Drake, ND Housing Market & Real Estate

Seller's market-50.0% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Drake, ND is $62,500, down 50.0% year-over-year with 1 active listings. The market is currently a seller's market.

$62,500median sale price

Is Drake a buyer's or seller's market?

Seller's market1.0 months of supply

Drake, ND is currently a seller's market, based on 1.0 months of supply. How we determine this →

Homes sold

1

Last 12 weeks

Days on market

Average pace

Active listings

1

1.0 months supply

Sale-to-list

Below asking

Drake, ND market data

Current housing market statistics for Drake, ND
MetricValue
Median sale price$62,500
Median list price$94,900
Year-over-year price change-50.0%
Active inventory1 listings
Months of supply1.0 months
Market conditionSeller's market

Source: Redfin · Updated weekly

The Drake housing market is currently classified as a seller's market with a median sale price of $62,500. Prices have fallen 50.0% compared to last year, indicating 1.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Drake

There are currently 1 homes listed for sale in Drake, North Dakota. The median listing price is $95K.

Active listings

1

Homes on market

Median list price

$95K

New this week

1

Newly listed

Top public schools in Drake

1 schools tracked · 77 students

The largest public schools serving Drake, ND by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

DRAKE HIGH SCHOOL

Grades 7-12 · 77 students

Charter

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Explore nearby cities in ND

Frequently asked questions

What is the average home price in Drake?

The median home sale price in Drake is $62,500, down 50.0% from last year.

Is Drake a buyer's or seller's market?

With 1.0 months of supply, Drake is currently a seller's market.

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