Is Dripping Springs, TX 78620 a buyer’s or seller’s market?
Dripping Springs is a balanced market. With about 5.1 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
Competition score12/ 100
More competitive than 5% of U.S. ZIP codes, and #751 of 868 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
Months of supply5.1Under 4 months = seller’s market
Sold above original list4.1%Share of sales, last 3 months
Median sale-to-list96.9%Sold price ÷ list price
Median days on market89Listing to accepted offer
Median price per sq ft$239▼ −4.2% vs. last year
Run the numbers for 78620
Nearby markets
Austin 78737Balanced $270 /sq ftBuda 78610Balanced $175 /sq ftDriftwood 78619Buyer’s market $339 /sq ftKyle 78640Balanced $161 /sq ft Browse all markets →More tools for 78620
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology