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Bedrooms
Bathrooms
Listings
Market Stats
Information

Drake Homes for Sale

Home
Drake

Drake homes for sale, updated daily from the MLS: 28 houses for sale in Drake, Colorado from $280K to $3.25M, median about $487K. The price bands, ZIP codes and monthly payment on the median home follow the listings. Call or text 303-955-4220. A live person answers.

36 Properties Found
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Drake Homes for Sale Market Stats

36
Homes Listed
122
Avg. Days on Site
$437
Avg. $ / Sq.Ft.
$671,658
Med. List Price

Drake homes for sale: the market in numbers

Drake, Colorado has 28 homes for sale right now. The spread is wide, $280K to $3.25M, so the median ($487K) matters more than the average; the price-band chart shows where the inventory sits, the bedroom chart shows what each count costs, and the ZIP table shows which part of Drake carries the listings.

Property types

28 houses, 0 condos and townhomes

Drake is a single-family market; condos and townhomes are 0 of the 28 listings. 11 lots and land parcels are listed separately.

The median home

$487K · 1,454 sq ft

$370 per square foot at the median. Compare two Drake homes on the per-foot number and the condition before the list price.

HOA

100% have no HOA

The 0 that do carry one run a median $0 a month, mostly townhomes and newer subdivisions.

New construction

Builders near Drake

New construction homes for sale in Colorado and every builder's incentive.

Drake homes for sale by price5Under $350K4$350K to $425K4$425K to $475K7$475K to $650K4$650K to $775K4Over $775K
13 of the 28 Drake homes for sale are under $475K.
Drake homes for sale by bedrooms41 bed or studio122 beds103 beds14 beds15+ beds
2 beds is the most common Drake listing this week.
Everything listed in Drake by property typeResidential28Land11

What the median Drake home costs per month

Median Drake home, $487K, 5% down, 7% note rate: about $3,640 a monthPrincipal and interest$3,077Property tax (about 0.55%)$223Homeowners insurance$142Mortgage insurance (5% down)$193A seller-paid 2-1 buydown takes year one to 5%: $2,483 principal and interest, $594 a month less.
Taxes, insurance and mortgage insurance add about $558 a month to the note on the median Drake home. Can I afford a home now? runs your own numbers.

Questions people ask about Drake homes for sale

How many homes are for sale in Drake, Colorado right now?

28 houses this week, $280K to $3.25M, median about $487K, plus 11 lots and land listings. The grid at the top of this page is the live MLS list and refreshes daily.

Do Drake homes have HOA fees?

Most do not: 28 of 28 listings have no HOA. The 0 that do run a median $0 a month, mainly townhomes and newer subdivisions. More: HOA fees in Colorado, explained.

How is the Drake market for sellers right now?

28 competing listings, median $487K, $370 a foot. A home priced inside the band where the most listings sit ($475K to $650K) meets the most buyers. What is my Drake home worth? and why a Colorado house is not selling.

Can I buy a home in Drake with a low down payment?

Yes. Colorado down-payment assistance works at a 620 credit score, FHA takes 3.5 percent down, VA and USDA zero where the home and the buyer qualify, and a seller credit covers closing costs. On the median Drake home that is $17,042 down at 3.5 percent. Can I afford a home now?

What does a home in Drake cost per month?

About $3,640 a month on the median $487K home with 5 percent down at a 7 percent note rate: $3,077 principal and interest, $223 property tax, $142 insurance, $193 mortgage insurance. A seller-paid 2-1 buydown cuts year one by $594. More: Can I afford a home now?.

Are there condos or townhomes for sale in Drake?

Few: 0 of 28 listings this week. Drake is a single-family market; the nearby cities in the table above carry more attached homes. More: luxury Townhomes and Condos in Denver.

New Drake listings the day they hit

Text DRAKE and your price range to 303-955-4220. A live person answers, sets up the saved search and sends the disclosures on any home you want to see.

Call or text 303-955-4220 Search all Colorado homes

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