Is Drake, CO 80515 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Drake is a balanced market. With about 5.8 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply5.8Under 4 months = seller’s market

Sold above original list0%Share of sales, last 3 months

Median sale-to-list96.9%Sold price ÷ list price

Median days on market72Listing to accepted offer

Median price per sq ft$313▼ −21.4% vs. last year

Run the numbers for 80515

Prefilled for 80515Can I win this house?Multiple-offer likelihood for a listing Prefilled for 80515Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Bellvue 80512Buyer’s market $309 /sq ft Berthoud 80513Balanced $249 /sq ft Estes Park 80517Buyer’s market $415 /sq ft Fort Collins 80521Seller’s market $378 /sq ft Browse all markets →

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology