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DRIPPING SPRINGS, TX 78620

Real Estate Market Report
Buyer's Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The DRIPPING SPRINGS, TX real estate market (78620) currently shows 239 active listings, with 60 pending sales. Homes are averaging 46 days on the market before going under contract.

Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 46 days on market compared to 33 days last year.

The median listing price has fallen 4.1% year-over-year, from $857,950 to $822,500.

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
239
⇧ 0.8% vs 237 last year
Pending
60
25% pending ratio
Median Price
$822,500
⇩ 4.1% vs $857,950 last year
Average Price
$1,251,519
⇧ 3% vs $1,214,805 last year
Days on Market
46
⇧ 39.4% vs 33 days last year

Price Per Square Foot

Median $/sqft
$300
⇧ 0.7% vs $298/sqft last year
Median Home Size
2,810 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 239 this year vs 237 last year
  • Days on market: 46 now vs 33 last year

Median & Average Pricing

Year over Year
  • Median: $822,500 (-4.1% YoY)
  • Average: $1,251,519 (+3% 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 March 2026, there are 239 active listings in DRIPPING SPRINGS, TX (zip code 78620), compared to 237 the prior year.

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

The median listing price in DRIPPING SPRINGS, TX 78620 is $822,500 as of March 2026, a 4.1% decrease from $857,950 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 46 days on the market before going under contract, compared to 33 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 March 2026, DRIPPING SPRINGS, TX 78620 is currently a Buyer's Market. Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 46 days on market compared to 33 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 $16,450 compared to a typical 5% commission on the median listing price of $822,500. 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.