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Single-family Foreclosures in Speedway, IN

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Speedway, IN Foreclosures

How much do homes sell for in Speedway, IN?
The average home price is currently $240,864.
In Speedway, IN, how many homes are available?
There are currently 17 active home listings available in Speedway.
What’s the average rental cost in Speedway, IN?
The average rental price in Speedway is $1,151.
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 community known for its proximity to Indianapolis and the annual Indianapolis 500 car race. The town features a mix of residential areas, local businesses, and recreational parks, providing a suburban charm while maintaining easy access to urban amenities. Its vibrant local culture and community events make it a desirable place to live.

Current Market Conditions in Speedway, IN

The real estate market in Speedway has shown a steady increase in property values due to its appealing location near Indianapolis and the growth of local amenities. Homes in the area have been selling at competitive prices, with demand outpacing supply in certain segments.

Recent trends indicate a rise in new construction and renovation projects, which contribute to the area's appeal and growth. The community's investment in local infrastructure and amenities enhances its attractiveness for potential homeowners.

Home Value Estimator For Speedway, IN

There are currently 2,846 real estate properties in Speedway, IN, with a median automated valuation model (AVM) price of $240,789.00. 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 $240,864.00, 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 $1,151.00. 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 Single-family Homes


Market Trend for Speedway, IN

Total Listings Available: 17

Market Values:

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

Average Sales Price: $240,864

Rental Values:

Rental from $520 to $2,020

Average Rent Value: $1,151 / month

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