Drake 80515

Larimer County, CO · 966 properties · updated 7/5/2026

Should you buy here?buyer-timing lens

39affordability /100

Buyer leverage is balanced; weigh payment burden and the 3-lens valuation before bidding.

Payment burden
36.9%
severe
Days on market
236
daily
Price cuts
16.4%
of active
Valuation
-26.7%
vs assessor
Look up an address
38
/100
weak
cooling · balanced · prices easing year-over-year.

Verdict grades housing conditions; buyer-timing, investor cash-flow, supply-tightness and county macro scores answer different questions — each in its own section.

Buyer / sellerbuyer-timing lens

64/ 100SellerBalancedBuyer
Negotiate Hard
Needs 18.7% correction for affordability
DOM: 253d (falling) · Market Dynamics rolling median · hourly
Score Components
Payment Burden (25%)75
Valuation Gap (25%)80
Supply & Demand (20%)20
Days on Market (5%)100

Moderate buyer leverage in 80515. Room to negotiate 5-10% below list. Payment burden: 36.9% of median income. A 5% price correction needed to reach 30% affordability threshold. Median days on market: 253. Market appears 28% overpriced vs. assessed values.

What to Offer

Offer 5-10% below list. You have room to negotiate.

Conditions resemble 2019 pre-pandemic levels — moderate overvaluation with slowing demand. Negotiation room exists.
COOLINGBALANCED

Market is cooling with expanding inventory. Conditions are balanced between buyers and sellers. Prices down 2.9% YoY.

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Market snapshoteach number, once

Median price
$485,835
▾ 2.9% YoY
Days on market
236
daily · zip_data
Median rent
$1,584
county avg
Investor score
23/100
cash-flow lens
Active listings
22
90-day

Valuation3 lenses, different anchors

vs assessor
-26.7%
Market vs assessed value — a tax-roll lag, not a deal signal.
Avg assessor$356,300
county CAMA · properties_v
vs income
Fair-value model not available for this market.
fair_value_scores · 10-state coverage
vs county comps
+63.7%
County-wide market — the widest, slowest signal.
Larimer+63.7%
Lotvox comps · mv_valuation_gap

Read together: Above county comps but sustainable on local incomes.
Pricing detail
Price / sqft$198
Price-to-income6.1×

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How 80515 ranks in CO
percentile vs all CO ZIPs
Comparative ranking not available for this ZIP.

Affordability, supply & momentum

47SUPPLY
BalancedSupply Tightness

Supply and demand are roughly even — standard negotiation dynamics.

Months of Supply2.0 mo
Days on Market236d
Inv vs History+14.3%
Listing Density57.1/1k
Market dynamics
Price cut %16.4%
Momentumcooling
LeverageBALANCED
Months of supply2
Sales (90d)0
Investment analysis
Median rent$1,584
Price-to-rent25.6
Est. cap rate2.4%
Buy vs rentfavors renting

Livability

Walk score
Transit score
Bike score
Places & amenities in ZIP 80515 · 29 mapped
Leaflet © OpenStreetMap contributors © CARTO
Parks & open space1
Sleepy Hollow County Park
Trails8
Sullivan Gulch TrailMount Olympus TrailCrosier Mountain TrailChristy Meadows RoadCombat Rock TrailJug Trail+2 more
Venues & culture1
Big Thompson River bridges
Land & water18
Big Thompson RiverCedar Springs ReservoirHyatt HillStorm MountainSpruce MountainPole Hill+12 more
Weekend range13
Lory State Park · state park13 mi
Cache La Poudre Wilderness · wilderness area15 mi
Comanche Peak Wilderness · wilderness area17 mi
Boyd Lake State Park · state park17 mi
Rocky Mountain National Park · national park18 mi
Indian Peaks Wilderness Area · wilderness area24 mi
Neota Wilderness · wilderness area25 mi
Kodak · state recreation area26 mi
St. Vrain State Park · state park28 mi
Never Summer Wilderness · wilderness area29 mi

Straight-line distance from the ZIP centroid (USGS PAD-US).

7,985 ft above sea level elevation · USGS 3DEP11 protected / open-space parcels · USGS PAD-US

Place data: USGS 3D Elevation Program · USGS Protected Areas Database (PAD-US) · Wikidata · © OpenStreetMap contributors — licensed ODbL (OpenStreetMap), CC0 (Wikidata) and US public domain (USGS, NPS, Census). Every place shown comes from the named sources; nothing is editorialized.

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Larimer County contextmacro · jobs · debt · migration

ZIP score grades housing; county score adds macro distress (jobs, debt, poverty). They answer different questions.

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