Driftwood Acres—98940
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Driftwood Acres
As of Oct '25, the median home price in Driftwood Acres is $563,000, with a year-over-year change of -4.0%. This indicates that home prices in Driftwood Acres are decreasing. According to Zillow, the 1-year price projection is -0.4%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $563,000 | -4.0% |
| Single Family | $585,000 | -4.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $463,000 | -3.3% |
2 Bed | $527,000 | -5.2% |
3 Bed | $755,000 | -5.6% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Driftwood Acres
As of July '25, Rentcast reports the average rent in Driftwood Acres is $1,450, with a year-over-year rent change of -48.2%. Per bedroom, the median rent as of July '25 in Driftwood Acres is 1-bedrooms: $1,450. The most common rental property sizes in Driftwood Acres are 3-bedroom and studio, accounting for 100.0% and 0.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,450 | $1,450 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,450 | $1,450 |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Driftwood Acres
As of Oct '25, Realtor.com reports that the median days on market for a home in Driftwood Acres is 79. This is a increase of 2.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 15.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $833,000 | 3.0% |
Listing Count | 41 | 33.0% |
| Listings as % of Homes | 1.0% | 33.0% |
Days on Market | 79 | 2.0% |
Demographics — Driftwood Acres
As of the latest ACS Survey released in 2023, Driftwood Acres has a population of 461, which has increased by 61.2% over the past 5 years. Driftwood Acres is a less popular place for families, as children make up 0.0% of the population. The area has a moderately educated workforce, with 35.4% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 28.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 461 | 61.2% |
% Under 18 | 0.0% | -100.0% |
% Seniors | 46.2% | 15.8% |
% WFH | 28.1% | ∞% |
% w/ College Degree | 35.4% | -2.2% |
Driftwood Acres lacks sufficient race and ethnicity data for analysis.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 96.7% | -3.3% |
% Black | 0.0% | N/A |
% Hispanic | 0.0% | N/A |
% Asian | 0.0% | N/A |
% Foreign Born | 0.0% | N/A |
Mortgage and Risk — Driftwood Acres
Driftwood Acres 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 Acres
Driftwood Acres 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 | -$380 | $1,450 | $1,070 |
| 2 Bedroom | N/A | N/A | $1,390 |
| 3 Bedroom | N/A | N/A | $1,930 |
| 4 Bedroom | N/A | N/A | $2,300 |
Affordability — Driftwood Acres
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.1 |
| Median Home Price | $563,000 |
| Median Household Income | $123,000 |