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Real estate in Des Moines’ Drake neighborhood.

Compare top Drake real estate agents.

Agent Pronto analyzes transaction data, agent specialties, and client reviews to handpick the best agents in your area. Updated for August 2026.*


* Sales data is calculated based on transaction information available to Agent Pronto at the time of publishing and may not accurately reflect all transactions for a given agent.

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Drake real estate Market Report.

Information and statistics on the latest trends in the Drake real estate market. *

Latest Rolling 3-Month Snapshot

Apr 1, 2026 - Jun 30, 2026

Median sale price
$211K
+22% from Q1 '26
Median list price
$238K
+19% from Q1 '26
Active listings
91
+28% from Q1 '26
Homes sold
41
+116% from Q1 '26
New pendings
44
+47% from Q1 '26
New listings
56
+37% from Q1 '26

Quarterly Pricing Trends for Drake

Rolling three-month data ending on quarter boundaries when available.

Quarterly Pricing Trends for Drake Q3 '21 Q3 '22 Q3 '23 Q3 '24 Q3 '25 Q2 '26 Median sale price in Jul 2021 - Sep 2021: $175K Median sale price in Oct 2021 - Dec 2021: $200K Median sale price in Jan 2022 - Mar 2022: $165K Median sale price in Apr 2022 - Jun 2022: $217K Median sale price in Jul 2022 - Sep 2022: $182K Median sale price in Oct 2022 - Dec 2022: $187K Median sale price in Jan 2023 - Mar 2023: $202K Median sale price in Apr 2023 - Jun 2023: $180K Median sale price in Jul 2023 - Sep 2023: $200K Median sale price in Oct 2023 - Dec 2023: $218K Median sale price in Jan 2024 - Mar 2024: $206K Median sale price in Apr 2024 - Jun 2024: $208K Median sale price in Jul 2024 - Sep 2024: $183K Median sale price in Oct 2024 - Dec 2024: $195K Median sale price in Jan 2025 - Mar 2025: $193K Median sale price in Apr 2025 - Jun 2025: $218K Median sale price in Jul 2025 - Sep 2025: $208K Median sale price in Oct 2025 - Dec 2025: $180K Median sale price in Jan 2026 - Mar 2026: $174K Median sale price in Apr 2026 - Jun 2026: $211K Median list price in Jul 2021 - Sep 2021: $195K Median list price in Oct 2021 - Dec 2021: $175K Median list price in Jan 2022 - Mar 2022: $190K Median list price in Apr 2022 - Jun 2022: $195K Median list price in Jul 2022 - Sep 2022: $189K Median list price in Oct 2022 - Dec 2022: $188K Median list price in Jan 2023 - Mar 2023: $175K Median list price in Apr 2023 - Jun 2023: $220K Median list price in Jul 2023 - Sep 2023: $215K Median list price in Oct 2023 - Dec 2023: $180K Median list price in Jan 2024 - Mar 2024: $225K Median list price in Apr 2024 - Jun 2024: $200K Median list price in Jul 2024 - Sep 2024: $233K Median list price in Oct 2024 - Dec 2024: $219K Median list price in Jan 2025 - Mar 2025: $185K Median list price in Apr 2025 - Jun 2025: $210K Median list price in Jul 2025 - Sep 2025: $205K Median list price in Oct 2025 - Dec 2025: $234K Median list price in Jan 2026 - Mar 2026: $200K Median list price in Apr 2026 - Jun 2026: $238K Jul 2021 - Sep 2021 Median sale price $175K Median list price $195K Oct 2021 - Dec 2021 Median sale price $200K Median list price $175K Jan 2022 - Mar 2022 Median sale price $165K Median list price $190K Apr 2022 - Jun 2022 Median sale price $217K Median list price $195K Jul 2022 - Sep 2022 Median sale price $182K Median list price $189K Oct 2022 - Dec 2022 Median sale price $187K Median list price $188K Jan 2023 - Mar 2023 Median sale price $202K Median list price $175K Apr 2023 - Jun 2023 Median sale price $180K Median list price $220K Jul 2023 - Sep 2023 Median sale price $200K Median list price $215K Oct 2023 - Dec 2023 Median sale price $218K Median list price $180K Jan 2024 - Mar 2024 Median sale price $206K Median list price $225K Apr 2024 - Jun 2024 Median sale price $208K Median list price $200K Jul 2024 - Sep 2024 Median sale price $183K Median list price $233K Oct 2024 - Dec 2024 Median sale price $195K Median list price $219K Jan 2025 - Mar 2025 Median sale price $193K Median list price $185K Apr 2025 - Jun 2025 Median sale price $218K Median list price $210K Jul 2025 - Sep 2025 Median sale price $208K Median list price $205K Oct 2025 - Dec 2025 Median sale price $180K Median list price $234K Jan 2026 - Mar 2026 Median sale price $174K Median list price $200K Apr 2026 - Jun 2026 Median sale price $211K Median list price $238K
Median sale price
Median list price
* Data provided by Redfin, a national real estate brokerage.
21
Seller’s Market
Seller’s Market
Buyer’s Market
0
25
50
75
100

Market gauge is calculated using active listings and pending sales from the most recently available reporting period (Apr 2026 - Jun 2026).

Drake currently leans toward sellers, with the market gauge signaling a seller’s market even as conditions show some balance. A typical home value over the past three months was about $211,000, slightly below a year ago, while the median list price has climbed roughly 13% year over year, indicating sellers are aiming higher on pricing.

Inventory and activity help explain the seller tilt in this rolling three-month view. Active listings are up more than 30% from last year to 91 homes, and homes sold have increased about 18%, yet months of supply is still only around three months, not far above the 2.5 months seen across Des Moines overall.

Pace and negotiation patterns show buyers have more time, but sellers still hold meaningful leverage. Homes now sit a median of 22 days on the market versus much shorter times a year ago, but nearly 25% still sell above list and the average sale-to-list ratio is just under 99%, demonstrating limited discounting. Buyers and sellers who want to navigate these shifting dynamics in Drake can get help finding the right real estate agent through Agent Pronto.



Learn more about what Drake has to offer.

Drake offers residents a tight-knit, walkable community with tree-lined streets, convenient local shops, cultural venues, and easy access to parks and nightlife.

Drake in Des Moines centers around Drake University, offering a walkable neighborhood with practical access to work, school, and downtown. Tree‑lined streets mix historic homes, student rentals, and updated infill housing, giving residents choices across budgets and life stages.

Daily needs are easy to reach. University Avenue and Forest Avenue provide straightforward routes to downtown Des Moines, the Ingersoll Avenue corridor, and major employers. Several bus lines connect Drake to the Des Moines Area Regional Transit network, making car‑light living realistic. Nearby North of Grand and Sherman Hill expand dining and entertainment options within a short drive or bike ride.

The university itself anchors community life. Drake University brings cultural events, Division I athletics, and public lectures, while Cowles Library and campus green spaces offer quiet places to study or relax. Families appreciate access to Des Moines Public Schools, along with neighborhood parks like Drake Park and connections to larger outdoor destinations near Beaverdale.

Housing turnover is steady, and properties can move quickly, especially near campus. Local agents who understand student demand, parking rules, and rental ordinances can simplify decisions for both owner‑occupants and investors. Whether you are buying your first home near Drake or selling a long‑time property, Agent Pronto connects you with an agent who knows the neighborhood and helps reduce stress at every step.

Find your Drake real estate agent today →


Trusted by over 500,000 buyers and sellers.

See why so many people rely on Agent Pronto to make their real estate journey a success.

“Isaiah is great to work with and I will continue to work with him on future real estate deals!”

Demichole D. · West Des Moines, IA

Photo of Isaiah Thomas
Century 21 Signature Real Estate
“Lacie was amazing throughout the whole buying experience as a first-time home owner. She made every effort to keep me informed during our buying process and shown her expertise when any questions arose. When there were some questions she couldn't answer she was able to defer me to the appriorate subject-matter expert whether it was an electrician for electrical questions/work to inspection questions. She was absolutely fantastic to work with and would highly recommend her to friends and family that are looking to buy/sell now and later! Thank you Lacie Shelby for working with my partner and I. Thank you even more for making our first home purchase worth it!”

Michael Pham · Des Moines, IA

Photo of Lacie Sibley
Iowa Realty
“She did go really far out of her way to show a house and had really good input on things we didn't notice”

Karl Andrews · IA

Photo of Susan Peer
Berkshire Hathaway BHHS First Realty
“Deanna was amazing! She listened to me & understood my goals. She answered all questions & was respectful of my wants & needs. She was quick with responses & was there for me every step of the process.”

D Gordon · Indianola, IA

Photo of Deanna Roth
Century 21 Signature Real Estate
“To whom it my concern, It is our immense pleasure to recommend Viola Salvato as a real estate agent for any individual or family searching for the ideal home. Viola had an initial meeting with us regarding our specific needs in a home as well as our budgetary limits. She is highly talented and immediately found us numerous listings of homes. She did not waste our time with homes that were not in line with our needs. Viola is a master with contract negotiation she came up with a deal that was good for us as well as making the seller happy. She knows the area like the back of her hand and there is nothing that escapes her attention when it comes to properties for sale in this area. We found Viola to be a highly attentive agent, almost as if we were her only customers, although we know that was not the case. She returned all phone calls and emails the same day. We never felt neglected or unimportant. She also is highly personable with an engaging personality. She is hands down the best!”

Scott Wilberg ·

Photo of Vi Salvato
Iowa Realty
“Dakotah was amazing to work with! Dakotah was referred to us by someone and we will continue to refer him to others. Knowledgeable about the Des Moines area and homes in the area. Always felt that Dakotah was looking out for us as first time home buyers and helped us explain the home buying process in great detail. When we do decide to sell our incredible home, we will surely work with Dakotah again!”

Annette · Ankeny, IA

Photo of Dakotah Reed
Iowa Realty
“Roger was very responsive to our house selling & buying needs. He also presented to us additional options on other properties to consider besides the ones we found of interest to your.”

Steven Johnson · Ankeny, IA

Photo of Roger Severson
Iowa Realty
“Matt cares deeply about his clients and is as trustworthy as they come. He was a fantastic guide and advisor through our home buying process. We ran into a number of snafus and hiccups but he navigated us through them to secure a good deal. Highly recommend Matt!”

Jacob Olson · Adel, IA

Photo of Matt Fuelberth
Berkshire Hathaway Iowa Realty Mills Crossing
“Enjoyed working with Rich and his team. Our acreage sold quickly and we received multiple offers.”

Lois D. · Pleasantville, IA

Photo of Rich & Jeri Hudnut
RE/MAX Concepts
“Julie really knows how to market a property and obtain a ton of exposure. She was extremely helpful and insightful in selling my house. She also really cares for her clients.”

Eric · Des Moines, IA

Photo of Campbell Team
Iowa Realty

Frequently Asked Questions

There are more than 2 million real estate agents across the U.S., and you want to be sure the one you partner with is an experienced and trustworthy professional with strong local expertise covering the housing market in and around Drake. Working with a proven agent will help you sell your home faster and for more money, and help you find your dream home at the best possible price.


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