Driftwood, TX Housing Market

Homes for sale

The Driftwood housing market is somewhat competitive. The median sale price of a home in Driftwood was $875K last month, down 52.0% since last year. The median sale price per square foot in Driftwood is $350, down 24.9% since last year.

Trends
Demand
Migration
Schools
Climate

Driftwood Housing Market Trends

What is the housing market like in Driftwood today?

In July 2024, Driftwood home prices were down 52.0% compared to last year, selling for a median price of $875K.

$875K

Sale Price

-52.0%
since last year

$350

Sale $/Sq. Ft.

-24.9%
since last year

Under List Price

2.3%

Days on Market

Down Payment

—

Total Homes Sold

To compare other locations to the Driftwood and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Driftwood add value to a home.

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How hot is the Driftwood housing market?

Driftwood is somewhat competitive. Homes sell in 60 days.

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 2% below list price and go pending in around 60 days.
Hot homes
can sell for around list price and go pending in around 40 days.

Compare With Nearby Cities

Austin

100

Not Very Competitive

Multiple offers are rare.
The average homes sell for about 3% below list price and go pending in around 85 days.
Hot homes
can sell for around list price and go pending in around 39 days.

Dripping Springs

100

Not Very Competitive

Multiple offers are rare.
The average homes sell for about 3% below list price and go pending in around 91 days.
Hot homes
can sell for about 2% below list price and go pending in around 53 days.

See more nearby cities and neighborhoods

Driftwood Migration & Relocation Trends

In Dec '24 - Feb '25, 28% of Driftwood homebuyers searched to move out of Driftwood, while 72% looked to stay within the metropolitan area.

Where are people moving to Driftwood from?

Across the nation, 1% of homebuyers searched to move into Driftwood from outside metros.
Los Angeles homebuyers searched to move into Driftwood more than any other metro followed by San Francisco and Dallas.

Where are people from Driftwood moving to?

72% of Driftwood homebuyers searched to stay within the Driftwood metropolitan area.
Killeen was the most popular destination among Driftwood homebuyers followed by Corpus Christi and Albuquerque.

Number of People Moving to Driftwood

least

most

People are moving to Driftwood from

Inbound		Net inflow
Metros		Dec '24 - Feb '25
1	Los Angeles, CA	1,111
2	San Francisco, CA	944
3	Dallas, TX	926
4	Seattle, WA	663
5	Salt Lake City, UT	563
6	Houston, TX	523
7	Washington, DC	305
8	McAllen, TX	266
9	New York, NY	256
10	San Diego, CA	218

People are leaving Driftwood for

Outbound		Net outflow
Metros		Dec '24 - Feb '25
1	Killeen, TX	234
2	Corpus Christi, TX	184
3	Albuquerque, NM	112
4	San Antonio, TX	109
5	Raleigh, NC	97
6	Minneapolis, MN	80
7	Kerrville, TX	73
8	College Station, TX	68
9	Asheville, NC	67
10	Fort Collins, CO	58

Methodology

This data does not reflect actual moves. The latest migration analysis is based on a sample of about two million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.

Schools in Driftwood

Learn about schools in the Driftwood area

Elementary
Middle
High

GreatSchools Rating

No elementary schools in this region.

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.

Wind Factor - Severe

58% of properties are at major risk of a severe wind event over the next 30 years

Heat Factor - Severe

100% of properties are at severe risk of heat over the next 30 years

Provided by First Street Foundation

More real estate resources for Driftwood

New Listings in Driftwood

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