Housing Prices in Drake Park, NC
How much do homes in Drake Park, NC cost?
Median List Price
$165,000
$130/sqft
Based on all homes listed in the last 12 months.
Difference Since April 2023
Key Takeaway
The list price of homes in Drake Park has increased by 32% since last year.
Summary: The median home list price in Drake Park was $165,000 in April 2024, up 32% from the previous year, and the median price per square foot was $130.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $72.5K | $140K | +93.1% |
| 3 Bedrooms | $140K | $169.7K | +21.3% |
| 4 Bedrooms | $201.2K | $405K | +101.2% |
| 5+ Bedrooms | - | $249.9K | N/A |
Summary: Drake Park housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 93.1%, 3 bedroom homes increased by 21.3%, 4 bedroom homes increased by 101.2%, and 5+ bedroom homes did not change.
Median List Price Compared To Nearby Neighborhoods
| Drake Park | $125K | $165K | +32.0% |
| Glendale Acres | $202.5K | $245K | +21.0% |
| Evergreen Estates | $163.5K | $192.5K | +17.7% |
| Welmar | $147K | $152.9K | +4.0% |
| Buckhead | $399K | $399.2K | 0.1% |
Housing Supply in Drake Park, NC
How many homes are available in Drake Park, NC?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 5 | 6 | +20.0% |
Summary: The Drake Park real estate market had 6 homes for sale in April 2024, a 20.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 4 | 3 | -25.0% |
| 4 Bedrooms | 0 | 1 | +100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Drake Park housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 25%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Days on Market for Drake Park, NC
How long does it take to sell a home in Drake Park, NC?
Average Listing Age
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 53 Days | 82 Days | +55.3% |
Summary: Homes in Drake Park had an average listing age of 82 days in Apr 2024, up by 55.3% compared to the previous year.
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