Dripping Springs Inventory: 4.3 Months of Supply
By George Arnold Alexander III, MPA · Associate Broker · 2026-10-25
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.
Is the Dripping Springs market still a seller's haven? The latest data suggests a shift toward balance. With 4.27 months of inventory available as of late September, the market sits squarely in neutral territory, where neither buyers nor sellers hold a distinct advantage. This figure is calculated by dividing the 247 active listings on hand by the average monthly closings of roughly 58 homes over the trailing twelve months.
The supply gap has widened slightly compared to previous months, driven by a 10.2% drop in median closed prices to $574,995 across 48 sales. While this price correction reflects increased negotiation leverage for buyers, the market remains active with 48 homes closing in September alone. The average home spent 58 days on the market, a slight decrease from the prior month but significantly higher than the 49 days seen a year ago.
ALEX Intelligence classifies this inventory level as balanced. In a seller's market, months of supply typically fall below four, while anything above six indicates a buyer's market. Here, the 4.27-month figure signals that homes are selling at a steady pace without the intense bidding wars of recent years. Buyers have more time to evaluate options, and sellers must price competitively to move inventory in a landscape where 83% of homes sold below their original list price.
This balanced state offers stability for both parties. New listings continue to enter the market, keeping the total active count at 247, while closings remain robust enough to prevent a backlog. As we move further into the fall, maintaining this equilibrium will depend on how quickly new supply enters relative to buyer demand.
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
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 and active listings, September 2026, n=48 closed; ABOR-listed sales only
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










