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Foreclosure Homes in Speedway, IN

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Speedway, IN Foreclosures

Current Market Conditions in in Speedway, IN As of April 2026?
Over the past month, the real estate market in Speedway has seen a modest uptick in activity, with a slight increase in home listings and sales. This trend suggests a growing confidence among buyers, possibly due to seasonal factors as families look for new homes before the school year begins. Average days on market have also shortened, indicating that properties are selling faster than they did previously.
How much do homes sell for in Speedway, IN?
The average home price is currently $242,338.
In Speedway, IN, how many homes are available?
There are currently 1 active home listings available in Speedway.
What’s the average rental cost in Speedway, IN?
The average rental price in Speedway is $1,149.
What is the most expensive home in Speedway?
The most expensive home sold in Speedway had a price of $931,400.
What is currently the cheapest priced home in Speedway, IN?
The cheapest home for sale in Speedway is priced at $55,000.

Living in Speedway, IN

Speedway, Indiana is a lively town that combines rich racing history with family-friendly amenities. Home to the iconic Indianapolis Motor Speedway, this community offers a variety of recreational activities and convenient access to urban facilities in nearby Indianapolis. The blend of residential neighborhoods and commercial spaces makes it a great place to live and work.

Buyer vs Seller Market in Speedway, IN

The real estate market in Speedway is currently experiencing balanced conditions, with steady demand for residential properties due to its proximity to Indianapolis and attractions like the Indianapolis Motor Speedway. Buyers are drawn to the town's unique charm and the variety of housing options available.

As property values in nearby Indianapolis continue to rise, Speedway's real estate market is also expected to see gradual appreciation. Investors are particularly interested in the area as it offers opportunities for rentals and flips given the growing population and increasing interest in the community.

Home Value Estimator For Speedway, IN

There are currently 2,863 real estate properties in Speedway, IN, with a median automated valuation model (AVM) price of $241,922.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Speedway, IN, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Speedway, IN, is $242,338.00, with the most expensive house in Speedway, IN, topping out at $931,400.00 and the cheapest home in Speedway, IN, clocking in at $55,000.00. In other words, there’s something for every potential homebuyer or savvy investor in Speedway, IN!

Rent Prices In Speedway, IN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Speedway, IN, is on a rollercoaster ride. The average rent price in Speedway, IN, is $1,149.00. Indeed, when looking to rent in Speedway, IN, you can expect to pay as little as $520.00 or as much as $2,020.00, with the average rent median estimated to be $1,150.00. The good news is that finding an affordable and desirable property to rent in Speedway, IN -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Speedway, IN Foreclosures

Market Trend for Speedway, IN

Total Listings Available: 1

Market Values:

Home Prices from $55,000 to $931,400

Average Sales Price: $242,338

Rental Values:

Rental from $520 to $2,020

Average Rent Value: $1,149 / month

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