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Speedway, IN Real Estate


According to census data in the year 2000 there were 6,602 housing units in Speedway. This represents a 1.9% decline from 6,728 in 1990.

Of those housing units, 6,602 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Speedway is about 46.6%. Speedway's vacancy rate, including seasonal lodging, is about 5.3%. Average household size is 2.04 people.

The majority of houses, apartments or condos in Speedway were built after 1962.

Statistics

Housing Size

Housing Units by Size
Studio Type1.90%
One Bedroom19.70%
Two Bedrooms42.60%
Three Bedrooms27.30%
Four Bedrooms7.80%
Five Bedrooms or more0.70%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.32
Median year structure was built1953
Median Value of occupied units$98,700
Median Price asked for vacant units$56,200

Rented Homes, Apartments and Condos

Average Household Size1.79
Median year structure was built1971
Median Monthly Rent asked for vacant units$482

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.50%
Second Mortgage6.90%
Home Equity Loan11.60%
Simple Mortgage46.70%
Debt Free34.20%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs15.9%