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Speedway Real Estate Market: Home Prices and Trends

Speedway home prices, days on market and price cuts for Jul to Sep 2026, by ZIP Code, and what they mean for your list price.

In the Speedway area (ZIP 46224), the median home went under contract in 13 days in September 2026, against 28 days for Marion County (Indiana REALTORS Housing Hub). The median home sold for $224,500 from July to September 2026, and the ZIP had 1.8 months of inventory in September 2026. What that means for a seller depends on their price range and their home's condition.

What we analyzed: Indiana REALTORS Housing Hub figures for ZIP Code 46224 and Marion County, July to September 2026, September 2026 and the three weeks ending with the week of Oct. 26, 2026, as published.

Speedway home prices and days on market

Jul to Sep 2026

Median sale price, 46224
$224,500
Jul to Sep 2026, 57 sales
Median days on market
13 days
46224, September 2026
Months of inventory
1.8
46224, September 2026
Listings with a price cut
46.5%
46224, three weeks to the week of Oct. 26, 2026

Source: Indiana REALTORS Housing Hub, ZIP Code figures as published. Median sale prices are the Housing Hub's three-month figures.

What do homes sell for in Speedway?

The median sale price in ZIP 46224 was $224,500 from July to September 2026, across 57 closed sales. The Marion County median for the same three months was $259,900.

As published by the Housing Hub, the ZIP was down 2% from a year earlier while the county was up 2%. Over the 12 months to September 2026 the ZIP's median was $224,000 on 220 sales, which is 20% more sales than the year before. Homes sold for 96.5% of asking price over the latest three months.

Map of Marion County, Indiana ZIP Codes shaded by median sale price (3-month average), Jul 2026–Sep 2026. Speedway: 46224: $224K. Other ZIPs: 46107: $193K; 46113: $295K; 46183: too few sales; 46201: $200K; 46202: $465K; 46203: $189K; 46204: $345K; 46205: $307K; 46208: $224K; 46214: $235K; 46216: too few sales; 46217: $270K; 46218: $135K; 46219: $193K; 46220: $366K; 46221: $226K; 46222: $137K; 46225: $208K; 46226: $162K; 46227: $244K; 46228: $280K; 46229: $240K; 46231: $248K; 46234: $300K; 46235: $225K; 46236: $365K; 46237: $274K; 46239: $315K; 46240: $402K; 46241: $171K; 46250: $350K; 46254: $222K; 46256: $359K; 46259: $398K; 46260: $323K; 46268: $275K; 46278: $505K.
Median sale price (3-month average) by ZIP Code, Jul 2026–Sep 2026. Speedway's ZIPs are outlined. Source: Indiana REALTORS Housing Hub.

How fast do Speedway homes go under contract?

Fast. The median home in ZIP 46224 went under contract in 13 days in September 2026, 28 days for Marion County as a whole. Days on market here means the time from listing to pending.

A single ZIP does not set the pace for the whole county. Other ZIP Codes in Marion County were at 15 days in 46241, 20 days in 46222 and 28 days in 46254. The Speedway figure comes from a small number of sales, 18 closed in September 2026, so one or two quick contracts move it.

Map of Marion County, Indiana ZIP Codes shaded by median days on market, September 2026. Speedway: 46224: 13 days. Other ZIPs: 46107: 31 days; 46113: 46 days; 46183: too few sales; 46201: 32 days; 46202: 62 days; 46203: 40 days; 46204: too few sales; 46205: 40 days; 46208: 46 days; 46214: 30 days; 46216: too few sales; 46217: 42 days; 46218: 27 days; 46219: 19 days; 46220: 14 days; 46221: 32 days; 46222: 20 days; 46225: 60 days; 46226: 48 days; 46227: 35 days; 46228: 5 days; 46229: 47 days; 46231: too few sales; 46234: 20 days; 46235: 30 days; 46236: 32 days; 46237: 25 days; 46239: 35 days; 46240: 43 days; 46241: 15 days; 46250: 34 days; 46254: 28 days; 46256: 20 days; 46259: 31 days; 46260: 14 days; 46268: 30 days; 46278: 28 days.
Median days on market by ZIP Code, September 2026. Speedway's ZIPs are outlined. Source: Indiana REALTORS Housing Hub.

How many homes are for sale in Speedway?

Few. ZIP 46224 had 33 homes for sale on average in September 2026, which is 1.8 months of inventory. Marion County had 3,461 homes and 3.5 months.

New listings were 25 in the month and new pending contracts were 18. With so few homes on the market, each listing is compared directly with the handful of others in the same price range.

Map of Marion County, Indiana ZIP Codes shaded by months of inventory, September 2026. Speedway: 46224: 1.8 mo. Other ZIPs: 46107: 2.1 mo; 46113: 3.2 mo; 46183: too few sales; 46201: 6.5 mo; 46202: 7.9 mo; 46203: 5.3 mo; 46204: 13.1 mo; 46205: 4.7 mo; 46206: too few sales; 46208: 4.9 mo; 46214: 2.2 mo; 46216: 2.2 mo; 46217: 2.8 mo; 46218: 5.2 mo; 46219: 3.4 mo; 46220: 2.0 mo; 46221: 2.7 mo; 46222: 3.7 mo; 46225: 7.0 mo; 46226: 3.5 mo; 46227: 3.1 mo; 46228: 2.7 mo; 46229: 3.5 mo; 46231: 2.5 mo; 46234: 2.9 mo; 46235: 3.7 mo; 46236: 1.8 mo; 46237: 2.9 mo; 46239: 3.3 mo; 46240: 2.3 mo; 46241: 2.8 mo; 46250: 3.0 mo; 46254: 2.6 mo; 46256: 2.3 mo; 46259: 4.1 mo; 46260: 2.3 mo; 46268: 2.9 mo; 46278: 3.6 mo.
Months of inventory by ZIP Code, September 2026. Speedway's ZIPs are outlined. Source: Indiana REALTORS Housing Hub.

Do Speedway listings cut their price less often than the rest of the county?

Somewhat less often. In the three weeks to the week of Oct. 26, 2026, 46.5% of listings in ZIP 46224 had a price decrease, compared with 60.5% across Marion County.

Homes that sold went for 98.9% of original list price over those three weeks, against 94.2% for the county. By our rule, a three-week average at or above 98 percent of original list price is a seller's market, 96 percent to under 98 percent is balanced, and under 96 percent is a buyer's market. At 98.9%, ZIP 46224 as a whole meets the seller's-market line. That is the call for the ZIP as a whole, and your own price range can differ.

Map of Marion County, Indiana ZIP Codes shaded by share of listings with a price decrease, Week of Oct. 26, 2026. Speedway: 46224: 46.5%. Other ZIPs: 46107: 51.6%; 46113: 63.0%; 46183: too few listings; 46201: 65.2%; 46202: 60.3%; 46203: 67.1%; 46204: 70.4%; 46205: 65.1%; 46208: 68.5%; 46214: 50.4%; 46216: too few listings; 46217: 63.6%; 46218: 58.0%; 46219: 56.0%; 46220: 61.7%; 46221: 53.2%; 46222: 60.6%; 46225: 67.4%; 46226: 60.7%; 46227: 62.2%; 46228: 52.8%; 46229: 62.8%; 46231: 46.7%; 46234: 69.0%; 46235: 50.9%; 46236: 51.1%; 46237: 61.7%; 46239: 62.1%; 46240: 53.3%; 46241: 47.8%; 46250: 60.5%; 46254: 59.8%; 46256: 60.2%; 46259: 64.2%; 46260: 59.1%; 46268: 47.2%; 46278: 62.0%.
Share of listings with a price decrease by ZIP Code, Week of Oct. 26, 2026. Speedway's ZIPs are outlined. Source: Indiana REALTORS Housing Hub.

What we say about Speedway prices, and what we leave out

Our view at Mark Dietel Realty: We report what happened and what it means for your price range. We do not predict prices. Anyone who tells you exactly where prices will be next spring is guessing.

Your options for selling a Speedway home

There is more than one way to sell a Speedway home. We will lay them side by side with your numbers so you can choose.

List on the market

Usually the highest price, if you have time to prepare and show the home.

  • A local agent walks through your home
  • Recent sales at your price, side by side
  • A pricing and preparation plan for your first weeks on the market

Guaranteed sale

For sellers who need to know the home will sell before they make their next move. Conditions apply.

  • We agree on the price up front
  • Plan your move around a known outcome

Cash offer

Speed and certainty. Sell as-is, on your timeline.

  • No repairs or showings
  • See how a cash price compares with listing

A cash offer trades price for speed and certainty. If your home is in good shape and you have time, a cash offer usually means taking less. It can make sense when repairs, timing or certainty matter more than price.

Who this may not be right for

You may not need a listing agent if you already have a buyer, you are comfortable pricing from public sold data, and you are ready to handle disclosures, showings, negotiation and closing paperwork yourself, or with a real estate attorney. Many people sell that way. If that is you, we will tell you so.

We are a team: you work with a listing agent backed by inside sales, coordinators and a transaction coordinator. Some sellers want one person for every call, start to finish. If that matters more to you than a team system, a solo agent may fit you better.

Questions Speedway sellers ask us

How long does it take to sell a house in Speedway?

In September 2026 the median home in ZIP 46224 went under contract in 13 days, and 28 days for Marion County (Indiana REALTORS Housing Hub). Closing usually follows the contract by several weeks, depending on the buyer's financing.

Should I wait to sell my Speedway home?

ZIP 46224 had 1.8 months of inventory in September 2026, and the county had 3.5. Waiting changes the number of homes you compete with, and no one can know that in advance. We report what happened and what it means for your price range. We do not predict prices. Anyone who tells you exactly where prices will be next spring is guessing.

What is the median sale price in Speedway?

From July to September 2026 the median sale price in ZIP 46224 was $224,500, and the Marion County median was $259,900 (Indiana REALTORS Housing Hub, three-month figures).

Do I need to cut my price to sell in Speedway?

Not always. In the three weeks to the week of Oct. 26, 2026, 46.5% of listings in ZIP 46224 had a price decrease, compared with 60.5% across Marion County (Indiana REALTORS Housing Hub). Matching recent sales at your price on day one is what keeps a listing out of that group.

More for Speedway sellers

Sources: Indiana REALTORS Housing Hub (data.indianarealtors.com), ZIP Code 46224 and Marion County figures as published: median sale price and closed sales Jul to Sep 2026; median days on market, months of inventory, inventory, new listings and new pending contracts September 2026; price decreases and sale price as a share of original list price, three-week average to the week of Oct. 26, 2026. Year-ago changes as published by the Housing Hub. ZIP areas and township boundaries: U.S. Census Bureau. Maps: OpenStreetMap contributors.

This page is general information about the Speedway market, not an appraisal or a valuation of any specific home.

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