78620 Home Values & Market Trends
There are 689 homes currently listed for 78620. 78620 real estate market trends show that home prices range from $159,900 to $5,995,000, and the median sales price in the 78620 zip code is $670,804. The total number of properties sold within the past twelve months is 463. In 78620, 10 properties are in foreclosure, 2 are bank owned properties,and 8 are headed for auction.
Housing Market Summary for 78620
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $749K | $699.5K | -6.62% |
| Median Sold Price | $767.1K | $766.4K | -0.09% |
| Homes For Sale | 461 | 682 | 47.94% |
| Homes Sold | 216 | 192 | -11.11% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in 78620
Browse Homes in 78620
The median list price of a home in Dripping Springs, is $670,804. A total of 689 properties are for sale, and the percentage of properties for sale in the zip code is 689.00%. The total count of 78620 properties is 901.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in 78620 with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 78620; of that cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 78620 ranges from the highest value of $827,773 in dripping springs to the lowest value of $525,057 in dripping springs. Bank owned homes and properties account for 0.22% of properties in 78620. There is 1 cities within 78620; dripping springs containing 2 REO properties, has the highest number of bank owned properties in a single city.
- Auctionsdripping springs has 8 auction properties, the highest number of properties going to auction in a single city in the state of 78620. Auction homes and other auction properties account for 0.89% of all properties in 78620. There is 1 cities within 78620; of that cities, the median estimated home value for homes going to auction ranges from $2,139,000 in dripping springs to the lowest value of $425,529 in dripping springs.
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Guide for 78620
Learn the pros and cons of buying a foreclosed property and invest in a foreclosure with confidence
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.