Market Intelligence · TX / Dripping Springs

Dripping Springs, TX 78620 Housing Market

The typical home in Dripping Springs, TX 78620 is worth $678,139, down 0.1% over the past year as of August 2026. Sellers are asking a median list price of $831,000, and homes are spending a median of 92 days on the market as of September 2026.

Updated September 2026Median value$678K

The median home value in Dripping Springs, TX 78620 is $678K as of September 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

$831K

Down2.2%MoM

Days on market

92

Up17.9%MoM

Homes for sale

204

Down1.0%MoM

Price cuts

18.4%

Down17.1%MoM

New listings

52

Up8.3%MoM

Sources · Zillow ZHVI (August 2026) / Realtor.com (September 2026) / FRED (October 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 ZIP; Texas: 1,512 ZIPs; United States: 26,265 ZIPs).

Context

Dripping Springs, TX 78620 has 204 homes for sale as of September 2026, with 52 new listings coming to market in the same period. The median list price of $831,000 sits well above the typical home value of $678,139, and the median of 92 days on market shows buyers are taking their time. About 18.4% of listings have had a price cut. Values are essentially flat, down 0.1% over the past year as of August 2026. For a seller, the practical read is that pricing accurately from the start matters more than testing the market high.

Monthly payment

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20% · $135,628

Common questions

What people ask us.

How much is a home in 78620 worth?

The typical home value in 78620 is $678,139, down 0.1% over the past year as of August 2026.

How long does it take to sell a home in 78620?

Homes in 78620 spend a median of 92 days on the market as of September 2026. About 18.4% of active listings have taken a price cut.

How competitive is the 78620 market right now?

There are 204 homes for sale in 78620 as of September 2026, including 52 new listings. The median list price is $831,000.

Discover

Nearby ZIP markets.

Keep reading

Guides for sellers.