Home prices
The median home in Drakes Branch costs $88,300. In comparison to other places in this area this is roughly $5,800 (6%) lower.It is about $129,200 (59%) lower compared to the United States as a whole, and it is approximately $160,000 (64%) lower in comparison to the city of Raleigh.
Rents
In Drakes Branch the median rent is $618 per month. Compared to its surrounding areas this is about $120 (16%) lower.It is about $444 (41%) lower in comparison to the rest of the nation, and in comparison to the city of Raleigh it is roughly $503 (44%) lower.
Nearby places
Charlotte Court House
Charlotte Court House is roughly 4 miles north of Drakes Branch. Its housing prices are substantially more expensive. The median home price in Charlotte Court House is $145,800, which is $57,500 (39%) higher than Drakes Branch. Its rents are a little more expensive. Charlotte Court House's median rent is $850 a month, which works out to $232 (27%) higher than Drakes Branch.
Keysville
Keysville is approximately 6 miles northeast from Drakes Branch. The real estate prices there are similar. The price of the median home in Keysville is $91,400, which comes out to $3,100 (3%) higher than Drakes Branch. Rent there is a bit less expensive. Keysville's median monthly rent is $588, which works out to $30 (5%) lower than Drakes Branch.
Phenix
Phenix is approximately 9 miles northwest from Drakes Branch. Its housing prices are a bit less expensive. The value of the median home in Phenix is $67,000, which comes out to $21,300 (31%) lower than Drakes Branch. Its rents are a little more expensive. Phenix's median rent is $843 per month, which works out to $225 (26%) higher than Drakes Branch.
Chase City
Chase City is about 15 miles southeast of Drakes Branch. Housing prices there are pretty similar. Chase City's median home price is $86,300, which is $2,000 (2%) lower than Drakes Branch. The rent there is fairly similar. In Chase City the median monthly rent is $632, which works out to $14 (2%) higher than Drakes Branch.
Brookneal
Brookneal is approximately 17 miles west from Drakes Branch. Its real estate prices are somewhat less expensive. Brookneal's median home cost is $80,000, which works out to $8,300 (10%) lower than Drakes Branch. Rent there is a little more expensive. Brookneal's median rent is $778 per month, which works out to $160 (20%) higher than Drakes Branch.
