Revolutionizing · Modernizing · SimplifyingRevolutionizing · Modernizing · Simplifying30 homes for sale, median asking price $503,950 - Drake is a buyer's market today. Calculated live, right now.
Over 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.
There are 30 homes for sale and 29 sold in the last twelve complete months, which is 12.4 months of supply. Homes that sold went for a median of 96% of their asking price after a median 86 days on the market.
Asking prices in Drake currently run from $305,000 to $3,250,000, on a median home of about 1,495 square feet with 2 bedrooms.
| Month | Homes sold | Median sold price | |
|---|---|---|---|
| Sep 2025 | 5 | $380,000 | |
| Oct 2025 | 3 | $500,000 | |
| Dec 2025 | 5 | $502,500 | |
| Feb 2026 | 2 | $287,500 | |
| May 2026 | 1 | $265,000 | |
| Jun 2026 | 3 | $270,000 | |
| Jul 2026 | 8 | $605,000 | |
| Aug 2026 | 2 | $492,500 |
| Price | For sale | Share | |
|---|---|---|---|
| $300k to $500k | 15 | 50% | |
| $500k to $750k | 10 | 33% | |
| $750k to $1M | 1 | 3% | |
| $1M to $1.5M | 1 | 3% | |
| $1.5M and up | 3 | 10% |
| Bedrooms | For sale | Median asking price |
|---|---|---|
| 1 bedroom | 4 | $400,000 |
| 2 bedrooms | 12 | $428,400 |
| 3 bedrooms | 11 | $650,000 |
| 4 bedrooms | 1 | $775,000 |
| 5 or more | 2 | $3,250,000 |
Each of these has its own guide with the same live numbers, plus what the area is actually like to live in.
Each of these is its own page, with the live figures for that search rather than just a list.
Drake sits in Larimer County. See the whole Larimer County report, or compare one of its other markets:
Or read the two markets side by side on one page:
There are 30 residential homes for sale in Drake right now, 7 of which came on the market in the last 30 days. Asking prices run from $305,000 to $3,250,000.
The median asking price is $503,950, about $378 per square foot. Homes that actually closed in the last twelve complete months sold for a median of $385,000 - roughly $349 per square foot.
Drake is a buyer's market: 12.4 months of supply, worked out from 30 homes for sale against 29 sales over the last twelve complete months. Over 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.
Homes on the market today have been listed a median of 92 days, and the ones that sold in the last twelve complete months took a median of 86 days from listing to closing. They sold for a median of 96% of their asking price.
29 homes closed in Drake over the last twelve complete calendar months, 12 of them in the last 90 days and 1 in the last 30. The month-by-month table on this page shows how that was spread across the year.
They are computed the moment you open this page, straight from the live MLS feed - not published once a month and left to go stale. Residential listings only; rentals, land, commercial and fractional co-ownership shares are excluded so they cannot distort the medians.
Every number on this page is recalculated from the live MLS feed at the moment the page loads - it is not a monthly snapshot. Homes for sale, prices and days on market are residential listings only; 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.