Driftwood, TX—78619
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Driftwood, TX
As of Oct '25, the median home price in Driftwood, TX is $906,000, with a year-over-year change of -5.3%. This indicates that home prices in Driftwood, TX are decreasing. According to Zillow, the 1-year price projection is -1.8%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $906,000 | -5.3% |
| Single Family | $910,000 | -5.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $767,000 | -5.2% |
4 Bed | $949,000 | -6.3% |
| 5 Bed | $1,099,000 | -6.6% |
% of Housing Stock
Rental Trends — Driftwood, TX
As of July '25, Rentcast reports the average rent in Driftwood, TX is $4,460, with a year-over-year rent change of -5.5%. Per bedroom, the median rent as of July '25 in Driftwood, TX is 2-bedrooms: $3,600, 3-bedrooms: $4,140, 4-bedrooms: $4,830. The most common rental property sizes in Driftwood, TX are 2-bedroom and 3-bedroom, accounting for 54.7% and 35.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $4,500 | $4,460 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,200 | $3,600 |
| 3 Bed Rent | $4,000 | $4,140 |
| 4 Bed Rent | $5,200 | $4,830 |
% of Rental Stock
Property Listings — Driftwood, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Driftwood, TX is 76. This is a decrease of -22.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 16.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $964,000 | -18.0% |
Listing Count | 49 | 1.0% |
| Listings as % of Homes | 1.2% | 1.0% |
Days on Market | 76 | -22.0% |
Demographics — Driftwood, TX
As of the latest ACS Survey released in 2023, Driftwood, TX has a population of 6,900, which has increased by 54.1% over the past 5 years. Driftwood, TX is a moderately popular place for families, as children make up 24.6% of the population. The area has a highly educated workforce, with 55.2% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 41.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 6,900 | 54.1% |
% Under 18 | 24.6% | -12.5% |
% Seniors | 23.4% | 51.0% |
% WFH | 41.4% | 105.0% |
% w/ College Degree | 55.2% | 2.2% |
As of the latest ACS Survey released in 2023, Driftwood, TX is a predominantly white area, with 87.1% of the population identifying as white. The white population has grown by 8.3% in the last 5 years. The second most common race or ethnicity in Driftwood, TX is hispanic, making up 11.5% of the population. Foreign-born residents account for 5.5% of the population in Driftwood, TX, and this percentage has increased by 1.9% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 87.1% | 8.3% |
% Black | 0.0% | -100.0% |
% Hispanic | 11.5% | -23.8% |
% Asian | 0.1% | -66.7% |
% Foreign Born | 5.5% | 1.9% |
Mortgage and Risk — Driftwood, TX
Driftwood, TX lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Driftwood, TX
Driftwood, TX lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,570 |
| 2 Bedroom | $650 | $1,200 | $1,850 |
| 3 Bedroom | -$1,640 | $4,000 | $2,360 |
| 4 Bedroom | -$2,460 | $5,200 | $2,740 |
Affordability — Driftwood, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.9 |
| Median Home Price | $906,000 |
| Median Household Income | $172,000 |