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DRIPPING SPRINGS, TX 78620

Real Estate Market Report  ·  Hays County
Balanced Market
April 2026  ·  Source: Realtor.com

Market Analysis

Data as of April 2026. Source: Realtor.com.

The DRIPPING SPRINGS, TX real estate market (78620) currently shows 274 active listings, with 78 pending sales. Homes are averaging 42 days on the market before going under contract.

Inventory has tightened compared to last year, with 6 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 42 days on market compared to 41 days last year.

The median listing price has fallen 2.3% year-over-year, from $874,947 to $854,498.

Whether you are buying or selling in DRIPPING SPRINGS, TX, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 19,893  ·  Density: 43.7/mi²  ·  Median household income: $138,639

Typical home value: $585,291  ·  Homeownership: 86.0%

Market Overview

Active Listings
274
⇩ 2.1% vs 280 last year
Pending
78
28% pending ratio
Median Price
$854,498
⇩ 2.3% vs $874,947 last year
Average Price
$1,201,304
⇩ 0.9% vs $1,211,870 last year
Days on Market
42
⇧ 2.4% vs 41 days last year

Price Per Square Foot

Median $/sqft
$309
⇧ 3.7% vs $298/sqft last year
Median Home Size
2,833 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 274 this year vs 280 last year
  • Days on market: 42 now vs 41 last year

Median & Average Pricing

Year over Year
  • Median: $854,498 (-2.3% YoY)
  • Average: $1,201,304 (-0.9% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 22.1 miles — 2,148 listings ($2,388,959,827 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
78620Dripping Springs, TX 786200.0 mi202$267,442,748$834,500$1,323,974
78738Austin, TX 7873810.4 mi220$349,553,380$953,223$1,588,879
78736Austin, TX 7873611.2 mi26$17,975,594$497,470$691,369
78669Spicewood, TX 7866914.7 mi231$342,406,911$990,000$1,482,281
78734Austin, TX 7873415.7 mi203$232,850,541$701,225$1,147,047
78749Austin, TX 7874916.6 mi72$40,719,528$554,950$565,549
78663Round Mountain, TX 7866317.0 mi15$23,997,120$1,250,000$1,599,808
78732Austin, TX 7873218.1 mi76$185,183,120$1,354,500$2,436,620
78645Leander, TX 7864518.6 mi321$239,389,281$521,108$745,761
78748Austin, TX 7874819.1 mi131$57,831,129$412,448$441,459
78745Austin, TX 7874520.1 mi296$161,061,888$479,450$544,128
78730Austin, TX 7873020.2 mi61$137,803,209$1,187,000$2,259,069
78704Austin, TX 7870422.1 mi294$332,745,378$779,225$1,131,787

Frequently Asked Questions

How many homes are for sale in DRIPPING SPRINGS, TX 78620?

As of April 2026, there are 274 active listings in DRIPPING SPRINGS, TX (zip code 78620), compared to 280 the prior year.

What is the median home price in DRIPPING SPRINGS, TX 78620?

The median listing price in DRIPPING SPRINGS, TX 78620 is $854,498 as of April 2026, a 2.3% decrease from $874,947 the prior year.

How long do homes stay on the market in DRIPPING SPRINGS, TX?

Homes in DRIPPING SPRINGS, TX 78620 spend an average of 42 days on the market before going under contract, compared to 41 days the prior year.

Is it a seller's or buyer's market in DRIPPING SPRINGS, TX 78620?

Based on current inventory and days-on-market data as of April 2026, DRIPPING SPRINGS, TX 78620 is currently a Balanced Market. Inventory has tightened compared to last year, with 6 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 42 days on market compared to 41 days last year.

How much can I save on real estate commission in DRIPPING SPRINGS, TX?

With SELL123.com's maximum 3% commission, sellers in DRIPPING SPRINGS, TX 78620 save an estimated $17,090 compared to a typical 5% commission on the median listing price of $854,498. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.