Dripping Springs · 78620 · Hays County
Dripping Springs homes sold for a median $515,000 over the last 12 months, across 51 sales. 23 are for sale today, and they take about 6 weeks to go under contract.
Every active listing inside the Dripping Springs boundary, updated from the MLS.
For Sale
27320 Ranch Road 12 None #C Dripping Springs, TX 78620
$697,500
For Sale
27320 Ranch Road 12 Dripping Springs, TX 78620
$2,400,000
For Sale
27900 Ranch Road 12 Dripping Springs, TX 78620
$4,250,000
For Sale
801 W Highway 290 Dripping Springs, TX 78620
$1,150,000
For Sale
000 Ranch Road 12 Dripping Springs, TX 78620
$725,000
For Sale
800 W Hwy 290 #E Dripping Springs, TX 78620
$525,000
For Sale
800 W Highway 290 None #D Dripping Springs, TX 78620
$1,100,000
For Sale
201 Springlake Dr Dripping Springs, TX 78620
$450,000
For Sale
200 & 250 Sportsplex Dr Dripping Springs, TX 78620
$1,500,000
For Sale
TBD Ranch Road 12 Dripping Springs, TX 78620
$598,000
For Sale
603 W Highway 290 Hwy Dripping Springs, TX 78620
$895,000
For Sale
197 Evelyn Ct Dripping Springs, TX 78620
$1,199,850
Inside the Dripping Springs city limits, prices rose sharply over the last year even as the number of sales fell. Over the last 12 months, 51 homes sold at a median of $515,000, up 14.5% from $449,615 the year before, on 75 sales.
Homes are moving faster. The median home went under contract in 41 days, down from about 47 days. Sellers are getting closer to their first number: the typical home sold for 95.7% of its original list price, up from 94.4%. The share of sold homes that needed a price cut dropped from 61% to 51%.
With 23 homes for sale and about 4.2 sales a month, Dripping Springs has 5.4 months of supply. That is a balanced market. Buyers have room to negotiate on homes that launched above the recent sales, and homes priced to the market still go under contract on a normal timeline.
All 51 sales inside the Dripping Springs city boundary over the last 12 months were single-family houses. The housing is new: the median sold house was built in 2017, and 22 of the 51 were built in 2020 or later. A year earlier, 55 of the 75 houses sold were built in 2020 or later, so this year's price rise partly reflects a different mix of homes. The median sold house had about 2,303 square feet and sold for about $222 a square foot. The median home for sale today is listed at $578,573, and the most expensive active listing is $1,575,000.
The median Dripping Springs home took 41 days from listing to contract over the last 12 months, counted on cumulative days on market so a relisted home is not reset to zero. 51 percent of the homes that sold had cut their price at least once, and the typical home closed at 95.7% of its original list price.
For sellers, the practical read is that the first price does the work. Homes that launch in line with the recent sales go under contract well inside the median, and homes that launch above them tend to sit, cut, and sell for less than a well-priced launch would have brought.
Dripping Springs is in Hays County on US 290, about 25 miles west of downtown Austin, in the 78620 ZIP code. The city limits are small. Much of what people call Dripping Springs, including many larger-lot subdivisions, sits outside the city boundary, so these figures describe the town itself rather than the whole 78620 area.
These figures are residential closed sales (single-family, condo and townhome) from the ACTRIS MLS whose location falls inside the Dripping Springs neighborhood boundary used by our map search. Leases and sales under $40,000 are excluded. The current period is the 12 months ending September 27, 2026, compared with the 12 months before it. Days on market are cumulative. The for-sale count covers active single-family, condo and townhome listings; the map search also shows lots, land and other listing types, so its total can be higher. We publish neighborhood totals only, never an individual home's sale price.
Residential closed sales inside the Dripping Springs neighborhood boundary, ACTRIS MLS.
| Measure | Last 12 months | Prior 12 months | Change |
|---|---|---|---|
| Homes sold | 51 | 75 | -32% |
| Median sale price | $515,000 | $449,615 | +14.5% |
| Median days on market | 41 | 47 | 6 days faster |
| Sale price vs. original list | 95.7% | 94.4% | +1.2 pts |
| Share that cut price | 51% | 61% | -10 pts |
The median home inside the Dripping Springs city boundary sold for $515,000 over the 12 months ending September 2026, across 51 residential sales in the ACTRIS MLS. That is up 14.5% from $449,615 the year before. Part of that rise is mix: 22 homes built in 2020 or later sold this year, against 55 the year before. The median home for sale today is listed at $578,573.
Over the last 12 months, the median house that sold inside the Dripping Springs city boundary had about 2,303 square feet and sold for $515,000, or about $222 a square foot. All 51 sales were single-family houses. The median sold house was built in 2017, and 22 were built in 2020 or later, so buyers are mostly comparing newer homes, where lot size and builder matter most.
Inside the city boundary, Dripping Springs has about 5.4 months of supply as of September 2026, a balanced market. The median home took 41 days to go under contract, and 51% of homes that sold had cut their price, down from 61%. The typical home closed at 95.7% of its original list price. Buyers have room on homes that launched high, but less than a year ago.
Yes. Over the same 12 months, homes inside the Dripping Springs city boundary sold for a median of $515,000 across 51 sales, while homes inside the Buda city boundary sold for a median of $399,000 across 156 sales. The median Dripping Springs house that sold was a little larger, about 2,303 square feet against 2,145 in Buda, and sold for about $222 a square foot against about $180.
Decide first whether you want to be inside the city limits or in the larger-lot areas around it, because they are different markets with different utilities and rules. Set up a saved search on that boundary. For new construction, have an independent inspector check the house. Outside town, if a home is on a well, septic system or propane, add those inspections and order a survey.
Competing with new construction on price alone. Over the last year, 51% of homes that sold inside the city boundary cut their price, and the typical home closed at 95.7% of its original list price. Buyers here can often choose a new build with incentives, so a resale home needs a price that holds up against those alternatives, and it should show what a new home would not have.
A lot, measured over the last 12 months. Of the 51 houses that sold inside the Dripping Springs city boundary, 33 were built in 2010 or later and 22 in 2020 or later. The year before, 55 of the 75 houses sold were built in 2020 or later. The median sold house was built in 2017, so most buyers here are choosing among recent homes rather than older ones.
The median home inside the Dripping Springs city boundary took 41 days to go under contract over the last 12 months, counted on cumulative days on market so relisted homes are not reset. That is faster than the year before, when the median was 47 days. Add roughly 30 to 45 days from contract to closing. A home priced in line with recent sales usually beats the median.
Dripping Springs is in the 78620 ZIP code, and all 51 sales inside the city boundary over the last 12 months carried a 78620 address. The ZIP code covers far more than the city itself, including many subdivisions and acreage outside the city limits, so ZIP-level statistics describe a much larger and different market. The figures on this page come only from sales inside the city boundary.
Request a home value from us and we will price it against the Dripping Springs sales that actually match it: similar size, age and lot, from the last 12 months of ACTRIS MLS closings nearby. For context, the median inside the city boundary was $515,000 across 51 sales, and the typical home closed at 95.7% of its original list price. An online estimate cannot see lot quality, views or finishes.
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All information provided herein has been obtained from sources believed reliable, but may be subject to errors, omissions, change of price, prior sale, or withdrawal without notice. Vince Realty makes no representation, warranty or guaranty as to accuracy of any information contained herein. You should consult your advisors for an independent verification of any properties.
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