Mitch's Weekly Market Report

Speedway, IN 46224

Single-Family Homes

ToHelpUMove Inc.| Email: Mitch@ToHelpUmove.com | Phone: (317) 223-1673


Speedway, IN 46224

Tue Sep 16 2025
This week the median list price for Speedway, IN 46224 is $272,450 with the market action index hovering around 37. This is an increase over last month's market action index of 35. Inventory has increased to 10. Click here to stay informed with the Speedway market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Speedway, IN 46224

Tue Sep 16 2025
This week the median list price for Speedway, IN 46224 is $272,450 with the market action index hovering around 37. This is an increase over last month's market action index of 35. Inventory has increased to 10. Click here to stay informed with the Speedway market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Real-Time Market Profile

Never miss important changes in the Speedway market.
Median List Price $272,450
Median Price of New Listings $275,000
Per Square Foot $164
Average Days on Market 57
Median Days on Market 39
Price Decreased 40%
Price Increased 0%
Relisted 0%
Inventory 10
Median Rent
Market Action 37
Slight Seller's Advantage

Prices in this zip code have been on a downward trend recently and this week, while essentially flat, doesn't break us out of that cycle.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$284,370 1,827 8,000 - 10,000 sqft 3 2 72 1 1 35
$279,450 1,717 8,000 - 10,000 sqft 2 2.3 75 1 0 3
$255,000 1,080 6,500 - 8,000 sqft 2 2 90 0 1 105
$207,000 1,696 4,500 - 6,500 sqft 3 2 96 1 0 21