House Prices

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


Average Data

average house price$674,915
average size per house2061 ft²
average price per ft²351 $ / ft²

06/26/2026 - The value range (VR) for house prices in Candlewood Terrace New Milford, CT is $333.45/ sqft to $368.55/ sqft. An average home with 2061 sqft costs approximately $736,035 to $813,512. 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 $351. Our analysis is based on 11 property listings.

Avergage prices by ZIP codes Candlewood Terrace New Milford

06776510 $ / ft²




Historical development of home values in Candlewood Terrace New Milford

Year Estimated value (USD) Change vs. 2025
2010 $313,443 -53.6%
2011 $301,322 -55.4%
2012 $300,511 -55.5%
2013 $311,743 -53.8%
2014 $327,244 -51.5%
2015 $344,039 -49.0%
2016 $361,994 -46.4%
2017 $381,532 -43.5%
2018 $402,625 -40.3%
2019 $421,294 -37.6%
2020 $443,073 -34.4%
2021 $503,948 -25.3%
2022 $587,490 -13.0%
2023 $619,536 -8.2%
2024 $655,377 -2.9%
2025 $674,915 0.0%

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



Example: 100% financing house in Candlewood Terrace New Milford

Loan amount: $674,915

Interest rate: 6.43%

Fixed monthly payment: $4,233.13

Breakdown in the 1st month:
Interest portion: $3,614.17  –  Principal portion: $618.96

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $43,147.33 $7,650.23 $667,264.77
2 $42,640.98 $8,156.57 $659,108.20
3 $42,101.13 $8,696.43 $650,411.77
4 $41,525.54 $9,272.02 $641,139.75
5 $40,911.85 $9,885.70 $631,254.05
6 $40,257.55 $10,540.01 $620,714.04
7 $39,559.94 $11,237.62 $609,476.43
8 $38,816.16 $11,981.40 $597,495.03
9 $38,023.15 $12,774.41 $584,720.62
10 $37,177.65 $13,619.91 $571,100.71
11 $36,276.19 $14,521.36 $556,579.35
12 $35,315.07 $15,482.49 $541,096.86
13 $34,290.33 $16,507.22 $524,589.64
14 $33,197.77 $17,599.78 $506,989.85
15 $32,032.90 $18,764.66 $488,225.20
16 $30,790.92 $20,006.63 $468,218.57
17 $29,466.75 $21,330.81 $446,887.76
18 $28,054.93 $22,742.62 $424,145.14
19 $26,549.67 $24,247.89 $399,897.25
20 $24,944.78 $25,852.78 $374,044.48
21 $23,233.67 $27,563.89 $346,480.59
22 $21,409.30 $29,388.25 $317,092.33
23 $19,464.19 $31,333.37 $285,758.96
24 $17,390.33 $33,407.22 $252,351.74
25 $15,179.21 $35,618.34 $216,733.40
26 $12,821.75 $37,975.81 $178,757.59
27 $10,308.25 $40,489.30 $138,268.29
28 $7,628.39 $43,169.16 $95,099.12
29 $4,771.16 $46,026.39 $49,072.73
30 $1,724.82 $49,072.73 $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 Terrace New Milford, CT


1500 sqft3900 sqft
Ø selling price$682,297$1,451,431
Ø fast selling$620,270$1,306,288
Ø high price sale$744,324$1,596,575

In 2026, houses in Candlewood Terrace New Milford, CT will be offered at an average price of $351 per square foot. A 1,500 sqft home priced at $682,297 is 24.63% more expensive per square foot than a 3,900 sqft home priced at $1,451,431. Home prices in Candlewood Terrace 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 $1,004,837. Sellers who can wait longer may achieve a higher price of up to $1,228,134.


Candlewood Terrace in New Milford, CT

Lakeside Location & Lifestyle

Candlewood Terrace in New Milford, CT is a lakeside neighborhood near Candlewood Lake, known for its relaxed, vacation-like vibe.
Residents enjoy a mix of seasonal cottages and year-round homes in a friendly community set along quiet, wooded roads.

Real Estate & Homes

Housing options range from classic cottages and bungalows to renovated colonials and contemporary homes with lake glimpses.
Buyers searching Candlewood Terrace real estate and homes for sale will find often competitive value compared with other lake-area communities.
Many properties feature decks, patios, and outdoor entertaining areas that maximize the scenic setting.

Recreation & Amenities

Local amenities often include neighborhood beach associations with lake access, a swim area, and nearby boat launches for kayaking, paddleboarding, and power boating on Candlewood Lake.
Four-season recreation abounds, from summer swimming and fishing to colorful fall foliage and winter skating when conditions allow.
Nearby destinations like Lover?s Leap State Park and the Still River Greenway add convenient hiking and biking options.

Access, Schools & Convenience

The neighborhood sits a short drive from Route 7 and New Milford?s historic downtown, bringing dining, shops, and services within easy reach.
Families appreciate access to New Milford public schools and an efficient commute to Danbury, Brookfield, and lower Fairfield County.



FAQ – Home Values in Candlewood Terrace New Milford

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

In 2026, the typical home value in Candlewood Terrace New Milford is about $674,915 for an average home size of 2061 square feet. This corresponds to an average price of roughly $351 per square foot.

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

In 2026, homes in Candlewood Terrace New Milford sell for an average of around $351 per square foot, with a typical range between $333.45 and $368.55 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Candlewood Terrace?

The average home size in Candlewood Terrace New Milford is about 2061 square feet, with an estimated 2026 value around $674,915.



Neighborhoods close to Candlewood Terrace 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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