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Market Intelligence · TX / Hays County

Dripping Springs, TX home prices and housing market

1 ZIP market liveData updated September 2026Typical value$671K1-yr changeUp0.3%

The typical home value in Dripping Springs, TX is $671K as of September 2026, up 0.3% from a year ago, based on the Zillow Home Value Index. In the typical Dripping Springs ZIP code, the median list price is $831K and homes spend a median of 92 days on market as of September 2026 (Realtor.com).

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The coverage

Dripping Springs, by the numbers.

Typical home valueZillow ZHVI, September 2026
$671K
1-yr changeMedian across Dripping Springs ZIPs
+0.3%
ZIP markets live
1
County
Hays County

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12-month value trend

+0.3% over 12 months

Typical home value in Dripping Springs over the last 12 months: $669K in Sep 2025 to $671K in Sep 2026 (+0.3%).

Sep 2025$669K

Sep 2026$671K

Median Zillow home value index across Dripping Springs's ZIP codes.

Context

Dripping Springs home values have held fairly steady over the past year. The typical home value in the city was $671,454 as of September 2026, up 0.3% from a year earlier. Sellers have been pricing higher than that, with a median list price of $831,000. Buyers, however, are taking their time. Homes spent a median of 92 days on the market, and 18.4% of listings had taken a price cut. Inventory is not tight, with 204 homes for sale and 52 new listings added in September 2026. For a homeowner weighing a sale, the market is stable but slow, and patience and realistic pricing matter more than timing.

The numbers

What is the housing market like in Dripping Springs, TX?

Typical home value

$671K

Up0.3%YoY

Median list price

$831K

Days on market

92

Homes for sale

204

Price cuts

18.4%

New listings

52

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026)

Figures reflect Dripping Springs's ZIP codes with market data: values and listing medians take the median across ZIPs; inventory and new listings are summed.

Prices over time

Dripping Springs, TX home prices over time

Typical home values in Dripping Springs, TX are up 0.3% over the past year, from $669K in September 2025 to $671K in September 2026.

Typical home value in Dripping Springs, TX, September of each year
MonthTypical value1-yr change
September 2026$671,454+0.3%
September 2025$669,486No prior year

Typical value is the median Zillow Home Value Index across Dripping Springs ZIP codes, taken in September of each year so every row compares the same month.

Market balance

Is Dripping Springs, TX a buyer's or seller's market?

Dripping Springs, TX leans toward a buyer's market.

Homes are taking longer to sell and homes for sale are building up relative to new listings, which gives buyers more room to negotiate.

Based on a median of 92 days on market and 18% of listings with a price cut in the typical Dripping Springs ZIP code, and 52 new listings against 204 active listings across Dripping Springs, as of September 2026 (Realtor.com).

The outlook

Dripping Springs housing market forecast 2027

-2.0%

Weighted average of Zillow's ZIP forecasts, 12 months to September 2027

A weighted average of Zillow's ZIP forecasts, across 1 Dripping Springs ZIP code, points to typical home values falling 2.0% by September 2027.

Over the 12 months through September 2026, typical home values in Dripping Springs rose 0.3%, per the Zillow Home Value Index.

Will home prices drop in Dripping Springs?

The forecasts point that way: a weighted average of Zillow's ZIP forecasts for Dripping Springs shows typical home values falling 2.0% by September 2027, after a 0.3% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

How this is calculated: each ZIP code's 12-month Zillow forecast is weighted by its typical home value (Zillow Home Value Index, September 2026). 1 Dripping Springs ZIP code has both figures.

Forecast: a weighted average of Zillow's ZIP forecasts (Zillow Home Value Forecast, published October 2026), calculated by Home Value Pros. A forecast, not a guarantee.

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Live markets

What ZIP codes are live in Dripping Springs?

Typical value is the Zillow home value index (ZHVI) for each ZIP, as of September 2026. 1-yr change compares it to the same ZIP a year earlier.

Zillow ZHVI, September 2026

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Common questions

Questions about Dripping Springs, TX home prices.

How much is a home in Dripping Springs worth?

The typical home value in Dripping Springs was $671,454 as of September 2026, up 0.3% over the past year. Values vary by neighborhood, size, and condition, so this figure is a citywide reference point rather than a price for any one home.

How long does it take to sell a house in Dripping Springs?

Homes in Dripping Springs spent a median of 92 days on the market as of September 2026. That is a slow pace, so sellers should plan for a longer timeline.

Are sellers in Dripping Springs cutting prices?

Yes, some are. As of September 2026, 18.4% of listings in Dripping Springs had a price cut, and the median list price was $831,000.

Are home prices going up or down in Dripping Springs, TX?

Typical home values in Dripping Springs, TX are up 0.3% over the past year, based on the Zillow Home Value Index as of September 2026.

Is Dripping Springs, TX a buyer's or seller's market?

Dripping Springs, TX leans toward a buyer's market. Homes are taking longer to sell and homes for sale are building up relative to new listings, which gives buyers more room to negotiate. Based on a median of 92 days on market and 18% of listings with a price cut in the typical Dripping Springs ZIP code, and 52 new listings against 204 active listings across Dripping Springs, as of September 2026 (Realtor.com).

Nearby markets

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