Mitch's Weekly Market Report

Speedway, IN 46224

Single-Family Homes

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


Current active inventory in Speedway, IN 46224 is very low. Keep this in mind when looking at this report.

Speedway, IN 46224

Thu Apr 24 2025
This week the median list price for Speedway, IN 46224 is $317,500 with the market action index hovering around 60. This is an increase over last month's market action index of 51. Inventory has increased to 2. 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.

Strong Seller's Market

Market Narrative

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Speedway, IN 46224

Thu Apr 24 2025
This week the median list price for Speedway, IN 46224 is $317,500 with the market action index hovering around 60. This is an increase over last month's market action index of 51. Inventory has increased to 2. 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.

Strong Seller's Market

Market Narrative

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Speedway market.
Median List Price $317,500
Median Price of New Listings $0
Per Square Foot $94
Average Days on Market 25
Median Days on Market 25
Price Decreased 50%
Price Increased 0%
Relisted 0%
Inventory 2
Median Rent
Market Action 60
Strong Seller's Market

Again this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, look for a persistent up-shift in the Market Action Index before we see prices move from these levels.

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
N/A N/A N/A N/A N/A N/A N/A N/A N/A
N/A N/A N/A N/A N/A N/A N/A N/A N/A
$325,000 3,870 0.25 - 0.5 acre 5 2 68 0 0 14
$310,000 2,933 0.25 - 0.5 acre 4 2.5 64 0 0 35