New Listing
10
$175,000
262 Beauchamp Rd
Dripping Springs, TX 78620
Land1.73 acres
Compass RE Texas, LLC
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Sarah Mitchell
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Compass Real Estate · Dripping Springs, TX
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
Dripping Springs, TX(512) 555-0184TX License #0512847
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Dripping Springs, TX Housing Market & Real Estate
Leaning buyer's-5.7% YoY
Housing market overview · Updated monthly ·
$495,000median sale price
How is the Dripping Springs, TX housing market right now?
The median home sale price in Dripping Springs, TX is $495,000, down 5.7% year-over-year. Homes sell in an average of 84 days with 103 active listings. The market is currently a leaning buyer's. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Dripping Springs a buyer's or seller's market?
Leaning buyer's4.1 months of supply84 avg. days on market
Dripping Springs, TX is currently a leaning buyer's, based on 4.1 months of supply and homes selling in about 84 days. How we determine this →
Homes sold
25
Last 12 weeks
Days on market
84
Average pace
Active listings
103
4.1 months supply
Sale-to-list
97.7%
Below asking
What does the Dripping Springs housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $495,000 |
| Median list price | $609,950 |
| Year-over-year price change | -5.7% |
| Average days on market | 84 days |
| Active inventory | 103 listings |
| Months of supply | 4.1 months |
| Sale-to-list price ratio | 97.7% |
| Median price per sq ft | $243/sq ft |
| Homes sold (latest month) | 25 |
| New listings (latest month) | 28 |
| Listings with a price cut | 35.9% |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
How much do homes cost in Dripping Springs by property type?
How the Dripping Springs, TX market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $495,000 | $243/sq ft | 25 | 84 days |
| Condo / Co-op | $523,200 | $269/sq ft | 1 | 12 days |
Source: Redfin · Updated monthly
The Dripping Springs housing market is currently classified as a leaning buyer's with a median sale price of $495,000. Prices have fallen 5.7% compared to last year, with homes spending an average of 84 days on market, indicating 4.1 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 6.6x provides context for how home values compare to local earning capacity.
Homes for sale in Dripping Springs
There are currently 103 homes listed for sale in Dripping Springs, Texas. The median listing price is $610K. Featured listings range from $175,000 to $1,599,000.
New Listing
26
$350,000
Hidden Hills Dr
Dripping Springs, TX 78620
Land2.07 acres
Homes ATX
View photos & details
New BuildPrice Drop −$6K
$439,990
479 Bishop Wood Rd
Dripping Springs, TX 78620
4 bd3 ba2,289 sqft$192/ft²
House
View photos & details
New Build
$554,990
148 Norway Spruce St
Dripping Springs, TX 78620
4 bd3 ba2,441 sqft$227/ft²
House
View photos & details
New Listing
30
$575,000
368 Founders Rdg
Dripping Springs, TX 78620
3 bd2 ba2,134 sqft$269/ft²
House8,189 sqft lot
Keller Williams Realty
View photos & details
New Listing
40
$625,000
154 Bartlett Peak Ln
Dripping Springs, TX 78620
5 bd4 ba3,444 sqft$181/ft²
House8,712 sqft lot
Keller Williams Realty
View photos & details
New Listing
40
$699,000
17600 Lake Shore Dr
Dripping Springs, TX 78620
4 bd4 ba2,832 sqft$247/ft²
House8,712 sqft lot
Keller Williams Realty
View photos & details
New Listing
30
$1,050,000
620 Windy Hills Rd
Dripping Springs, TX 78620
3 bd3 ba2,134 sqft$492/ft²
House4.00 acres
Compass RE Texas, LLC
View photos & details
New Build
10
$1,089,900
469 Bridge Water Loop
Dripping Springs, TX 78620
5 bd5 ba3,731 sqft$292/ft²
House
View photos & details
New Build
24
$1,199,000
318 Silver Sage Ct
Dripping Springs, TX 78620
4 bd5 ba3,756 sqft$319/ft²
House
View photos & details
New Listing
40
$1,350,000
301 Medlin Creek Loop
Dripping Springs, TX 78620
3 bd3 ba3,500 sqft$386/ft²
House2.30 acres
Magnolia Realty Austin Hill Co
View photos & details
New Listing
36
$1,599,000
816 Drifting Wind Run
Dripping Springs, TX 78620
4 bd4 ba4,040 sqft$396/ft²
House6.73 acres
Keller Williams Realty
View photos & details
Looking to buy in Dripping Springs?
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Active listings
103
Homes on market
Median list price
$610K
Avg. days on market
84
Days until sale
New this week
28
Newly listed
Price drops:35.9%of listings
Sale-to-list:97.7%
Who lives in Dripping Springs?
Population
6,322
Median income
$106,103/yr
Median age
37.3 years
Owner-occupied
51.4%
College grads
63.1%
Avg commute
25.2 min
Source: U.S. Census Bureau ACS
What are homes worth in Dripping Springs?
Zillow home value
$700,624
Zillow rent index
$2,619/mo
Price-to-rent ratio
22.3x
Price-to-income
6.6x
Source: Zillow Research
What is it like to live in Dripping Springs?
Dripping Springs is a community of approximately 6K residents with a median age of 37.3 years.The median household income is $106,103, which reflects a relatively affluent area with strong earning potential. 63.1% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 51.4%, showing a blend of owner and renter-occupied properties. The average commute time is 25.2 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Dripping Springs offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Dripping Springs?
4 schools tracked · 5,379 students
The largest public schools serving Dripping Springs, TX by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
DRIPPING SPRINGS H S
Grades 9-12 · 2,484 students
DRIPPING SPRINGS EL
Grades PK-5 · 1,059 students
DRIPPING SPRINGS MIDDLE
Grades 6-8 · 920 students
WALNUT SPRINGS EL
Grades PK-5 · 916 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Dripping Springs, TX?
Want a head-to-head view? Compare Dripping Springs side-by-side with any other U.S. city using our market-comparison tool.
Which ZIP codes are in Dripping Springs?
Is Dripping Springs a good real estate investment market?
For investors evaluating Dripping Springs, the price-to-rent ratio of 22.3x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 5.7% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Dripping Springs's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Dripping Springs's median home price.
Frequently asked questions
What is the average home price in Dripping Springs?
The median home sale price in Dripping Springs is $495,000, down 5.7% from last year.
How long do homes stay on market in Dripping Springs?
Homes typically spend 84 days on market before going under contract.
What is the median income in Dripping Springs?
The median household income is $106,103 per year.
Is Dripping Springs a buyer's or seller's market?
With 4.1 months of supply, Dripping Springs is currently a leaning buyer's.
How many homes are for sale in Dripping Springs?
There are currently 103 homes listed for sale in Dripping Springs, TX.
What is the Zillow home value estimate for Dripping Springs?
The Zillow Home Value Index (ZHVI) for Dripping Springs is $700,624, representing the typical home value in the area.
What is the median condo price in Dripping Springs?
The median condo/co-op sale price in Dripping Springs, TX is $523,200, compared to $495,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Dripping Springs?
The median single-family home price in Dripping Springs, TX is $495,000 (about $243 per square foot).
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