Speedway has quietly remained one of Indianapolis’s most consistent, value-driven neighborhoods — and in 2025, it’s still checking all the right boxes. Buyers love the proximity, sellers benefit from steady demand, and investors appreciate the stable returns.

It may be famous for race day, but Speedway’s appeal goes far beyond the track.

Here’s why Speedway continues to stand out in 2025 — and who it’s best for right now.

Why Speedway Still Works in 2025

Speedway sits just west of downtown Indianapolis, offering something rare: location + affordability + community identity.

What keeps buyers interested:

• 10–15 minute commute to downtown

• Easy access to I-465 and I-70

• Walkable town center

• Strong local pride

• More affordable pricing than many central neighborhoods

In a market where buyers are value-conscious, Speedway consistently punches above its weight.

Home Prices: Still One of Indy’s Best Value Plays

As of 2025:

• Speedway home prices remain below the Indy metro average

• Appreciation has been steady (not volatile)

• Renovated homes move quickly

• Entry-level price points are still attainable

Compared to trendier east-side neighborhoods, buyers often get:

• Larger lots

• Detached garages

• More square footage

• Lower price-per-square-foot

That value gap is a major reason Speedway continues to attract attention.

Buyer Demand: Who’s Buying in Speedway?

Speedway attracts a diverse buyer pool.

First-Time Buyers

• Lower entry prices

• Manageable commute

• Established neighborhoods

• Less competition than hot east-side areas

Young Professionals

• Easy downtown access

• Walkable dining options

• Lower housing costs = lifestyle flexibility

Speedway often shows up as a practical alternative for buyers priced out of more expensive central neighborhoods. It pairs well with this broader guide:
https://rootsrealty.co/blog/best-indianapolis-neighborhoods-young-professionals-2025

Downsizers + Long-Term Residents

• Quiet streets

• Strong sense of community

• Familiar amenities

Lifestyle & Amenities: More Than Just the Track

While the Indianapolis Motor Speedway gets the spotlight, daily life in Speedway is surprisingly low-key.

Local highlights include:

• Main Street restaurants and bars

• Coffee shops and casual dining

• Parks and walking paths

• Community events and festivals

• Easy access to shopping along Crawfordsville Road

Outside of race weekends, Speedway feels like a small town tucked into the city.

Commute & Accessibility: A Major Advantage

Speedway’s location is one of its strongest selling points.

Typical commute times:

• Downtown Indy: 10–15 minutes

• IUPUI / IU Health: ~10 minutes

• Airport: ~15 minutes

• West-side employment hubs: 5–10 minutes

For buyers who want proximity without downtown pricing, Speedway hits a sweet spot.

Investment Outlook: Stable, Not Speculative

Speedway isn’t a flashy appreciation play — and that’s exactly why many investors like it.

Why investors like Speedway

• Consistent rental demand

• Lower acquisition costs

• Solid rent-to-price ratios

• Lower volatility than emerging neighborhoods

Speedway works well for:

• Buy-and-hold investors

• First-time landlords

• Portfolio stabilizers

• Out-of-state investors seeking predictability

While appreciation may be slower than some east-side pockets, cash flow tends to be more reliable.

For a broader investor outlook heading into 2026, see:
https://rootsrealty.co/blog/year-end-portfolio-checkup-indy-real-estate-investors-2025

Sellers: Why Homes Are Still Moving

Speedway sellers benefit from:

• Consistent buyer demand

• Limited inventory

• Strong appeal to first-time buyers

• Buyers seeking affordability near downtown

Homes that are:

• Priced correctly

• Clean and well-maintained

• Lightly updated

…tend to sell efficiently, even in slower market cycles.

How Speedway Compares to Other West-Side Areas

Compared to other west-side neighborhoods:

• Speedway feels more cohesive and walkable

• Has a clearer identity

• Maintains stronger resale consistency

• Attracts a broader buyer mix

It’s not the cheapest west-side option — but it’s often the most balanced.

Who Speedway Is Best For (and Who It’s Not)

Speedway is a great fit if you:

• Want value near downtown

• Prioritize commute over trendiness

• Like established neighborhoods

• Want predictable investment performance

• Appreciate community feel

Speedway may not be ideal if you:

• Want luxury new construction

• Prefer nightlife-heavy neighborhoods

• Are chasing rapid appreciation

• Need top-tier school districts

Clarity on goals makes the decision easier.

FAQs: Living & Buying in Speedway

Is Speedway a good place to buy in 2025?

Yes — it remains one of Indy’s strongest value neighborhoods.

How competitive is the Speedway market?

Less competitive than hot east-side areas, but well-priced homes still move quickly.

Is Speedway good for rentals?

Yes — stable demand and affordable pricing support solid cash flow.

Does race traffic affect daily life?

Only during major race weekends. Most residents plan around it easily.

Will Speedway continue to appreciate?

Likely yes — steadily, not explosively.

Final Thoughts

Speedway doesn’t chase trends — it delivers consistency. In 2025, buyers still love the value, sellers benefit from steady demand, and investors appreciate the predictability. If you’re looking for proximity without premium pricing, Speedway remains one of Indy’s smartest neighborhood plays.

If you want help evaluating Speedway homes, pricing a sale, or analyzing investment opportunities, the Roots Realty Co. team is here to help.

Buyer Resources: https://rootsrealty.co/buy/buyer-resources
Seller Resources: https://rootsrealty.co/sell/seller-resources
Investor Resources: https://rootsrealty.co/invest