House Prices

House Prices & Home Values Drake, ND 2026


Average Data

average house price$4,790,000
average size per house2300 ft²
average price per ft²2083 $ / ft²

05/31/2026 - The value range (VR) for house prices in Drake, ND is $2083/ sqft to $2083/ sqft. An average home with 2300 sqft costs approximately $4,790,900 to $4,790,900. Drake, ND includes 1 ZIP codes and it is located in McHenry county. The lowest prices are found in ZIP 58736, while the highest are in ZIP 58736. The average price per sqare feet is $2083. Our analysis is based on 1 property listings.

Avergage prices by ZIP codes Drake

587361911 $ / ft²




Historical development of home values in Drake

Year Estimated value (USD) Change vs. 2025
2010 $2,224,563 -53.6%
2011 $2,138,539 -55.4%
2012 $2,132,781 -55.5%
2013 $2,212,499 -53.8%
2014 $2,322,514 -51.5%
2015 $2,441,713 -49.0%
2016 $2,569,139 -46.4%
2017 $2,707,806 -43.5%
2018 $2,857,508 -40.3%
2019 $2,990,006 -37.6%
2020 $3,144,575 -34.4%
2021 $3,576,615 -25.3%
2022 $4,169,530 -13.0%
2023 $4,396,962 -8.2%
2024 $4,651,333 -2.9%
2025 $4,790,000 0.0%

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



Example: 100% financing house in Drake

Loan amount: $4,790,000

Interest rate: 6.00%

Fixed monthly payment: $28,718.47

Breakdown in the 1st month:
Interest portion: $23,950.00  –  Principal portion: $4,768.47

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $285,799.88 $58,821.76 $4,731,178.24
2 $282,171.88 $62,449.76 $4,668,728.48
3 $278,320.12 $66,301.52 $4,602,426.96
4 $274,230.79 $70,390.86 $4,532,036.10
5 $269,889.23 $74,732.41 $4,457,303.69
6 $265,279.90 $79,341.74 $4,377,961.95
7 $260,386.28 $84,235.37 $4,293,726.58
8 $255,190.82 $89,430.82 $4,204,295.76
9 $249,674.93 $94,946.72 $4,109,349.05
10 $243,818.82 $100,802.82 $4,008,546.23
11 $237,601.52 $107,020.12 $3,901,526.11
12 $231,000.76 $113,620.89 $3,787,905.22
13 $223,992.87 $120,628.77 $3,667,276.44
14 $216,552.75 $128,068.89 $3,539,207.55
15 $208,653.74 $135,967.90 $3,403,239.65
16 $200,267.54 $144,354.11 $3,258,885.54
17 $191,364.09 $153,257.55 $3,105,627.99
18 $181,911.50 $162,710.14 $2,942,917.85
19 $171,875.90 $172,745.75 $2,770,172.11
20 $161,221.32 $183,400.33 $2,586,771.78
21 $149,909.59 $194,712.06 $2,392,059.72
22 $137,900.17 $206,721.47 $2,185,338.25
23 $125,150.04 $219,471.60 $1,965,866.66
24 $111,613.52 $233,008.13 $1,732,858.53
25 $97,242.08 $247,379.56 $1,485,478.97
26 $81,984.25 $262,637.39 $1,222,841.59
27 $65,785.36 $278,836.29 $944,005.30
28 $48,587.34 $296,034.30 $647,971.00
29 $30,328.60 $314,293.05 $333,677.95
30 $10,943.69 $333,677.95 $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, ND


1500 sqft3900 sqft
Ø selling price$3,780,646$8,042,464
Ø fast selling$3,436,951$7,238,217
Ø high price sale$4,124,341$8,846,710

In 2026, houses in Drake, ND will be offered at an average price of $2083 per square foot. A 1,500 sqft home priced at $3,780,646 is 21.09% more expensive per square foot than a 3,900 sqft home priced at $8,042,464. Home prices in Drake, ND vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $5,567,859. Sellers who can wait longer may achieve a higher price of up to $6,805,162.

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 $4,790,000 for an average home size of 2300 square feet. This corresponds to an average price of roughly $2083 per square foot.

What is the average cost per square foot in Drake?

In 2026, homes in Drake sell for an average of around $2083 per square foot, with a typical range between $2083 and $2083 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 2300 square feet, with an estimated 2026 value around $4,790,000.



Locations close to Drake, ND

Flaxton, ND91 $ / ft²
Glenburn, ND278 $ / ft²
Granville, ND79 $ / ft²
Douglas, ND39 $ / ft²
Donnybrook, ND63 $ / ft²
Des Lacs, ND107 $ / ft²
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