The housing market in Driftwood, TX is looking very strong. The median value for a home here is currently $922,000, which is significantly higher than the US median value of $338,100. In addition to this, the 1 year house appreciation in Driftwood was 13.25%, which is considerably higher than the US rate of 8.27%. This suggests a strong and healthy housing market in Driftwood, TX and it appears to be a good time for people to invest or buy property here.
The median home cost in Driftwood is $922,000. Home appreciation the last 10 years has been 174.5%. Home Appreciation in Driftwood is up 20.0%.
Average Age of Homes
- The median age of Driftwood real estate is 25 years old
The Rental Market in Driftwood
- Renters make up 54.5% of the Driftwood population
- 41.3% of houses and apartments in Driftwood, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.