House Prices

House Prices & Home Values Drake, CO 2026


Average Data

average house price$521,588
average size per house2225 ft²
average price per ft²235 $ / ft²

04/05/2026 - The value range (VR) for house prices in Drake, CO is $202/ sqft to $202/ sqft. An average home with 2225 sqft costs approximately $449,450 to $449,450. Drake, CO includes 1 ZIP codes and it is located in Larimer county. The lowest prices are found in ZIP 80515, while the highest are in ZIP 80515. The average price per sqare feet is $235. Our analysis is based on 10 property listings.

Avergage prices by ZIP codes Drake

80515194 $ / ft²




Historical development of home values in Drake

Year Estimated value (USD) Change vs. 2025
2010 $242,235 -53.6%
2011 $232,868 -55.4%
2012 $232,241 -55.5%
2013 $240,921 -53.8%
2014 $252,901 -51.5%
2015 $265,881 -49.0%
2016 $279,756 -46.4%
2017 $294,856 -43.5%
2018 $311,157 -40.3%
2019 $325,585 -37.6%
2020 $342,416 -34.4%
2021 $389,461 -25.3%
2022 $454,024 -13.0%
2023 $478,790 -8.2%
2024 $506,488 -2.9%
2025 $521,588 0.0%

Graph: estimated home values in Drake over time (USD)



Example: 100% financing house in Drake

Loan amount: $521,588

Interest rate: 6.00%

Fixed monthly payment: $3,127.18

Breakdown in the 1st month:
Interest portion: $2,607.94  –  Principal portion: $519.24

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $31,121.04 $6,405.16 $515,182.84
2 $30,725.99 $6,800.22 $508,382.62
3 $30,306.56 $7,219.64 $501,162.98
4 $29,861.27 $7,664.93 $493,498.05
5 $29,388.51 $8,137.69 $485,360.36
6 $28,886.60 $8,639.60 $476,720.76
7 $28,353.73 $9,172.48 $467,548.28
8 $27,787.99 $9,738.21 $457,810.07
9 $27,187.36 $10,338.85 $447,471.22
10 $26,549.68 $10,976.52 $436,494.70
11 $25,872.67 $11,653.53 $424,841.17
12 $25,153.91 $12,372.29 $412,468.87
13 $24,390.81 $13,135.39 $399,333.48
14 $23,580.65 $13,945.55 $385,387.93
15 $22,720.52 $14,805.68 $370,582.25
16 $21,807.34 $15,718.87 $354,863.38
17 $20,837.83 $16,688.37 $338,175.01
18 $19,808.53 $17,717.67 $320,457.34
19 $18,715.74 $18,810.46 $301,646.87
20 $17,555.55 $19,970.65 $281,676.23
21 $16,323.81 $21,202.40 $260,473.83
22 $15,016.09 $22,510.11 $237,963.72
23 $13,627.72 $23,898.49 $214,065.23
24 $12,153.71 $25,372.49 $188,692.74
25 $10,588.79 $26,937.41 $161,755.32
26 $8,927.35 $28,598.85 $133,156.47
27 $7,163.43 $30,362.77 $102,793.70
28 $5,290.73 $32,235.48 $70,558.23
29 $3,302.51 $34,223.69 $36,334.53
30 $1,191.67 $36,334.53 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Drake, CO


1500 sqft3900 sqft
Ø selling price$426,526$907,336
Ø fast selling$387,751$816,602
Ø high price sale$465,301$998,069

In 2026, houses in Drake, CO will be offered at an average price of $235 per square foot. A 1,500 sqft home priced at $426,526 is 22.01% more expensive per square foot than a 3,900 sqft home priced at $907,336. Home prices in Drake, CO vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $628,155. Sellers who can wait longer may achieve a higher price of up to $767,746.


Explore Drake, CO

Location & Access

Drake, CO is a quiet unincorporated community tucked in Larimer County along the scenic Big Thompson Canyon. Set between Loveland and Estes Park on U.S. Highway 34, it offers a peaceful gateway to Colorado?s high country. Travelers value its small-town feel, easy access, and dramatic canyon views.


Outdoor Recreation

Outdoor enthusiasts come to Drake Colorado for blue-ribbon fishing, creekside cabins, and trailheads leading toward Rocky Mountain National Park. Nearby routes link to hiking in Hermit Park Open Space, horseback riding, and wildlife watching for elk, bighorn sheep, and raptors. Photographers love sunrise light on granite walls and the river?s classic Colorado riffles.


Community & History

Drake carries a resilient spirit shaped by canyon history, including the notable 1976 and 2013 flood events that led to restoration and improved infrastructure. Local businesses, seasonal markets, and roadside stops welcome visitors looking for snacks, fishing gear, and regional crafts.


Travel Tips

Plan your visit with current road conditions for Highway 34, check river flows, and consider shoulder-season stays for fewer crowds and better lodging deals. With the 80515 ZIP code and a basecamp location minutes from Estes Park, Drake, Colorado is a smart hub for a relaxed mountain getaway.



FAQ – Home Values in Drake

What is the median home value in Drake in 2026?

In 2026, the typical home value in Drake is about $521,588 for an average home size of 2225 square feet. This corresponds to an average price of roughly $235 per square foot.

What is the average cost per square foot in Drake?

In 2026, homes in Drake sell for an average of around $235 per square foot, with a typical range between $202 and $202 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Drake is about 2225 square feet, with an estimated 2026 value around $521,588.



Locations close to Drake, CO

Erie, CO228 $ / ft²
Estes Park, CO232 $ / ft²
Firestone, CO203 $ / ft²
Dacono, CO565 $ / ft²
Berthoud, CO242 $ / ft²
Bellvue, CO263 $ / ft²




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