East Lake, Elkhart, IN
East Lake — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for East Lake, Elkhart, Indiana. Explore the cited sources and local facts below while agent underwriting continues.
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East Lake Neighborhood Overview
East Lake is a residential neighborhood located in Elkhart, Indiana, within the 46514 ZIP code. Characterized by its quiet streets and established community feel, it offers a balanced suburban lifestyle with convenient access to the city's amenities. The area provides a stable and affordable environment for a mix of families, professionals, and long-term residents.
Lifestyle & Amenities
Residents of East Lake enjoy a neighborhood-centric lifestyle with easy access to local parks and everyday conveniences. The area is served by nearby shopping plazas, grocery stores, and a variety of dining options along major thoroughfares. Its proximity to central Elkhart means cultural attractions and larger retail centers are just a short drive away.
Real Estate Market
The East Lake real estate market is defined by affordability and steady demand. The median home value is $167,600, with a price per square foot around $123.36, and homes typically sell after about 32 days on the market. A high homeownership rate of 73% contributes to the neighborhood's stable and invested community atmosphere.
Schools & Education
Families in East Lake are served by the Elkhart Community Schools district, which provides educational options from elementary through high school. The neighborhood's proximity to several school facilities makes for convenient commutes for students and parents. Higher education opportunities are available nearby at institutions like Ivy Tech Community College.
Transportation & Connectivity
East Lake is well-connected by major roads like County Road 17 and US 20, facilitating easy commutes throughout Elkhart and to neighboring cities like Goshen. The neighborhood is primarily car-dependent, with most errands requiring a vehicle. Public transportation options are available through the Interurban Trolley system for local travel within Elkhart.
Why Choose East Lake
East Lake presents an attractive value proposition for homebuyers seeking an affordable, stable community in Elkhart. With a median household income of $60,300 and median rent of $1,017, it offers a cost-effective lifestyle without sacrificing convenience. The neighborhood's high rate of homeownership and generally quick market turnover reflect its enduring appeal as a solid place to put down roots.
East Lake Market Data
| Metric | Value |
|---|---|
| Median Home Price | $168K |
| Median Gross Rent | $1K/mo |
| Median Household Income | $60K |
| Homeownership Rate | 73.2% |
| Renter-Occupied | 26.8% |
| Rental Vacancy Rate | 7.3% |
| Market Type | Buyer's |
| Market Tier | Affordable |
| Primary ZIP Code | 46514 |
| Mortgage Originations (2022 HMDA) | |
| Total Mortgage Originations | 200,703 |
| VA Loan Originations | 9,853 |
| VA Loan Share | 0.1% |
| Average VA Loan Amount | $255K |
| Conventional Loan Originations | 166,323 |
| FHA Loan Originations | 24,527 |
Top Real Estate Agents in East Lake, Elkhart
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for East Lake, Elkhart, IN. Explore the available cited neighborhood data on this page.
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Data Provenance
- State Licensing: Indiana Real Estate Commission (IREC) — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Mortgage Data: FFIEC Home Mortgage Disclosure Act (HMDA) Data, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-15