Photo: Public domain · Public domain108 homes sold in Speedway in the last year, at a typical $264K
Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Speedway homes are listed.
Every place Speedway homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Speedway.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 96% of Speedway’s sales, at a typical $261K
108 homes sold in the year to May 2026.
typical sale · 104 sold in 12 months
- Per square foot
- $128IN $148
- Days to sell
- 28
- Sold over asking
- 19%
- Listings with a price cut
- 40%
Multi-family (2–4 units): 4 sold, typical $353K
Too few sales in 12 months for reliable figures.
Fewer homes sell than a decade ago, at 2.3 times the 2016 price
108 sales in the last year, against 167 in 2017 and a low of 95 in 2025. The typical sale went from $113K in 2016 to $264K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $250K buys in Speedway
Check a listing against what Speedway homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Speedway are back to pre-pandemic levels, with about as many homes for sale
We read every month of Speedway’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 108 sales.
If you’re buying in Speedway
- Shop in April. It brings about 12 new listings a month, close to the busiest month, with fewer bidding wars (17% over asking).
- You can negotiate. 40% of listings have cut their price, against 35% before the pandemic.
- Offer under asking. Buyers paid 97.6% of the list price on average; 20% paid over.
- Move fast on good ones. Half of homes are under contract within two weeks.
Spring brings both the most homes and the most bidding wars
May has the most new listings (about 15 a month), and the most competition: 40% close over asking. April offers nearly as much choice with fewer homes bid up (17%). January has the least competition (10%) but only about 7 new listings.
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and about like Indiana as a whole
| Speedway now | 2017–19 | 2021 peak | IN now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 20% | 23% | 36% | 19% |
| Gone within two weeksShare of homes under contract within 14 days | 46% | 53% | 68% | 37% |
| Listings with a price cutShare of homes for sale that cut their price | 40% | 35% | 41% | 33% |
| Price paid vs. askingAverage sale price ÷ list price | 97.6% | 98.1% | 99.8% | 97.7% |
| Days to sellMedian days from listing to contract | 27 | 24 | 8 | 35 |
15 homes for sale on a typical day
That’s 2.4 times the 2020 low (6), about the 2017–19 level and well under 2014’s 63.
1 in 3 listings has cut its price
40% in the last year, against 35% in 2017–19 and 33% across Indiana.
Speedway ranks 55th of 132 busy Indiana markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Speedway is in the middle of the pack.
Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Speedway home costs about $1,565 a month
Price: Speedway’s typical sale, last 12 months. Property tax at Speedway’s 0.9% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Speedway is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in May
The month with the most choice. January has the fewest, about 7.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $264K home, about $2,240 a year.
Taxes vs. neighborsSchools
The schools grade for Speedway, from test results, graduation and how much students grow.
Schools in SpeedwayTypical commute
The average one-way trip to work for people who live in Speedway.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
No busy market nearby sells for less a square foot; Brownsburg and Meridian Hills for far more
The busier markets within 25 miles of Speedway, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Indianapolis | 11,256 | $247K | $140 | 18% | 30 |
| Brownsburg | 483 | $335K | $167 | 18% | 28 |
| Avon | 465 | $373K | $155 | 10% | 44 |
| Decatur Township | 116 | $184K | $132 | 22% | 27 |
| Speedway | 108 | $264K | $127 | 20% | 27 |
| Meridian Hills | 33 | $1M | $258 | 9% | 37 |
| Clermont | 23 | $259K | $143 | 26% | 22 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Speedway, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Speedway. People who follow the town see it, and so do people comparing Speedway with their own town. No commission, no listing fee.
Questions about buying a home in Speedway
What do homes sell for in Speedway, IN?
108 homes sold in the year to May 2026 at a typical $264K, $127 a square foot.
Is Speedway a buyer’s or seller’s market?
A seller’s market: 11 homes were for sale in May 2026 and 14 sold, about 0.8 months of supply. Buyers paid 97.6% of asking on average, and 40% of listings cut their price.
When is the best time to buy in Speedway?
May brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Speedway?
About 0.9% of a home’s value a year. On a $264K home that’s near $2,240.
Where can I see homes for sale in Speedway?
Zillow, Redfin, Realtor.com and Homes.com all carry Speedway’s MLS listings; the search links above open each one filtered to Speedway.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).