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DRIPPING SPRINGS, TX 78620

Real Estate Market Report  ·  Hays County
Buyer's Market
February 2026  ·  Source: Realtor.com

Market Analysis

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

The DRIPPING SPRINGS, TX real estate market (78620) currently shows 202 active listings, with 52 pending sales. Homes are averaging 83 days on the market before going under contract.

Inventory has increased compared to last year, with 35 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 83 days on market compared to 52 days last year.

The median listing price has fallen 5.4% year-over-year, from $882,450 to $834,500.

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
202
⇧ 21% vs 167 last year
Pending
52
26% pending ratio
Median Price
$834,500
⇩ 5.4% vs $882,450 last year
Average Price
$1,323,974
⇧ 3.8% vs $1,275,788 last year
Days on Market
83
⇧ 59.6% vs 52 days last year

Price Per Square Foot

Median $/sqft
$294
⇩ 0.3% vs $295/sqft last year
Median Home Size
2,740 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 202 this year vs 167 last year
  • Days on market: 83 now vs 52 last year

Median & Average Pricing

Year over Year
  • Median: $834,500 (-5.4% YoY)
  • Average: $1,323,974 (+3.8% 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 — 1,940 listings ($2,086,361,559 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
78620Dripping Springs, TX 786200.0 mi173$220,995,044$788,705$1,277,428
78738Austin, TX 7873810.4 mi185$279,594,015$913,126$1,511,319
78736Austin, TX 7873611.2 mi21$20,131,314$725,000$958,634
78669Spicewood, TX 7866914.7 mi226$336,111,494$949,000$1,487,219
78734Austin, TX 7873415.7 mi184$209,682,352$715,000$1,139,578
78749Austin, TX 7874916.6 mi63$37,175,103$580,000$590,081
78663Round Mountain, TX 7866317.0 mi14$22,512,812$1,272,500$1,608,058
78732Austin, TX 7873218.1 mi71$153,074,793$1,225,000$2,155,983
78645Leander, TX 7864518.6 mi292$216,392,148$519,000$741,069
78748Austin, TX 7874819.1 mi127$57,434,480$406,000$452,240
78745Austin, TX 7874520.1 mi271$147,834,294$482,750$545,514
78730Austin, TX 7873020.2 mi46$107,193,156$985,000$2,330,286
78704Austin, TX 7870422.1 mi267$278,230,554$759,000$1,042,062

Frequently Asked Questions

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

As of February 2026, there are 202 active listings in DRIPPING SPRINGS, TX (zip code 78620), compared to 167 the prior year.

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

The median listing price in DRIPPING SPRINGS, TX 78620 is $834,500 as of February 2026, a 5.4% decrease from $882,450 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 83 days on the market before going under contract, compared to 52 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 February 2026, DRIPPING SPRINGS, TX 78620 is currently a Buyer's Market. Inventory has increased compared to last year, with 35 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 83 days on market compared to 52 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 $16,690 compared to a typical 5% commission on the median listing price of $834,500. 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.