Drake, ND Housing Market & Real Estate
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?
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
| Metric | Value |
|---|---|
| Median sale price | $62,500 |
| Median list price | $94,900 |
| Year-over-year price change | -50.0% |
| Active inventory | 1 listings |
| Months of supply | 1.0 months |
| Market condition | Seller'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
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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