What does a home in Caliterra cost?

Caliterra is a master-planned community of single-family homes in the Dripping Springs area, about 22 miles west of downtown Austin. Most of its homes are recent: the median home sold over the last year was built in 2023, and the median sold home had about 3,580 square feet. 51 homes sold there in the 12 months ending September 2026 at a median of $853,585, and 13 are for sale today.

Caliterra houses sold for a median of $853,585 across 51 sales in the last 12 months. Three-bedroom homes had a median of $575,000 across 9 sales, four-bedroom homes $877,000 across 29 sales, and homes with five or more bedrooms $997,809 across 11 sales. The median home for sale today is listed at $997,000, with active listings from $549,000 to $2,299,900. Lot size and square footage explain much of the spread within each bedroom group.

Caliterra is tighter than it was a year ago, with about 3.1 months of supply as of September 2026. Homes are selling faster, with a 51-day median against 86 days the year before, and closing closer to their first price, at 94.3% of original list against 88.8%. Buyers still have room on overpriced homes, since 49% of sellers cut their price, but well-priced homes are no longer sitting for months.

Yes, on the median. Over the last 12 months Caliterra's median sale was $853,585 across 51 sales, while Headwaters' was $679,000 across 70 sales. Much of that gap is size: the median Caliterra home that sold had about 3,580 square feet on roughly 0.28 acres, against about 2,900 square feet on roughly 0.17 acres in Headwaters. Comparing homes of the same size in each community gives a fairer read.

Start with a loan approval for your price band. At a median of $853,585, many buyers here are near or above the conforming loan limit, so check early whether you need a jumbo loan. Then set up a saved search inside the Caliterra boundary so new listings reach you the day they list. With 57% of recent sales built in 2023 or later, compare builder incentives against what resale sellers will negotiate.

Launching above the recent sales and waiting. A year ago that approach was common, and 69% of homes that sold had cut their price. This year the share fell to 49% and the median home sold for 94.3% of its original list, because more sellers priced to the market from day one. With builders still active nearby, a resale home priced against closed sales, not builder list prices, sells inside the 51-day median.

More than half of recent sales. Of the 51 homes sold in the last 12 months, 29, about 57%, were built in 2023 or later, and the median sold home was built in 2023. The oldest homes that sold date to 2015. Two of the 13 homes for sale today were built in 2025 or later. A near-new resale home often comes with finished landscaping and upgrades that a builder would charge extra for.

Four-bedroom homes were the most common sale in Caliterra over the last 12 months, with 29 sales at a median of $877,000. Three-bedroom homes had a median of $575,000 across 9 sales, and homes with five or more bedrooms $997,809 across 11 sales. Within the four-bedroom group, square footage, lot and build year move the price, so the best guide is recent sales of similar floor plans on nearby streets.

Caliterra is in the 78620 ZIP code: 50 of its 51 sales in the last 12 months were in 78620. That ZIP code covers much of the Dripping Springs area, including Headwaters and many acreage properties, so ZIP-level statistics blend very different homes. The figures on this page come only from sales inside the Caliterra boundary used by our map search, so they describe the community itself.

Request a home value from us and we will price it against the Caliterra sales that match it: similar floor plan, bedrooms, square footage, lot and build year, from the last 12 months of ACTRIS MLS closings. For context, the community median was $853,585 across 51 sales, and the typical home closed at 94.3% of its original list price. We will also show you the resale and new-build homes you would be competing with.