Why Live in Eastlake
Eastlake, located in northeastern Wilmington, is a neighborhood known for its significant parkland and green spaces. The area features a mix of one- and two-story brick row homes, primarily built in the mid-1900s, with newer homes constructed since 2005. Eastlake is recognized for its close-knit community, attracting both long-time residents and newcomers who often open local businesses. The neighborhood has undergone substantial changes since its origins as a WWII housing project, with a mix of subsidized rentals and privately owned homes replacing older public housing. Crime rates are comparable to the national average. Schools in the Brandywine School District, including Carrcroft Elementary, Hanby Elementary, Springer Middle School, and Concord High School, are highly rated. Brown-Burton Winchester Park, a 55-acre green space, offers baseball fields, basketball courts, playgrounds, and the Joseph R. Biden Jr. Aquatic Center. Local dining options on N. Market Street include Pete’s Pizza and Gyro Everyday, while Northeast Boulevard hosts stores like Dollar Tree and Family Dollar. Merchant’s Square, just over a mile away, provides additional retail options. Eastlake is less than 2 miles from downtown Wilmington and about an hour from Center City, Philadelphia, with convenient access to Interstate 495 and public transportation via DART.
Frequently Asked Questions
Is Eastlake a good place to live?
Eastlake is a good place to live. Eastlake is considered somewhat walkable and bikeable with some transit options. Eastlake has 7 parks for recreational activities. It is very dense in population with 16.9 people per acre and a median age of 39. The average household income is $46,891 which is below the national average. College graduates make up 3.9% of residents. A majority of residents in Eastlake are renters, with 59.4% of residents renting and 40.6% of residents owning their home. A
local real estate agent serving Eastlake can help you decide if this neighborhood is the right one for you. Learn more on our
Eastlake neighborhood guide.
How much do you need to make to afford a house in Eastlake?
The median home price in Eastlake is $190,000. If you put a 20% down payment of $38,000 and had a 30-year fixed mortgage with an interest rate of 6.56%, your estimated principal and interest payment would be $970 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $42K a year to afford the median home price in Eastlake. The average household income in Eastlake is $47K.
What are the best public schools in Eastlake?
The best public schools that serve Eastlake are:
- Concord High School has an A- Niche grade, a student teacher ratio of 14:1 and an average review score of 3.8.
- Mount Pleasant High School has a B+ Niche grade, a student teacher ratio of 15:1 and an average review score of 3.6.
- Brandywine High School has a B+ Niche grade, a student teacher ratio of 14:1 and an average review score of 3.5.
What are the best private schools in Eastlake?
The best private schools that serve Eastlake are:
What are the most popular zip codes in Eastlake, Wilmington, DE?
What are the most popular neighborhoods near Eastlake, Wilmington, DE?
Are home prices dropping in Eastlake?
Yes, home prices in Eastlake are down 4% in the last 12 months.
Home Trends in Eastlake, DE
On average, homes in Eastlake, Wilmington sell after 15 days on the market compared to the national average of 52 days. The median sale price for homes in Eastlake, Wilmington over the last 12 months is $179,900, down 16% from the median home sale price over the previous 12 months.
Median Sale Price
$179,900
Median Single Family Sale Price
$179,900
Average Price Per Sq Ft
$145
Number of Homes for Sale
4
Last 12 months Home Sales
21
Median List Price
$190,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-16%