Market Overview
Home Prices in Driftwood, TX
The median home value in Driftwood, TX is $934,441 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 2.2% compared to a year ago and down 3.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Driftwood are priced128% above average. Driftwood is part of the Austin-Round Rock-Georgetown, TX metro area.
Over the past five years, Driftwood home values have risen by approximately8.5%, reflecting steady appreciation in this market.
Price History
Driftwood Home Price Trend
City Comparison
Driftwood vs. National Median
At $934,441, homes in Driftwood cost 128% above the national median of $410,000. Buyers in Driftwood should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Driftwood?
20% Down Payment
$186,888
on $934,441
Monthly P&I
$4,873/mo
30-yr @ 6.8%
Total Monthly Est.
~$6,189/mo
incl. taxes & insurance
Income Needed
$247,560
gross annual (30% rule)
10% Down Option
$93,444
+ PMI applies
Loan Amount (20% dn)
$747,553
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Driftwood, TX?
The median home value in Driftwood is $934,441 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 2.2% year-over-year.
How much have home prices changed in Driftwood?
Over the past year, home values in Driftwood have decreased by 2.2%. Over five years, prices have risen approximately 8.5%.
How much do I need to earn to buy a home in Driftwood?
To comfortably afford the median home price of $934,441 with a 20% down payment ($186,888) at today's rates (6.8%), you'd need a gross annual income of approximately $247,560. This assumes keeping total housing costs at or below 30% of gross income.
How does Driftwood compare to the national average home price?
The national median home value is approximately $410,000. At $934,441, homes in Driftwood are 128% above the national average.
What metro area is Driftwood part of?
Driftwood is part of the Austin-Round Rock-Georgetown, TX metropolitan area. Home prices and market conditions can vary across the broader metro region.