Why Live in Speedway
Speedway, a suburban enclave surrounded by Indianapolis, is renowned for its deep ties to racing, particularly the Indianapolis 500. This annual event draws 300,000 fans and transforms the town, with residents often turning their yards into parking lots for racegoers. The town's Main Street is a hub of activity, featuring dining spots like Charlie Brown’s Pancake and Steak House, Dawson’s on Main, and A.J. Foyt Wine Vault, alongside antique shops and an indoor go-karting track. Speedway Super Center caters to broader shopping needs with stores like Kroger and Kohl's. The School Town of Speedway is highly rated, with Speedway High School recognized for its quality education. Housing in Speedway includes bungalows, ranches, and split-level homes from the 1920s-60s, often passed down through generations. Meadowood Park and Leonard Park provide 25 acres of recreational space, including playgrounds, sports courts, and walking trails. Brickyard Crossing Golf Course offers a unique experience with four holes inside the Indianapolis Motor Speedway. The town is pedestrian and bike-friendly, with a walk score of 61 and a bike score of 69, set to improve with the extension of the B&O Rail Trail. Safety in Speedway is comparable to the national average, and the Indianapolis International Airport is just 10 miles away.
Home Trends in Speedway, IN
On average, homes in Speedway, IN sell after 22 days on the market compared to the national average of 50 days. The median sale price for homes in Speedway, IN over the last 12 months is $249,900, consistent with the median home sale price over the previous 12 months.
Median Sale Price
$249,900
Median Single Family Sale Price
$252,000
Median Townhouse Sale Price
$140,000
Average Price Per Sq Ft
$165
Number of Homes for Sale
5
Last 12 months Home Sales
51
Median List Price
$253,950
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
0%