Dripping Springs
Real Estate
Texas Hill Country West of Austin
A buyer-friendly Hill Country market with a 2026 median around $575,000 and 8,000+ new lots across Wild Ridge, Double L Ranch & Headwaters — all within Dripping Springs ISD.
~$665K
Median list
~113
Avg. days on market
~28 days
Well-priced sell in
Tracy Godfrey or Herb Agapetus will follow up personally — usually within a few hours.
Dripping Springs is a fast-growing Hill Country market west of Austin where the 2026 median sale price is around $575,000 in a buyer-friendly, correcting market, with more than 8,000 new home lots permitted across major communities like Wild Ridge, Double L Ranch, and Headwaters.
The Dripping Springs market in 2026
Dripping Springs has shifted to a buyer's market in 2026. Prices have corrected from their peak — down roughly 12.7% year-over-year as of late 2025 — while inventory and new construction have surged. That means real negotiating room: recent closings have come in around 6.8% below asking. At the same time, 8,000+ new lots are coming online, so buyers have an unusually wide choice between resale value and brand-new builds.
Dripping Springs numbers right now
2026 YTD median sale price
~$614,000
April 2026 median sale (~50 closings)
~$575,750
Median list price (mid-Jan 2026)
~$665,000
Year-over-year price change (Dec 2025)
↓ ~12.7%
Average days on market
~113
Well-priced homes sell in
~28 days
List-to-close ratio
~93.2%
Closings vs. asking
~6.8% under
New lots permitted
8,000+
Last updated: June 2026 — refreshed monthly
Why buyers are looking here in 2026
Negotiating leverage
A corrected, buyer-friendly market — recent closings land around 6.8% below asking.
New-construction choice
8,000+ newly permitted lots mean brand-new build options alongside resale value.
Hill Country lifestyle
West of Austin's crowding, with Dripping Springs ISD schools and Hill Country views.
Get the new Dripping Springs market report each month + first look at new-construction releases.
