How much does it cost to buy a house in Drake, CO?

In May 2026 Drake homes were listed to buy for a median price of $506K, The median value of a home listed to buy in Drake in May 2026 was $346 per sqft, which is a 28% decrease to April 2025 last month, and a 27% decrease to May 2025 last year.

Is it affordable or expensive to live in Drake, CO?

It is expensive to live in Drake. Buying a home in Drake is 1% more expensive compared with the national average.

Is it a good time to buy property in Drake, CO?

Yes now is a good time to buy property in Drake, in May 2026, homes in Drake have decreased in value (price per sqft) by 27% in the last year compared with May 2025.

Is the Drake, CO housing market slowing down?

The housing market in Drake is slowing down. In May 2026, homes to buy in Drake spent an median 42 days on the market, a 14% decrease from May 2025 last year.

What are the best and safest places to live in Drake, CO?

The best and safest neighborhoods to live in Drake in May 2026 are Chautauqua, Mapleton Hill, Newlands, Wonderland Hills, Downtown Boulder, Fossil Lake, Southridge Greens, Old Town North, The Landings, Old Town, Downtown Fort Collins, Clarendon Hills, Huntington Hills, Warren Shores, Registry Ridge, Observatory Village, English Ranch, Ridgewood Hills, Harvest Park, Maple Hill

How much money should I make to buy a house in Drake, CO?

In May 2026, Drake homes were listed to buy for a median price of $506K, with 25% down you would need $2.66K/month to cover expenses and assume that's 35% of your total monthly income, your total yearly income would need to be $91.2K.

Is it a good time to sell my house in Drake, CO?

Yes now is a good time to sell your house in Drake, in May 2026, homes in Drake have decreased in value (price per sqft) by 27% in the last year compared with May 2025.