion: $618.53

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $43,390.19 $7,645.56 $669,160.44
2 $42,882.69 $8,153.06 $661,007.38
3 $42,341.51 $8,694.24 $652,313.14
4 $41,764.41 $9,271.34 $643,041.80
5 $41,149.00 $9,886.75 $633,155.05
6 $40,492.74 $10,543.01 $622,612.03
7 $39,792.92 $11,242.83 $611,369.20
8 $39,046.64 $11,989.11 $599,380.09
9 $38,250.83 $12,784.92 $586,595.18
10 $37,402.20 $13,633.55 $572,961.63
11 $36,497.23 $14,538.51 $558,423.11
12 $35,532.20 $15,503.55 $542,919.56
13 $34,503.11 $16,532.64 $526,386.92
14 $33,405.71 $17,630.04 $508,756.89
15 $32,235.47 $18,800.28 $489,956.61
16 $30,987.55 $20,048.20 $469,908.41
17 $29,656.80 $21,378.95 $448,529.46
18 $28,237.71 $22,798.04 $425,731.42
19 $26,724.43 $24,311.32 $401,420.10
20 $25,110.70 $25,925.05 $375,495.05
21 $23,389.85 $27,645.90 $347,849.15
22 $21,554.78 $29,480.97 $318,368.19
23 $19,597.90 $31,437.85 $286,930.34
24 $17,511.13 $33,524.62 $253,405.72
25 $15,285.84 $35,749.91 $217,655.82
26 $12,912.85 $38,122.90 $179,532.91
27 $10,382.33 $40,653.42 $138,879.50
28 $7,683.85 $43,351.90 $95,527.60
29 $4,806.25 $46,229.50 $49,298.10
30 $1,737.64 $49,298.10 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Candlewood Springs New Milford, CT


1500 sqft3900 sqft
Ø selling price$686,158$1,459,644
Ø fast selling$623,780$1,313,679
Ø high price sale$748,536$1,605,608

In 2026, houses in Candlewood Springs New Milford, CT will be offered at an average price of $352 per square foot. A 1,500 sqft home priced at $686,158 is 24.70% more expensive per square foot than a 3,900 sqft home priced at $1,459,644. Home prices in Candlewood Springs New Milford, CT vary significantly depending on the property’s condition and exact location. For a quick sale, a 2,700 sqft home should be listed at around $1,010,523. Sellers who can wait longer may achieve a higher price of up to $1,235,083.


Explore Candlewood Springs, New Milford, CT

Overview

Nestled near the shores of Candlewood Lake, Candlewood Springs in New Milford, CT blends New England charm with year-round lake living.
This inviting neighborhood offers wooded scenery, winding roads, and a relaxed pace that appeals to full?time residents and weekenders alike.

Lifestyle & Recreation

Residents enjoy quick access to boating, swimming, kayaking, and fishing on nearby Candlewood Lake, along with hiking trails and scenic overlooks in the surrounding hills.
Four distinct seasons bring vibrant foliage, snowy lake vistas, and plenty of opportunities for outdoor gatherings and cozy evenings at home.

Location & Accessibility

Set in the Candlewood Lake region of Litchfield County, Candlewood Springs offers convenient connections to Route 7, Route 202, and the historic New Milford Green.
Commuters appreciate proximity to shopping, dining, and services in downtown New Milford, with regional rail and interstate access available within a reasonable drive.

Real Estate & Community Feel

Housing in the area ranges from classic cottages and seasonal getaways to updated year?round homes, many set on quiet lanes with mature trees and natural stonework.
The community atmosphere is friendly and low?key, with neighbors who value privacy, nature, and the lake?country lifestyle.

Nearby Attractions & Daily Conveniences

Popular nearby spots include Lovers Leap State Park, Lynn Deming Park on Candlewood Lake, and the Housatonic River corridor for paddling and scenic walks.
Families also benefit from access to New Milford Public Schools and a growing selection of local shops, farm markets, and community events throughout the year.



FAQ – Home Values in Candlewood Springs New Milford

What is the median home value in Candlewood Springs New Milford in 2026?

In 2026, the typical home value in Candlewood Springs New Milford is about $676,806 for an average home size of 2067 square feet. This corresponds to an average price of roughly $352 per square foot.

What is the average cost per square foot in Candlewood Springs New Milford?

In 2026, homes in Candlewood Springs New Milford sell for an average of around $352 per square foot, with a typical range between $334.4 and $369.6 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Candlewood Springs?

The average home size in Candlewood Springs New Milford is about 2067 square feet, with an estimated 2026 value around $676,806.



Neighborhoods close to Candlewood Springs New Milford, CT

New Preston New Preston Marble Dale, CT146 $ / ft²
Plymouth Center Plymouth, CT155 $ / ft²
Roxbury Center Roxbury, CT346 $ / ft²
Union City Naugatuck, CT152 $ / ft²
East Morris Morris, CT401 $ / ft²
Litchfield Borough Litchfield, CT321 $ / ft²




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