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Drake, ND Real Estate


According to census data in the year 2000 there were 182 housing units in Drake. This represents a 20.2% decline from 228 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 182 were located in what is classified as a rural area.

Homeownership rate in Drake is about 78%. Drake's vacancy rate, including seasonal lodging, is about 17.6%. Average household size is 1.97 people.

The majority of houses, apartments or condos in Drake were built after 1946.

Statistics

Housing Size

Housing Units by Size
Studio Type1.60%
One Bedroom13.70%
Two Bedrooms30.80%
Three Bedrooms30.80%
Four Bedrooms19.20%
Five Bedrooms or more3.80%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size1.95
Median year structure was built1941
Median Value of occupied units$16,000
Median Price asked for vacant units$9,999

Rented Homes, Apartments and Condos

Average Household Size2.06
Median year structure was built1951
Median Monthly Rent asked for vacant units$133

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage0%
Home Equity Loan0%
Simple Mortgage20%
Debt Free80%
As % of Housing Units
   
Median part of Monthly Household Income dedicated to covering home ownership costs12.3%