Dripping Springs Market Update — June 2026
As of mid-2026, the Dripping Springs median sale price is approximately $625,700 (MLS, trailing 12 months), homes are averaging about 66 days on market, and year-over-year pricing is running roughly 5%–13% below last year depending on the data source.
This month's numbers
Median sale price (trailing 12 mo., MLS)
~$625,700
Median days on market
~66 days
Closed sales (trailing 12 mo.)
584 homes
Median list price (city-wide)
~$665,000
Avg. price per bedroom
~$200,200 (+3.9% YoY)
YoY price change
−5% to −13% by source/segment
Primary source: MLS data aggregated via the Austin Board of REALTORS® ACTRIS VOW feed, single-family residential. Refreshed monthly on the 5th to match the source's own update cycle.
The numbers, with sources and dates
| Metric | Value | As of |
|---|---|---|
| Median sale price (trailing 12 mo., MLS) | ~$625,700 | Data through Apr 2026 |
| Price per bedroom (avg.) | ~$200,200 (+3.9% YoY) | Apr 2026 |
| Median days on market | ~66 days | Apr 2026 |
| Closed sales, trailing 12 months | 584 homes | Apr 2026 |
| Median list price (city-wide) | ~$665,000 (−3.5% MoM) | Mid-Jan 2026 |
| Median days on market (list-side) | ~113 days avg. | Jan 2026 |
| YoY price change (MLS, local brokerage analysis) | Roughly −5% to −13% by source/segment | Late 2025–early 2026 |
Why the numbers differ: Redfin, Zillow, and Movoto each report different medians for the same period because they measure different things — sale price, list price, or an automated valuation index — over different trailing windows. We name the source and the as-of date next to every figure instead of averaging them.
Market narrative — June 2026
Dripping Springs is still working through a correction. After several years of rapid appreciation, MLS medians and price indices are running roughly 5% to 13% below year-ago levels depending on which source and segment you look at, inventory has grown, and homes are sitting longer. The trailing-12-month median sale price of about $625,700 sits well below the city-wide median list price near $665,000 — a gap that tells you sellers are still asking more than the market is closing at.
For buyers that spread is the opportunity. Price reductions are common, and well-prepared buyers are negotiating on price, closing costs, and rate buydowns at the same time. For sellers, the takeaway is pricing discipline: the homes that move are the ones priced to the last 60 days of closings, not to 2022 comps. Well-priced, move-in-ready homes are still selling noticeably faster than the average.
Where prices are heading
The single biggest variable in Dripping Springs pricing is supply. More than 8,000 newly permitted lots are in the pipeline across Double L Ranch, Wild Ridge, Headwaters, and the Caliterra expansion. As those homes deliver, new construction competes directly with resale inventory — and builders can discount with incentives in ways individual sellers cannot.
That is why this page is updated monthly rather than annually. A number from last spring is not useful for pricing a home or writing an offer today.
New construction update
Double L Ranch (~1,600+ acres, 2,200+ homes planned near Ranch Road 12) continues phased releases with Highland Homes, Scott Felder Homes, Perry Homes, Westin Homes, and Drees Custom Homes. Note the MUD tax when you underwrite payments there.
Wild Ridge (283 acres, ~900–960 homes north of Hwy 290) is moving through phased approvals, and Headwaters — 1,000 permitted lots with David Weekley, Dream Finders, Drees, and Taylor Morrison — continues selling later phases around its completed amenity center. The Ranches at Caliterra expansion adds inventory to an already-established community, which is worth watching if you own in older Caliterra sections.
Get the new Dripping Springs market report each month + first look at new-construction releases.
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