Mitch's Weekly Market Report
Speedway, IN
Single-Family Homes
ToHelpUMove Inc.| Email: Mitch@ToHelpUmove.com | Phone: (317) 223-1673
Speedway, IN
Wed Apr 08 2026
This week the median list price for Speedway, IN is $240,500 with the market action index hovering around 39. This is an increase over last month's market action index of 34. Inventory has decreased to 8.
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 consistently cool for several weeks. Demand level are low relative to the available inventory. It’s a Buyer’s market and prices have begun moving lower. Look for a persistent shift in Market Action before prices plateau or begin to rise again.
Real-Time Market Profile
| Median List Price | $240,500 | |
| Median Price of New Listings | $245,000 | |
| Per Square Foot | $193 | |
| Average Days on Market | 90 | |
| Median Days on Market | 67 | |
| Price Decreased | 75% | |
| Price Increased | 0% | |
| Relisted | 13% | |
| Inventory | 8 | |
| Median Rent | ||
| Market Action | 39 | |
| Slight Seller's Advantage | ||
This week prices bumped up a bit but the trend of the last few weeks is generally downward. The Market Action Index is a good leading indicator for the durability of this shift.
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 |
|---|---|---|---|---|---|---|---|---|
| $502,500 | 3,345 | 0.5 - 1 acre | 5 | 4.3 | 82 | 0 | 0 | 91 |
| $247,450 | 1,596 | 6,500 - 8,000 sqft | 2 | 1 | 71 | 1 | 0 | 49 |
| $235,000 | 1,466 | 4,500 - 6,500 sqft | 2 | 1 | 68 | 0 | 0 | 52 |
| $209,450 | 876 | 6,500 - 8,000 sqft | 2 | 1 | 95 | 0 | 0 | 168 |