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Town comparisons › Drake vs Estes Park

Drake vs Estes Park

Drake and Estes Park are both in Larimer County. There are 30 homes for sale in Drake and 166 in Estes Park as this page loaded. Estes Park is the more expensive of the two: a median asking price of $697,000 against $503,950 in Drake, about 38% higher. Homes are moving faster in Estes Park — a median of 78 days on market against 92 in Drake. On months of supply both are a buyer's market right now.

Side by side

MeasureDrakeEstes Park
Homes for sale30166
New in last 30 days733
Median asking price$503,950$697,000
Median price per sq ft$378$403
Median size (sq ft)1,4951,760
Median bedrooms23
Median days on market9278
Months of supply12.46.6
Sold, last 12 months29300
Median sold price$385,000$675,000
Median days to sell8671
Sold vs asking price96.0%98.0%

The darker figure in each row is the lower price, the shorter wait or the larger number — which of those is the good news depends entirely on whether you are buying or selling.

What each market is doing

Drake is a buyer's marketOver six months of supply means there are more homes for sale than the current pace of sales absorbs. Buyers have choice and time, and sellers usually have to compete on price or condition.
Estes Park is a buyer's marketOver six months of supply means there are more homes for sale than the current pace of sales absorbs. Buyers have choice and time, and sellers usually have to compete on price or condition.

Drake

30
Homes for sale
$503,950
Median asking price
$378
Median per sq ft
92
Median days on market

Estes Park

166
Homes for sale
$697,000
Median asking price
$403
Median per sq ft
78
Median days on market

Look at either town on its own

Questions people ask

Is Drake or Estes Park more expensive?

Estes Park is more expensive. The median asking price is $697,000 in Estes Park against $503,950 in Drake. By price per square foot, Drake runs $378 and Estes Park $403.

Which moves faster, Drake or Estes Park?

Homes for sale in Estes Park have been on the market a median of 78 days, against 92 days in Drake. Of the homes that actually closed in the last twelve months, Drake took a median of 86 days and Estes Park 71.

Is Drake or Estes Park the better market for a buyer?

Drake is a buyer's market and Estes Park is a buyer's market, measured on months of supply — 12.4 months in Drake and 6.6 in Estes Park. More months of supply means more choice and more room to negotiate, so on that measure Drake is the easier of the two to buy in today. That is the arithmetic, not advice — the right town is the one you want to live in.

How many homes are for sale in Drake and Estes Park?

There are 30 homes for sale in Drake and 166 in Estes Park as this page loaded, 7 and 33 of them new in the last 30 days.

How current are these figures?

They are not published on a schedule and they are not a monthly snapshot. Both towns are read from the live MLS feed at the same instant, when you open this page, so the two sides are always measured against each other rather than against different weeks.

Both sides of this comparison are recalculated from the live MLS feed at the moment the page loads - neither is a monthly snapshot, and the two are read at the same instant so they are always comparable. Figures cover residential homes for sale; rentals, land and commercial are excluded, as are fractional co-ownership shares, which are priced per share and would distort the medians. Sold figures cover the last twelve complete calendar months. Market data is deemed reliable but not guaranteed - talk to us before making a decision on it.