Dripping Springs Market Report
$1,303,392
AVERAGE PRICE OF 515 HOMES$2,398,237
AVERAGE PRICE OF 197 MULTI-MILLION DOLLAR HOMES$4,000,000
AVERAGE PRICE OF 1 DISTRESSED HOMES$834,973
AVERAGE PRICE OF 151 NEWLY BUILT HOMES$2,529,915
AVERAGE PRICE OF 77 HOMES WITH A POOL$1,070,741
AVERAGE PRICE OF 12 REDUCED PRICE HOMESAverage Home
| Average Price | $1,303,392 |
| Avg Bedrooms | 2.46 beds |
| Avg Bathrooms | 2.36 baths |
Average Price by Bedrooms
| 1 bedroom | $3,114,750 |
| 2 bedrooms | $1,625,938 |
| 3 bedrooms | $1,664,243 |
| 4 bedrooms | $1,871,817 |
| 5 bedrooms | $1,696,222 |
Dripping Springs Home Price Trends
| 11/2023 | 10/2023 | 9/2023 | 8/2023 | 7/2023 | |
|---|---|---|---|---|---|
| Total Listings | 528 | 548 | 584 | 28 | 29 |
| Average Price | $1,321,229 | $1,290,073 | $1,291,745 | $2,277,505 | $2,206,128 |
| Avg Price Change | +2.42% | -0.13% | -76.31% | +3.24% | -11.29% |
| Median Price | $893,334 | $838,139 | $853,131 | $1,092,831 | $1,186,329 |
| Med Price Change | +6.59% | -1.79% | -28.10% | -8.56% | -12.85% |
| Avg Bedrooms | 2.48 beds | 2.47 beds | 2.5 beds | 2.44 beds | 2.46 beds |
| Avg Bathrooms | 2.37 baths | 2.33 baths | 2.34 baths | 2.23 baths | 2.17 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Blanco | 1 | $749,866 | 86 days |
| Dripping Springs | 381 | $1,248,999 | 67 days |
| Dripping Springs High School | 6 | $2,094,983 | 203 days |
| Lake Travis | 47 | $715,033 | 61 days |
| Lake Travis High School | 1 | $1,450,000 | 41 days |
| Lyndon B Johnson (johnson City Isd) | 33 | $1,915,936 | 77 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 515 | $1,303,392 | 88 days |
| Multi-Million Dollar Homes | 197 | $2,398,237 | 85 days |
| Distressed Homes | 1 | $4,000,000 | 86 days |
| Newly Built Homes | 151 | $834,973 | 63 days |
| Homes with a Pool | 77 | $2,529,915 | 116 days |
| Reduced Price Homes | 12 | $1,070,741 | 159 days |
