Dripping Springs, TX Home Values & Market Trends
Real estate market trends reflect that there have been 463 transactions over the past year in Dripping Springs. The median value for residential home transactions that occurred over the previous year is $670,804. The number of current listings in Dripping Springs is 689, and the percentage of properties for sale in the city is 689.00%. Dripping Springs, TX currently has 10 properties in foreclosure, 2 bank owned properties, 8 properties headed for auction, and 689 properties for sale.
Dripping Springs, TX Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 78620 | $ 670,804 $ 264/sqft |
Housing Market Summary for Dripping Springs, TX
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $749K | $699.5K | -6.62% |
| Median Sold Price | $767.7K | $766.4K | -0.18% |
| Homes For Sale | 454 | 682 | 50.22% |
| Homes Sold | 215 | 192 | -10.70% |
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 Dripping Springs, TX
Browse Homes in Dripping Springs, TX
Dripping Springs home values range from $285,014 to $5,249,000. The median estimated value of a home in Dripping Springs is $670,804. The median list price of a home is 699,450, and the total count of properties in the city is 901.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Dripping Springs, TX with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Dripping Springs, TX; of that zips, 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 Dripping Springs, TX ranges from the highest value of $827,773 in 78620 to the lowest value of $525,057 in 78620. Bank owned homes and properties account for 0.22% of properties in Dripping Springs, TX. There is 1 zips within Dripping Springs, TX; 78620 containing 2 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions78620 has 8 auction properties, the highest number of properties going to auction in a single zip in the state of Dripping Springs, TX. Auction homes and other auction properties account for 0.89% of all properties in Dripping Springs, TX. There is 1 zips within Dripping Springs, TX; of that zips, the median estimated home value for homes going to auction ranges from $2,139,000 in 78620 to the lowest value of $425,529 in 78620.
Compare Nearby Cities
More Real Estate Resources for Dripping Springs, TX
Guide for Dripping Springs, TX
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.