Drake, CO Home Values & Market Trends

Real estate market trends reflect that there have been 35 transactions over the past year in Drake. The median value for residential home transactions that occurred over the previous year is $443,132.88. The number of current listings in Drake is 3, and the percentage of properties for sale in the city is 3.00%. Drake, CO currently has 1 properties in foreclosure, 0 bank owned properties, 1 properties headed for auction, and 3 properties for sale.

Drake, CO Real Estate Market Overview

ZipMedian Est. Value
80515

$ 849,000

$ 383/sqft

Housing Market Summary for Drake, CO

Mar 2023February 2024Change
Median Listing Price$488.4K$489.8K0.28%
Median Sold Price$444.1K$489.8K10.31%
Homes For Sale2350.00%
Homes Sold20215.00%
Price
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Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Drake, CO

Drake home values range from $30,106 to $5,400,000. The median estimated value of a home in Drake is $443,132.88. The median list price of a home is 849,000, and the total count of properties in the city is 600.

Foreclosure
There is 1 zips within Drake, CO; within this zips, the median estimated home value for homes in foreclosure ranges from $413,138 in 80515 to the lowest value of $413,138 in 80515. Foreclosure homes account for 0.00% of properties in Drake, CO with 80515 containing 1 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Drake, CO with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Drake, CO; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Drake, CO ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Drake, CO. There is 1 zips within Drake, CO; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    80515 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of Drake, CO. Auction homes and other auction properties account for 0.17% of all properties in Drake, CO. There is 1 zips within Drake, CO; of that zips, the median estimated home value for homes going to auction ranges from $413,138 in 80515 to the lowest value of $413,138 in 80515.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.50% of residential properties in Drake, CO with 80515 containing 3 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Drake, CO; homes for sale in that zips, have a range of median values from $1,200,000 in 80515 to the lowest value of $425,000 in 80515.
    Sold Homes
    The median value for recently sold homes ranges from $1,173,558 in 80515 to the lowest price of $231,850 in 80515. There is 1 zips within Drake, CO. 80515 has 22 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 3.67% of properties in Drake, CO.

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      Guide for Drake, CO

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      Recently Listed Homes Drake, CO

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