Dripping Springs vs. Neighbors: Price and Speed Gap

Deal of the Week

Deal of the Week · 184 Bishop Wood RD, Dripping Springs TX 78620 · MLS #4488650 · Listed by M/I Homes Realty. ALEX valuation $460,000 is an ALEX Intelligence estimate, not an appraisal.

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 $456,000 184 Bishop Wood RD, Dripping Springs TX 78620 · MLS #4488650 Listed at $454,990, 4 bed, 3 bath, 2,434 sq ft. Listed 1% below the ALEX valuation; 10% under the local price per sq ft; price reduced 10% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1188936839/184-Bishop-Wood-RD-Dripping-Springs-TX Lower-middle quartile: $456,000 to $600,000 111 Sacred Fig Road, Dripping Springs TX 78620 · MLS #5525410 Listed at $524,974, 5 bed, 4 bath, 2,881 sq ft. Listed 4% below the ALEX valuation; 12% under the local price per sq ft; price reduced 12% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1182523307/111-Sacred-Fig-Road-Dripping-Springs-TX Upper-middle quartile: $600,000 to $845,000 206 Waters View CT, Dripping Springs TX 78620 · MLS #7364794 Listed at $794,500, 4 bed, 4 bath, 3,013 sq ft. Listed 6% below the ALEX valuation; price reduced 11% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1189213689/206-Waters-View-CT-Dripping-Springs-TX Upper quartile: $845,000 and up 333 Stallion LN, Dripping Springs TX 78620 · MLS #2036095 Listed at $2,090,000, 4 bed, 3.5 bath, 3,190 sq ft. Listed 13% below the ALEX valuation; price reduced 25% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1159363747/333-Stallion-LN-Dripping-Springs-TX

Key figures · Dripping Springs · October 2026

41 homes sold in Dripping Springs in October 2026 (down 29.3% on a year earlier).

Median net sale price: $545,000 (down 19.3% on a year earlier).

Median price per square foot: $229.

Median days on market: 44.

Median sale price as a share of the original list price: 95.5%.

242 homes for sale now, about 4.4 months of supply at the pace of the last six months.

Source: Unlock MLS, October 2026. Single-family homes; prices net of seller-paid concessions, the same figures as the ALEX market statistics pages. Information deemed reliable but not guaranteed.

How does Dripping Springs compare to its neighbors in price and speed? In October 2026, the median close price for single-family homes in Dripping Springs was $545,000 across 41 closed sales. This figure is higher than the regional median of $398,237 and the Hays County median of $365,000. ALEX Intelligence benchmarked these figures against the broader Unlock MLS region and Hays County to highlight the divergence. Dripping Springs homes sold in 44 days on average, significantly faster than the regional median of 65 days and the Hays County median of 79 days. The price per square foot in Dripping Springs was $228.87, compared to $197.59 regionally and $181.70 in Hays County. The data shows that while Dripping Springs prices are higher than the regional average, the market moves faster. The median close-to-original list ratio was 95.5%, slightly above the regional 94% and Hays County 93.5%. This indicates strong negotiation power for sellers in this specific city compared to the surrounding areas. The analysis relies on closed sales data from October 2026, comparing Dripping Springs directly to the Unlock MLS region and Hays County aggregates. These figures reflect single-family home transactions net of seller-paid concessions. The comparison demonstrates that Dripping Springs maintains a distinct market profile with higher prices but faster turnover than its neighbors. 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

George Arnold Alexander III, MPA

Partner, ALEX Companies

Associate Broker, Alexander Tiffany Southwest, LLC

Licensed Broker in TX, CO, NC, AL

[email protected] · +1 713.918.9951

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