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Simonton Lake, IN

Full City Profile · Indiana · Elkhart County County

3.3 /5.0
B Good
4,113 Population 1,220/sq mi density
$74,233 Median Income $41,254 per capita
$230,600 Home Value $219,024 Zillow
$1,101 Median Rent 42.6% income on rent
50°F Avg Temperature 275 sunny days/yr
1,258 Violent Crime/100K 4,445 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.4 / 5.0
$74,233 median income, 1.6% unemployment
A+
Affordability
4.9 / 5.0
$230,600 home value, $1,101/mo rent
F
Safety
1.0 / 5.0
1,258 violent crimes/100K (231% above avg)
C+
Education
2.9 / 5.0
24.3% bachelor's degree or higher

Housing Overview

Median Home Value
$230,600
18% below
US avg: $281,900
Median Rent
$1,101/mo
5% below
US avg: $1,163/mo
Homeownership Rate
79.2%
21% above US avg (65.4%)
Total Housing Units
2,004
Median year built: 1985

Home Value by Source

Census Median
$230,600
Zillow (ZHVI)
$219,024
Median Sale Price
$292,000
Median List Price
$320,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

79.2%
Owner-Occupied
20.8%
Renter-Occupied
79%
21%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$816/mo
1 Bedroom
$882/mo
2 Bedroom
$1,096/mo
3 Bedroom
$1,391/mo
4 Bedroom
$1,590/mo
Census median rent: $1,101/mo

Market Indicators (Redfin)

Median Days on Market
65 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
5
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$118
Active Inventory
12
homes for sale

Affordability & Housing Stock

Rent Burden
42.6%
of renters spending 30%+ of income on housing
37% above US avg (31.0%)
Median Year Built
1985
Average age of housing stock: 41 years
Homeownership Rate
79.2%

Complete Housing Data

Home Values

Census Median Value$230,600
Zillow Home Value (ZHVI)$219,024
Median Sale Price$292,000
Median List Price$320,000
Price Per Sq Ft$118

Rent

Census Median Rent$1,101
FMR Studio$816
FMR 1-Bedroom$882
FMR 2-Bedroom$1,096
FMR 3-Bedroom$1,391
FMR 4-Bedroom$1,590

Market

Days on Market65
Sale-to-List Ratio1.0%
Price Drops0.0%
Homes Sold5
Active Inventory12
Price Per Sq Ft$118

Ownership & Stock

Owner-Occupied79.2%
Renter-Occupied20.8%
Homeownership Rate79.2%
Total Housing Units2,004
Median Year Built1985
Rent Burden42.6%