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Town comparisons › Drake vs Loveland

Drake vs Loveland

Drake and Loveland are both in Larimer County. There are 26 homes for sale in Drake and 497 in Loveland as this page loaded. Loveland is the more expensive of the two: a median asking price of $525,000 against $505,950 in Drake, about 4% higher. Homes are moving faster in Loveland — a median of 60 days on market against 122 in Drake. Drake is a buyer's market right now and Loveland is a balanced market.

Side by side

MeasureDrakeLoveland
Homes for sale26497
New in last 30 days5122
Median asking price$505,950$525,000
Median price per sq ft$390$285
Median size (sq ft)1,4951,982
Median bedrooms33
Median days on market12260
Months of supply13.03.7
Sold, last 12 months241,597
Median sold price$472,500$509,450
Median days to sell8863
Sold vs asking price96.0%100.0%

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.
Loveland is a balanced marketBetween three and six months of supply is the range where neither side has the upper hand - well-priced homes sell and buyers still have room to negotiate.

Drake

26
Homes for sale
$505,950
Median asking price
$390
Median per sq ft
122
Median days on market

Loveland

497
Homes for sale
$525,000
Median asking price
$285
Median per sq ft
60
Median days on market

Look at either town on its own

Questions people ask

Is Drake or Loveland more expensive?

Loveland is more expensive. The median asking price is $525,000 in Loveland against $505,950 in Drake. By price per square foot, Drake runs $390 and Loveland $285.

Which moves faster, Drake or Loveland?

Homes for sale in Loveland have been on the market a median of 60 days, against 122 days in Drake. Of the homes that actually closed in the last twelve months, Drake took a median of 88 days and Loveland 63.

Is Drake or Loveland the better market for a buyer?

Drake is a buyer's market and Loveland is a balanced market, measured on months of supply — 13.0 months in Drake and 3.7 in Loveland. 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 Loveland?

There are 26 homes for sale in Drake and 497 in Loveland as this page loaded, 5 and 122 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.

The listings these figures are drawn from were last changed at the MLS on October 27, 2026 at 10:11 AM Mountain time. The figures themselves are worked out again from scratch every time this page is opened.

Common questions, answered with live Colorado numbers