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Today: September 22, 2025

Current Price

$73,727

1 Month Forecast

$73,453

1-Year Forecast *

$72,685

5-Year Forecast *

$57,741

"Is it a good time to buy homes in Drake?" "Does investing in real estate in Drake (North Dakota State, McHenry County) worth it?" According to our live Forecast System, buying a house in Drake is a bad short-term (1-year) investment*. The Drake average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Drake" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Drake in North Dakota State, McHenry County. If you are looking for homes for sale with good flipping profit, Drake can be a bad, high-risk 1-year investment option. The median price of an average house in Drake was 73,727 USD on 2025-09-23. Based on our forecasts, a long-term decrease is expected, the predicted price of an average home in the "Drake" area is 57,741 USD by 2030-09-23. For a 5-year investment the profit is expected to be around -21.68% meaning that investing 100000 USD today may yield a profit of 21,684 USD by 2030.

Current Median Listing Price: 73,727 USD Median Listing Price Per Square Foot: 41 USD

Drake Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Drake (North Dakota State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2025-2031

The long-term housing forecast is based on all the available median listing price recorded up to today.

Drake Price Target

Drake median home price target in 12 months: $72,685* (downside of 1.4%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2024 $85,683 $73,727 $73,727 $85,683
2023 $100,897 $88,420 $88,420 $104,785
2022 $0 $100,410 $0 $106,806
2021 $0 $0 $0 $0
2020 $0 $0 $0 $0
2019 $0 $0 $0 $0
2018 $0 $0 $0 $0
2017 $0 $0 $0 $0
2016 $0 $0 $0 $0
2015 $0 $0 $0 $0
2014 $0 $0 $0 $0
2013 $0 $0 $0 $0
2012 $0 $0 $0 $0
2011 $0 $0 $0 $0

Questions & Answers about the Drake Housing Market Forecast

How much does an average home cost in Drake today?

The value of an average home (the listing price) in Drake is $73,727 USD.

What is the average price per square foot in Drake?

According to Walletinvestor the median price per square foot in Drake is 41 USD.

Will the median listing price of homes in Drake grow / rise / go up?

No. The Drake home prices may drop from 73,727 USD to 72,685 USD in one year.

Is it profitable to invest in Drake homes?

Based on our forecast, the expected return is -1.41% in one year.

Will Drake house prices fall / drop?

Yes. See above.

What is the predicted price of a Drake home in 2030?

The predicted home sales price of a Drake home in 2030 in Drake is 57,741 USD.

What is the predicted price of a Drake home in 2035?

The predicted home sales price of a Drake home in 2035 in Drake is 45,355 USD.

Will real estate prices decrease in Drake?

According to our analysis, there may be some price adjustment.

Short-Term Outlook Based On The Last 12 Months

Drake is the 25010. largest city in the United States, located in North Dakota State.

During the last 12 months the real estate prices in McHenry, Drake decreased, looking at the past 12 months.

According to Walletinvestor's Drake real estate market research, home values will decrease in the next 12 months.

Median home values decreased by 8.779% to 73,727 USD, between 2024-09-23 and 2025-09-23

The average annual profit of property investment was:

  • 0.376% in 2020
  • 0.804% in 2021
  • 0.456% in 2022
  • 0.504% in 2023
  • 3.344% in 2024
  • 1.564% in 2025

Based on our Drake real estate market research and report the predicted sales prices will decrease by 13.271% in the next 10 years.

Over the last 12 months, the value of homes in Drake fluctuated: decreasing 3 times.

Drake (North Dakota) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Drake Housing Market Forecast with Real Estate Prices for 2025
January 2025 73453 66328 80578
February 2025 73212 66549 79874
March 2025 73638 66495 80781
April 2025 74066 69919 78214
May 2025 74498 68314 80681
June 2025 74756 67505 82008
July 2025 74036 67447 80625
August 2025 73322 67603 79042
September 2025 72616 67823 77408
October 2025 71916 68320 75512
November 2025 72264 67567 76962
December 2025 72685 67888 77482
Drake Housing Market Forecast with Real Estate Prices for 2026
January 2026 73108 68575 77641
February 2026 73534 66695 80372
March 2026 73580 68797 78362
April 2026 72888 66911 78865
May 2026 72186 65400 78971
June 2026 71490 67773 75208
July 2026 70801 65845 75757
August 2026 70119 66122 74116
September 2026 69443 65832 73054
October 2026 68774 61965 75582
November 2026 68111 62662 73560
December 2026 67455 62530 72379
Drake Housing Market Forecast with Real Estate Prices for 2027
January 2027 67244 61931 72556
February 2027 67198 62292 72103
March 2027 66635 63103 70166
April 2027 66185 62147 70222
May 2027 66019 60605 71432
June 2027 65853 62297 69409
July 2027 65219 59936 70501
August 2027 64590 59617 69564
September 2027 63968 58658 69277
October 2027 63351 58093 68609
November 2027 63115 56867 69364
December 2027 62908 57875 67941
Drake Housing Market Forecast with Real Estate Prices for 2028
January 2028 63274 57200 69349
February 2028 63643 58424 68861
March 2028 64013 60812 67214
April 2028 64235 58005 70466
May 2028 63616 57318 69914
June 2028 63003 57018 68989
July 2028 62396 58715 66077
August 2028 61795 56851 66738
September 2028 62094 57189 67000
October 2028 62456 57147 67764
November 2028 62819 59176 66463
December 2028 63185 58067 68303
Drake Housing Market Forecast with Real Estate Prices for 2029
January 2029 63224 58356 68092
February 2029 62630 57244 68016
March 2029 62027 58367 65686
April 2029 61429 58296 64562
May 2029 60837 55970 65704
June 2029 60251 54286 66215
July 2029 59670 55612 63727
August 2029 59095 53954 64236
September 2029 58525 54077 62973
October 2029 57961 54310 61613
November 2029 57780 53331 62229
December 2029 57741 53295 62187
Drake Housing Market Forecast with Real Estate Prices for 2030
January 2030 57257 52733 61780
February 2030 56870 52207 61533
March 2030 56727 53040 60415
April 2030 56585 52738 60433
May 2030 56040 51613 60467
June 2030 55500 50283 60717
July 2030 54965 51997 57933
August 2030 54435 50679 58191
September 2030 54233 50979 57487
October 2030 54055 50811 57298
November 2030 54369 50781 57958
December 2030 54686 49217 60154
Drake Housing Market Forecast with Real Estate Prices for 2031
January 2031 55004 50329 59679
February 2031 55195 50283 60108
March 2031 54663 49252 60075
April 2031 54136 49914 58359
May 2031 53615 48468 58762
June 2031 53098 47841 58355
July 2031 53355 50687 56023
August 2031 53666 49587 57744
September 2031 53978 49984 57973
October 2031 54292 50600 57984
November 2031 54326 49437 59216
December 2031 53816 50425 57206
Drake Housing Market Forecast with Real Estate Prices for 2032
January 2032 53297 48980 57614
February 2032 52784 48825 56742
March 2032 52275 48720 55830
April 2032 51771 47422 56120
May 2032 51272 46504 56040
June 2032 50778 47528 54028
July 2032 50289 47573 53004
August 2032 49804 46567 53041
September 2032 49648 46719 52578
October 2032 49614 47134 52095
November 2032 49199 44328 54069
December 2032 48866 45836 51896

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.