Drake, ND
Seller's market-50.0% YoY
Housing market overview · Updated weekly
$62,500median sale price
Homes sold
1
Last 12 weeks
Days on market
—
Average pace
Active listings
1
1.0 months supply
Sale-to-list
—
Below asking
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
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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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