Comprehensive market data and analysis• Updated Dec 2025
12.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | 1 |
| 1-2 acres | - | 1 | 1 | 2 |
| 2-5 acres | - | - | - | 1 |
| 5-10 acres | - | 1 | 4 | 9 |
| 10-20 acres | - | - | 1 | 1 |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 2 | 6 | 14 |
Acreage buckets
The median price for land in Drake, Colorado is currently $22K per acre. For a typical parcel, the median sale price is $93K. Market volatility is currently moderate, meaning prices can vary moderately based on location and access. Recently, the cheapest land sold for $59K while premium lots reached $140K.
Drake, Colorado is currently a strong buyer's market with 12.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
Drake, Colorado currently has 12.0 months of inventory supply. This indicates a strong buyer's market. This balanced supply gives both buyers and sellers fair opportunities.
The 3-month absorption rate in Drake, Colorado is 8.3%. The 12-month rate is 14.6%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Land in Drake, Colorado typically sells within 89 days of listing. The median time on market is 70 days. Properties are moving at a moderate pace in the current strong buyer's market.
Over the past 12 months, Drake, Colorado saw 14 properties sold, totaling $1.4M in sales volume. In just the last 3 months, 2 properties changed hands.
Land in Drake, Colorado averages $27K per acre. The median price per acre is $22K, which may be more representative of typical transactions. Most parcels sold are around 5.4 acres.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
