Drake · Des Moines, IA

Is Now a Good Time to Sell in Drake, Des Moines?

The median home in Drake sells for $184,000 with prices down 13% year-over-year. Ridley's flat fee saves you $2,021.

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Drake Real Estate Market Conditions

49out of 100

Ridley Sell Score

How it's scored →

Cooling

49/100

The market is shifting — strategic pricing and presentation matter more.

What this means for sellers

The Drake market is cooling, and sellers need to be strategic. Buyers have more options and are negotiating harder. Invest in staging and professional photography to differentiate your listing. Flexibility on terms can make the difference in attracting serious buyers.

Inventory TightnessNeutral

4 months of supply — near the balanced threshold of 5 months. Iowa average is 4.7.

Price MomentumFavors buyers

Prices down 12.58907363% year-over-year — vs. +8.6% statewide.

Seller LeverageNeutral

Homes selling at 97.59% of asking — buyers are negotiating 2.4% below list. Iowa average is 96.9%.

Bidding ActivityFavors buyers

16% of homes selling above list price — 1% above the Iowa average of 15.9%.

Sale SpeedFavors sellers

35.5 median days on market — 28 days faster than the Iowa average.

Market UrgencyNeutral

21.05% of listings go pending within 2 weeks — vs. 22.8% statewide.

Price StabilityFavors sellers

Only 0% of listings have dropped their price — sellers are holding firm. Iowa average is 23%.

Score based on 7 real-time market signals. Updated with latest available data.

How it works →

Median Sale Price

$184,000

-13%

Days on Market

35.5

Price per Sq Ft

$172

Sale-to-List Ratio

97.59%

Homes Sold

25

Sold Above List

16%

Pending in 2 Weeks

21.05%

Source: public market records

Get AI-powered market intelligence

Personalized pricing signals, demand shifts, and Sell Score changes for Des Moines — delivered monthly.

Your savings

How much can you save selling in Drake?

$0Estimated savings

That could furnish your new living room — save 1.1% of your home value

$184,000

$50,000$10M

Traditional Agent (3%)

$5,520

Ridley Pro (flat fee)

$3,499

Ready to sell in Drake?

Get a personalized selling strategy with AI-powered pricing analysis

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Cost comparison

Cost to sell in Drake

Traditional AgentBest valueRidley ProRidley Essentials
Listing fee$5,520$3,499$999
Buyer agent$5,1522.8% avg$3,680~2% avg$3,680~2% avg
Closing costs (~1.5%)$2,760$2,760$2,760
Total cost$13,432$9,939$7,439
You save$2,021$4,521

Based on the Drake median home price of $184,000. Ridley buyer agent commission reflects the average ~2% BAC offered by Ridley sellers.

How to sell your house and save on commission in Drake

A flat fee of $3,499 instead of the typical $5,520 commission — with a dedicated agent at every step.

1

AI + expert price your home

AI-powered comps reviewed by your dedicated agent — using Drake market data so you list at the right price.

2

AI prepares your home

AI walk-through identifies what to fix, stage, and photograph. Your agent advises on what actually moves the needle.

3

Listed on MLS & 100+ sites

Professional listing syndicated to Zillow, Redfin, and everywhere Drake buyers look — plus a custom Ridley listing page with AI chat.

4

Your agent negotiates

Offer comparison, counteroffer strategy, and all back-and-forth with buyers' agents — handled by your dedicated agent.

5

Close and keep $2,021 more

Contracts, disclosures, deadline tracking, and closing coordination — from accepted offer to keys.

FAQ

Common questions about selling in Drake

Ready to sell in Drake?

Save $2,021

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