Dripping Springs: Is It a Buyer's or Seller's Market?

Deal of the Week

Deal of the Week · 579 Bishop Wood RD, Dripping Springs TX 78620 · MLS #6602069 · Listed by M/I Homes Realty. ALEX valuation $419,000 is an ALEX Intelligence estimate, not an appraisal.

This week's 5 best values under $1,000,000, ranked by the ALEX deal score: 1. 579 Bishop Wood RD, Dripping Springs TX 78620 · MLS #6602069 Listed at $384,990, 4 bed, 3 bath, 2,195 sq ft. Listed 8% below the ALEX valuation; 14% under the local price per sq ft; price reduced 14% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1179739676/579-Bishop-Wood-RD-Dripping-Springs-TX 2. 17305 Lake Wood CIR, Dripping Springs TX 78620 · MLS #7402273 Listed at $390,000, 3 bed, 2.5 bath, 1,888 sq ft. Listed 6% below the ALEX valuation; 16% under the local price per sq ft; price reduced 13% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1175148703/17305-Lake-Wood-CIR-Dripping-Springs-TX 3. 200 Little Barton DR, Dripping Springs TX 78620 · MLS #3777363 Listed at $550,000, 3 bed, 2 bath, 2,185 sq ft. Listed 3% below the ALEX valuation; 24% under the local price per sq ft; price reduced 17% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1178888409/200-Little-Barton-DR-Dripping-Springs-TX 4. 137 Bishop Wood RD, Dripping Springs TX 78620 · MLS #5391730 Listed at $449,990, 4 bed, 3 bath, 2,182 sq ft. Listed 10% below the ALEX valuation; price reduced 20% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1174776973/137-Bishop-Wood-RD-Dripping-Springs-TX 5. 12225 Triple Creek CIR, Dripping Springs TX 78620 · MLS #7492012 Listed at $819,000, 5 bed, 3 bath, 3,096 sq ft. Listed 10% below the ALEX valuation; price reduced 18% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1168062084/12225-Triple-Creek-CIR-Dripping-Springs-TX

Is a buyer or seller currently holding the advantage in Dripping Springs? The answer lies in the months of inventory, which measures how long it would take to sell all current homes at the current sales pace. In September 2026, there were 4.4 months of inventory based on 47 closed sales and 254 active listings. This figure places the market firmly in buyer territory, as anything above four months typically favors buyers with more negotiating power. The data supports this shift. Median closed prices fell to $570,000, down 9.5% from August's $630,000 and 5.0% lower than September 2025. Homes spent an average of 59 days on market, a 20.4% increase compared to the same month last year when they sold in 49 days. Additionally, 83% of homes sold below their original list price, up slightly from the prior period. ALEX Intelligence calculates months of inventory by dividing active listings by the trailing monthly average of closed sales. With 4.4 months available, buyers have a wider selection and less pressure to overbid. While new construction remains active with 19 closings, the overall trend indicates a cooling environment where patience is rewarded. This classification relies on the standard industry gauge: under four months favors sellers, four to six months suggests balance or a shift toward buyers, and over six months strongly favors buyers. Dripping Springs currently sits in that transition zone, offering opportunities for those looking to purchase without bidding wars. Want to see this home? Call or text George at 713.918.9951 for a private 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 Partner, 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