Dripping Springs Monthly Market Recap and Outlook
By George Arnold Alexander III, MPA · Associate Broker · 2026-10-18
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%.
- 247 homes for sale now, about 4.3 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.
Median home prices in Dripping Springs dropped 4.2% year-over-year to $574,995 in September, based on 48 closed sales. This follows a 10.2% decline from the prior month when the median was $640,000 across 46 closings. The market saw 48 homes sell compared to 54 in September 2025, marking an 11.1% drop in sales volume year-over-year.
Days on market increased to a median of 58 days, up 18.4% from the same time last year when homes sold in 49 days. The share of homes selling below original list price rose slightly to 83.3%, compared to 92.6% a year ago. Price per square foot fell 4.9% to $234, while the median living area grew 4.4% to 2,632 square feet.
Inventory remains elevated with 247 active listings and 4.27 months of supply. New construction accounted for 20 of the 48 closings, representing a significant portion of the market activity. The median close-to-original list ratio stood at 93.8%, indicating buyers continue to negotiate below asking prices.
ALEX Intelligence analyzed the 24-month trend to contextualize these figures against seasonal patterns. While sales volume softened compared to the previous year, the price correction aligns with broader regional shifts. Buyers currently face a balanced environment where negotiation leverage has returned compared to the rapid appreciation seen in prior years.
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
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, Partner, 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, Partner, ALEX Companies · Associate Broker · #574878-B
Texas Real Estate Commission Information About Brokerage Services · TREC Consumer Protection Notice · trec.texas.gov










