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Drake Real Estate Market Facts

  • $122,138Median home price
    8% lower than Des Moines
  • $784Median rent asked
    10% higher than Des Moines
  • 43.9%Home owners
    38% lower than Des Moines
  • 2.6People per home
    11% higher than Des Moines

Drake Home Affordability

  • $122,138Median home price
    8% lower than Des Moines
  • $44,717Median home income
    18% lower than Des Moines
  • 2.7xHome price to income ratio
    12% higher than Des Moines

Drake Affordability Calculator

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Drake Mortgage Calculator

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Drake Demographics

  • 10,972Population
  • 4,531People / sq mile
  • 30.3Median age
  • 0.9:1Male/Female ratio

Nearby cities with low home prices

City, StatePopulationHome PriceNational Avg.
Spring Hill, IA60$91,00051%
Hartford, IA824$102,40045%
Elkhart, IA815$121,90034%
Carlisle, IA4,031$149,70019%
Alleman, IA499$165,10011%
Des Moines, IA212,859$119,80035%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
Birmingham, AL212,424$87,10053%
Spokane, WA212,078$160,80013%
San Bernardino, CA214,581$176,8004%
Rochester, NY210,291$77,80058%
Richmond, VA216,773$199,3008%
Des Moines, IA212,859$119,80035%
Source: The Drake, Des Moines, IA housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).