Dripping Springs: Is It a Buyer's Market in September?
By George Arnold Alexander III, MPA · Associate Broker · 2026-10-23
Deal of the Week

Deals of the Week by price quartile. The quartiles come from the last 12 months of closed sales here. Each pick has the top ALEX deal score in its price range.
Lower quartile: under $461,000
10103 Twin Lake LOOP, Dripping Springs TX 78620 · MLS #7806279
Listed at $449,900, 3 bed, 2.5 bath, 1,935 sq ft. Listed 1% below the ALEX valuation; 5% under the local price per sq ft; price reduced 10% from original.
See it on alex.realestate: https://www.alex.realestate/listing-detail/1183155704/10103-Twin-Lake-LOOP-Dripping-Springs-TX
Lower-middle quartile: $461,000 to $606,000
236 Jagged Iron TRCE, Dripping Springs TX 78620 · MLS #6968777
Listed at $569,000, 4 bed, 3 bath, 2,552 sq ft. Listed 3% below the ALEX valuation; 8% under the local price per sq ft; price reduced 11% from original.
See it on alex.realestate: https://www.alex.realestate/listing-detail/1189314692/236-Jagged-Iron-TRCE-Dripping-Springs-TX
Upper-middle quartile: $606,000 to $834,000
204 Deer Creek CIR, Dripping Springs TX 78620 · MLS #9020773
Listed at $635,000, 3 bed, 2.5 bath, 2,334 sq ft. Listed 3% below the ALEX valuation; price reduced 2% from original.
See it on alex.realestate: https://www.alex.realestate/listing-detail/1188150938/204-Deer-Creek-CIR-Dripping-Springs-TX
Upper quartile: $834,000 and up
2025 Cripple Creek Stage RD, Dripping Springs TX 78620 · MLS #2930006
Listed at $899,500, 3 bed, 3 bath, 2,152 sq ft. Listed 16% below the ALEX valuation; price reduced 28% from original.
See it on alex.realestate: https://www.alex.realestate/listing-detail/1179897768/2025-Cripple-Creek-Stage-RD-Dripping-Springs-TX
Key figures · Dripping Springs · September 2026
- 48 homes sold in Dripping Springs in September 2026 (down 11.1% on a year earlier).
- Median sale price: $574,995 (down 4.2% on a year earlier).
- Median price per square foot: $234.
- Median days on market: 58.
- Median sale price as a share of the original list price: 93.8%.
- 244 homes for sale now, about 4.2 months of supply at the pace of the last six months.
Source: Unlock MLS, September 2026. Homes only (single-family, condo, townhome). Information deemed reliable but not guaranteed.
Is the market tipping in favor of buyers? In September 2026, Dripping Springs recorded 4.2 months of inventory based on 48 closed sales and current active listings. This figure represents the time it would take to sell all existing homes at the current sales pace, a standard metric for gauging market balance.
A market with less than six months of supply is typically considered a seller's market, while more than six months indicates a buyer's market. At 4.22 months, Dripping Springs sits in a transitional zone but leans toward conditions that favor buyers compared to the tighter constraints seen in previous years. This shift aligns with a median closed price of $574,995, which is down 10.2% from August and 4.2% lower than September 2025.
The pace of sales also reflects this change. Homes took a median of 58 days to sell, an increase of 18.4% compared to the same month last year when they sold in 49 days. Additionally, 83.3% of homes closed below their original list price, up slightly from the prior month.
ALEX Intelligence calculates this inventory gauge by dividing the active listings count by the trailing monthly closing rate. With supply rising and prices softening, buyers now have more negotiating power and selection than they did a year ago. The market remains active with 48 transactions, but the balance has clearly shifted away from the rapid appreciation seen in earlier years.
Want a closer look? Reply or call George at 713.918.9951 and we'll set up a showing.
Data from Unlock MLS. Information deemed reliable but not guaranteed. Model outputs are ALEX Intelligence estimates, not appraisals.
Read more Central Texas market data on the ALEX blog: https://alex-companies.com/blog
MIT, Nvidia, Google & IBM-Trained. Cross Domain-Expert: Quantum, AI, Ethics, Sovereignty, Intelligence, Philanthropy. Solepoint Planning. VUI AI Cloud Architect. AI Certifications Development. Quant/AI Instructor. Castor Venture Club Member. Associate Broker.
George Arnold Alexander III, MPA
Director, ALEX Companies
Associate Broker, Alexander Tiffany Southwest, LLC dba ALEX.realestate, et.al.
Texas License #574878-B · Broker License #565194-BB
Broker, ALEX Real Estate · North Carolina License #367733
Independent Broker, ALEX Real Estate · Colorado License #II.100112456
[email protected] · +1 713.918.9951
Source data: Unlock MLS closed sales, September 2026, n=48
Cover photo: Dripping Springs High School entrance by Larry D. Moore, CC BY 4.0, via Wikimedia Commons; darkened, cropped and text added.
Licensed by the Texas Real Estate Commission. Broker: Alexander Tiffany Southwest, LLC · License #565194-BB.
Diane Hart Alexander, Chair & CEO, ALEX Companies · Designated Broker · #574877-B · George Arnold Alexander III, Director, ALEX Companies · Associate Broker · #574878-B
Texas Real Estate Commission Information About Brokerage Services · TREC Consumer Protection Notice · trec.texas.gov
Diane Hart Alexander, Chair & CEO, ALEX Companies · Designated Broker · #574877-B · George Arnold Alexander III, Director, ALEX Companies · Associate Broker · #574878-B
Texas Real Estate Commission Information About Brokerage Services · TREC Consumer Protection Notice · trec.texas.gov










