Dripping Springs Housing Market: October 2026

Deal of the Week

232 Bishop Wood RD, Dripping Springs TX 78620
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 $460,000 232 Bishop Wood RD, Dripping Springs TX 78620 · MLS #1134333 Listed at $449,990, 4 bed, 3 bath, 2,251 sq ft. Listed 7% below the ALEX valuation; price reduced 15% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1186625578/232-Bishop-Wood-RD-Dripping-Springs-TX Lower-middle quartile: $460,000 to $606,000 237 Moonlit Stream PASS, Dripping Springs TX 78620 · MLS #3123018 Listed at $595,000, 4 bed, 3 bath, 2,847 sq ft. Listed 6% below the ALEX valuation; 14% under the local price per sq ft; price reduced 15% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1184340397/237-Moonlit-Stream-PASS-Dripping-Springs-TX Upper-middle quartile: $606,000 to $850,000 300 Medlin Creek LOOP, Dripping Springs TX 78620 · MLS #7987436 Listed at $849,000, 4 bed, 2.5 bath, 2,861 sq ft. Listed 22% below the ALEX valuation; price reduced 29% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1188163052/300-Medlin-Creek-LOOP-Dripping-Springs-TX Upper quartile: $850,000 and up 360 Stacey Ann CV, Dripping Springs TX 78620 · MLS #7735283 Listed at $975,000, 3 bed, 3.5 bath, 3,899 sq ft. Listed 6% below the ALEX valuation; price reduced 19% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1184802817/360-Stacey-Ann-CV-Dripping-Springs-TX

Key figures · Dripping Springs · October 2026

Source: Unlock MLS, October 2026. Homes only (single-family, condo, townhome). Information deemed reliable but not guaranteed.

All Dripping Springs market figures and ALEX agents

Dripping Springs recorded 40 closed home sales in October 2026, at a median close price of $584,750. The median close price was down 13.9% from the same period last year and up 2.6% from the period before. The median price per square foot was $233. Homes that sold spent a median of 42 days on the market. Median days on market was down 26.3% from the same period last year and down 25.0% from the period before. The median sale closed at 95.5% of its original list price, and 90.0% of sales closed below their original list price. 79 new listings came on the market in the same window. Today 245 homes are listed for sale, 4.43 months of inventory at the pace of the last six months (332 closings). The most active subdivisions were Big Sky Ranch (6 sales, median $448,995) and Heritage (5 sales, median $435,000). 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
George Arnold Alexander III, MPA
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Partner, ALEX Companies
Associate Broker, Alexander Tiffany Southwest, LLC dba ALEX.realestate, et al.
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Source data: Unlock MLS closed sales, October 2026, n=40
Cover photo: Dripping Springs High School entrance by Larry D. Moore, CC BY 4.0, via Wikimedia Commons; darkened, cropped and text added.
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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
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