The Driftwood housing market is somewhat competitive. The median sale price of a home in Driftwood was $500K last month, up 14.9% since last year. The median sale price per square foot in Driftwood is $377, up 18.0% since last year.
What is the housing market like in Driftwood today?
In March 2024, Driftwood home prices were up 14.9% compared to last year, selling for a median price of $500K. On average, homes in Driftwood sell after 57 days on the market compared to 42 days last year. There were 22 homes sold in March this year, down from 24 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$499,950
+14.9% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Driftwood, FL
$499,950
+14.9%
United States
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How hot is the Driftwood housing market?
Driftwood is somewhat competitive. Homes sell in 57 days.
0
100
48
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Some homes get multiple offers.
The average homes sell for about 3% below list price and go pending in around 57 days.
Hot homes
can sell for around list price and go pending in around 29 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Driftwood housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Driftwood.
Risk Factor
Flood Factor - Minor
35% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Driftwood has a minor risk of flooding. 0 properties in Driftwood are likely to be
severely affected
by flooding over the next 30 years. This represents 35% of all properties in Driftwood. Flood risk is increasing slower than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
Driftwood has a moderate risk of wildfire. There are 15 properties in Driftwood that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in Driftwood.
100% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
Driftwood has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Driftwood is most at risk from hurricanes. 3,998 properties in Driftwood have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 188 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 198 mph.