Summit Lakes, Westfield, IN
Summit Lakes — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Summit Lakes, Westfield, Indiana. Explore the cited sources and local facts below while agent underwriting continues.
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Summit Lakes Neighborhood Overview
Summit Lakes is a well-established residential neighborhood in Westfield, Indiana, offering a blend of suburban tranquility and community-focused living. Centered around its namesake lakes, the area provides scenic views and a peaceful atmosphere for its residents. Its location in the 46074 ZIP code places it within a highly desirable part of Hamilton County.
Lifestyle & Amenities
The neighborhood is defined by its private lakes, which serve as a central hub for fishing, kayaking, and community gatherings. Residents enjoy access to a clubhouse, swimming pool, and walking trails that weave through the community. Its location offers convenient proximity to Grand Park Sports Campus and the shops and restaurants in downtown Westfield.
Real Estate Market
The real estate market in Summit Lakes features primarily single-family homes, with a high homeownership rate of 83%. The median home value is $373,300, and properties typically sell after an average of 42 days on the market. For those looking to rent, the median monthly rent in the area is $1,433.
Schools & Education
Summit Lakes is served by the highly regarded Westfield Washington Schools district, known for its strong academic programs. Families in the community have access to quality public education from elementary through high school levels. The area's high median household income of $121,250 reflects a community that values and supports educational excellence.
Transportation & Connectivity
The neighborhood provides easy access to major routes like State Road 32 and US-31, facilitating commutes to Indianapolis and other parts of Hamilton County. Its location offers a balance of suburban seclusion with connectivity to urban amenities. Residents find the area convenient for both daily travel and regional access.
Why Choose Summit Lakes
Summit Lakes appeals to those seeking an active, community-oriented lifestyle centered around water and recreation. The combination of stable property values, top-tier schools, and a high standard of living makes it a compelling choice. It represents a classic, amenity-rich suburban neighborhood within one of Indiana's fastest-growing cities.
Summit Lakes Market Data
| Metric | Value |
|---|---|
| Median Home Price | $373K |
| Median Gross Rent | $1K/mo |
| Median Household Income | $121K |
| Homeownership Rate | 82.5% |
| Renter-Occupied | 17.4% |
| Rental Vacancy Rate | 8.4% |
| Market Type | Buyer's |
| Market Tier | Upper-Mid |
| Primary ZIP Code | 46074 |
| 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 Summit Lakes, Westfield
Local agent underwriting is in progress
Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Summit Lakes, Westfield, IN. Explore the available cited neighborhood data on this page.
Agent selection follows our published merit criteria. Do not infer or fabricate agent names.
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 2026-10-12