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DRAKE, ND 58736

Real Estate Market Report
Buyer's Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The DRAKE, ND real estate market (58736) currently shows 2 active listings. Homes are averaging 187 days on the market before going under contract.

Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 187 days on market compared to 114 days last year.

The median listing price has fallen 26.9% year-over-year, from $146,875 to $107,400.

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.

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Market Context

Market Context

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

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

Market Overview

Active Listings
2
⇧ 100% vs 1 last year
Pending
0
0% pending ratio
Median Price
$107,400
⇩ 26.9% vs $146,875 last year
Average Price
$107,400
⇩ 26.9% vs $146,875 last year
Days on Market
187
⇧ 64% vs 114 days last year

Price Per Square Foot

Median $/sqft
$63
⇩ 27.6% vs $87/sqft last year
Median Home Size
1,732 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 2 this year vs 1 last year
  • Days on market: 187 now vs 114 last year

Median & Average Pricing

Year over Year
  • Median: $107,400 (-26.9% YoY)
  • Average: $107,400 (-26.9% 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
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 50.8 miles — 122 listings ($42,302,738 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
58736Drake, ND 587360.0 mi2$214,800$107,400$107,400
58744Karlsruhe, ND 5874416.2 mi1$425,000$425,000$425,000
58313Balta, ND 5831323.1 mi1$39,900$39,900$39,900
58341Harvey, ND 5834127.0 mi5$442,500$75,750$88,500
58788Towner, ND 5878828.2 mi4$409,900$75,950$102,475
58463Mcclusky, ND 5846330.0 mi1$94,900$94,900$94,900
58716Benedict, ND 5871632.4 mi1$1,900,000$1,900,000$1,900,000
58768Norwich, ND 5876836.5 mi2$1,120,000$560,000$560,000
58759Max, ND 5875940.4 mi2$449,800$224,900$224,900
58785Surrey, ND 5878542.0 mi13$4,232,475$356,150$325,575
58731Deering, ND 5873145.0 mi1$179,900$179,900$179,900
58789Upham, ND 5878947.2 mi0$0$45,000$45,000
58703Minot, ND 5870350.8 mi89$32,793,563$319,900$368,467

Frequently Asked Questions

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

As of March 2026, there are 2 active listings in DRAKE, ND (zip code 58736), compared to 1 the prior year.

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

The median listing price in DRAKE, ND 58736 is $107,400 as of March 2026, a 26.9% decrease from $146,875 the prior year.

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

Homes in DRAKE, ND 58736 spend an average of 187 days on the market before going under contract, compared to 114 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 March 2026, DRAKE, ND 58736 is currently a Buyer's Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 187 days on market compared to 114 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 $2,148 compared to a typical 5% commission on the median listing price of $107,400. 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.