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Agent Pronto analyzes transaction data, agent specialties, and client reviews to handpick the best agents in your area. Updated for March 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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Information and statistics on the latest trends in the Drake real estate market, updated for March 2026. *
The typical home value in Drake is projected to be $190,000 for the month of March. February’s finalized data reported the typical value of a home in the neighborhood to be $188,000—down 2.34% over the previous 12 months. For comparison, city-level data pegged home values at $216,500 in Des Moines for the most recent reporting period. That number is expected to float around $223,750 in March.
Drake had 35 new listings and 26 listings that went under contract in February, increasing the area’s total available inventory to 38—up 26.67% from the previous month. Inventory is projected to have further increased in March.
The median listing price for homes in Drake fell 18.8% from January to February, bringing the current median listing price to $190,000. Based on projected data for March, listing prices may continue to fall.
The number of days that homes have been on the market prior to going under contract fell year-over-year. In February 2026, the median time for a listed property to go pending was 65 days, compared to 88 days in February 2025. In recent months the median number of days from listed to pending appears to be decreasing. That trend is predicted to have carried through to this March.
Market gauge is calculated based on the the number of active listings divided by home sales over the most recently available reporting period.
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.
See why so many people rely on Agent Pronto to make their real estate journey a success.
“This is the 10th house I have bought over a period of many years, working with many realtors. Without question, Isiah was the best by far and away. No question, nor any concern, no matter how small was out of reach for him. i highly recommend him.”
“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!”
“She did go really far out of her way to show a house and had really good input on things we didn't notice”
“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.”
“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!”
“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!”
“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.”
“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!”
“Enjoyed working with Rich and his team. Our acreage sold quickly and we received multiple offers.”
“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.”
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.
Choosing a real estate agent to help you buy or sell property is one of the most important decisions you’ll make in your lifetime. You want to make sure your agent is an expert in your area, has a proven record helping people buy and sell similar homes to yours, and is well regarded by their previous clients. Let us know a few details about the property you are selling or the kind of home you want to buy, and Agent Pronto will match you with trusted real estate agents that have the experience you need. And before you interview an agent, check out our top five questions to ask a buyer’s agent and listing agent.
We consider performance metrics, close rates, specialties, and client reviews to qualify the best full-time agents. We then take the information you provide about the home you are selling or the kind of home you want to buy, and analyze the top local agents with the right experience for your specific needs. For more than a decade, we've helped hundreds of thousands of home buyers and sellers find the right agent. Get started now and find the perfect real estate agent.
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