Call or Text (240) SELL-123

DRAKE, ND 58736

Real Estate Market Report  ·  McHenry County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
2
⇩ 33.3% vs 3 last year
Pending
0
0% pending ratio
Median Price
$109,900
⇩ 52.5% vs $231,250 last year
Average Price
$109,900
⇩ 52.5% vs $231,250 last year
Days on Market
128
⇧ 40.7% vs 91 days last year

Market Context

Population: 469  ·  Density: 1.1/mi²  ·  Median household income: $61,250

Typical home value: $74,200  ·  Homeownership: 85.4%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The DRAKE, ND real estate market (58736) currently shows 2 active listings. Homes are averaging 128 days on the market before going under contract.

Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 128 days on market compared to 91 days last year.

The median listing price has fallen 52.5% year-over-year, from $231,250 to $109,900.

Whether you are buying or selling in DRAKE, ND, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for DRAKE, ND 58736 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 2 this year vs 3 last year
  • Days on market: 128 now vs 91 last year

Median & Average Pricing

Year over Year
  • Median: $109,900 (-52.5% YoY)
  • Average: $109,900 (-52.5% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 49.9 miles — 116 listings ($40,443,044 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
58736Drake, ND 587360.0 mi2$219,800$109,900$109,900
58744Karlsruhe, ND 5874416.2 mi1$425,000$425,000$425,000
58790Velva, ND 5879026.5 mi3$704,850$234,950$234,950
58368Rugby, ND 5836827.4 mi15$3,159,435$129,900$210,629
58332Esmond, ND 5833229.8 mi1$74,000$74,000$74,000
58741Granville, ND 5874131.5 mi1$78,500$78,500$78,500
58559Mercer, ND 5855934.2 mi1$224,000$224,000$224,000
58781Sawyer, ND 5878135.2 mi1$94,900$94,900$94,900
58348Maddock, ND 5834840.0 mi3$368,799$124,900$122,933
58438Fessenden, ND 5843841.8 mi4$1,153,900$152,000$288,475
58531Coleharbor, ND 5853144.8 mi2$1,374,900$687,450$687,450
58701Minot, ND 5870145.6 mi80$29,550,960$322,450$369,387
58418Bowdon, ND 5841849.9 mi2$3,014,000$1,507,000$1,507,000

Frequently Asked Questions

How many homes are for sale in DRAKE, ND 58736?

As of January 2026, there are 2 active listings in DRAKE, ND (zip code 58736), compared to 3 the prior year.

What is the median home price in DRAKE, ND 58736?

The median listing price in DRAKE, ND 58736 is $109,900 as of January 2026, a 52.5% decrease from $231,250 the prior year.

How long do homes stay on the market in DRAKE, ND?

Homes in DRAKE, ND 58736 spend an average of 128 days on the market before going under contract, compared to 91 days the prior year.

Is it a seller's or buyer's market in DRAKE, ND 58736?

Based on current inventory and days-on-market data as of January 2026, DRAKE, ND 58736 is currently a Balanced Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 128 days on market compared to 91 days last year.

How much can I save on real estate commission in DRAKE, ND?

With SELL123.com's maximum 3% commission, sellers in DRAKE, ND 58736 save an estimated $2,198 compared to a typical 5% commission on the median listing price of $109,900. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.