Housing in Drake, ND
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — October 2025Median Sale Price
$62,500
Median List Price
$94,900
Price Per Sq Ft
$46
Days on Market
N/A
Active Inventory
1
Months of Supply
1.0
Seller's market
Zillow Home Value
$79,093
ZHVI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
0.0%
Market Activity
Source: RedfinHomes Sold
1
New Listings
1
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$46
Median List $/SF
$50
Drake vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Drake is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$76,700
Median Rent
$713
Total Housing Units
196
Vacancy Rate
36.2%
Owner Occupied
83.2%
Renter Occupied
16.8%
Median Property Tax
$398
per year
Monthly Cost (w/ Mortgage)
$397
Housing Types
The current median sale price in Drake, ND is $62,500 according to Redfin data. 0.0% of homes sold above asking price. The market has 1.0 months of supply. The median price per square foot is $46. The median rent is $713 per month (Census ACS). About 83.2% of housing units are owner-occupied. The median year homes were built is 1948. There are 196 total housing units.