Market Intelligence · TX / Dripping Springs

Dripping Springs, TX 78620 Housing Market

Homes in Dripping Springs 78620 are valued at a typical price of $684,808, down 0.7% over the past year. The median list price stands at $849,500, with homes taking a median of 78 days to sell.

Updated August 2026Median value$678K

The median home value in Dripping Springs, TX 78620 is $678K as of August 2026, down 0.1% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 78620 range

$624K to $732K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

-0.1% over 12 months

Typical home value in 78620 over the last 12 months: $679K in Aug 2025 to $678K in Aug 2026 (-0.1%).

Aug 2025$679K

Aug 2026$678K

The numbers

What is the 78620 housing market like?

Typical home value

$678K

Down0.1%YoY

Median list price

$850K

Flat0.0%MoM

Days on market

78

Up11.4%MoM

Homes for sale

206

Down6.4%MoM

Price cuts

22.2%

Down21.8%MoM

New listings

48

Up9.1%MoM

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

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The comparison

How do 78620 home prices compare?

  • 78620$678,139
  • Dripping Springs$678,139
  • Texas$262,445
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Dripping Springs: 1 ZIPs; Texas: 1,512 ZIPs; United States: 26,265 ZIPs).

Context

Dripping Springs currently has 206 homes for sale, with 48 new listings added recently. The median time on market of 78 days suggests a slower pace of sales compared to hotter markets. About 22.2% of listings have seen price cuts, which often signals seller adjustment to market conditions. Combined with the 0.7% decline in typical home value over the past year, the market appears to be cooling. If you are considering selling, expect a patient buyer pool and potentially competitive pricing pressure.

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20% · $135,628

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