Market Insights

Dripping Springs Independent School District Dripping Springs, TX

How does the housing market look in Dripping Springs Independent School District? Take a look at up-to-date home sale trends like the latest home sale prices, new listings, and more.

Real Estate Market Report Median Sale Price Illustration
Median Sale Price
$854,667

4.0%

Real Estate Market Report New Listings Illustration
New Listings
108

31.2%

Real Estate Market Report Number Of Homes Sold Illustration
Number of Homes Sold
75

10.3%

Real Estate Market Report Median Days On Market Illustration
Median Days on Market
22

295.4%

Market Overview

In the last 30 days, homes for sale in Dripping Springs Independent School District, Dripping Springs, TX sold for a median price of $854,667, up 4% compared to the same period last year. The median price per square foot was $285.48, up 2% year-over-year. There were 75 homes sold, up from 68 last year.

lightbulbWhat does this mean?

The median sale price helps you understand how much you should expect to spend on a home in a market. The higher the median price of the homes, the more expensive the market is overall. The rate at which home prices change is an indicator of whether homes are becoming more or less affordable in that market. Learn more about buying a home.

Real Estate Market Report Home Valuation Illustration

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Real Estate Market Report Home Valuation Illustration

Get your maximum home value with minimal effort

Use Orchard’s free tool to get your most accurate home valuation today.

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Housing Supply

Yesterday, the total number of homes for sale in Dripping Springs Independent School District, Dripping Springs, TX was 489, up 51.9% compared to last year. In the last 30 days, 108 new homes were listed for sale, down 31.2% year-over-year. The median days on market was 21.5, up from 5.44 days last year. The months of supply was 3.84, up from 2.07 months last year.

lightbulbWhat does this mean?

The number of homes that are available for sale in a market tells you how much choice you have. The rate at which this number changes indicates whether the number of options are increasing or decreasing for buyers. Learn more about buying in a hot market.

Real Estate Market Report Home Valuation Illustration

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Real Estate Market Report Home Valuation Illustration

Your dream home is waiting for you.

Tell us your must-haves, and we’ll share all the homes that meet your criteria.

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Housing Demand

In the last 30 days, homes in Dripping Springs Independent School District, Dripping Springs, TX had a median sale-to-list-price ratio of 99.71%, down 2.3 pt compared to the same period last year. 27.03% of homes sold above list price, down 31.8 pt year-over-year. 31.08% of homes listed dropped in price, up 9 pt from last year.

lightbulbWhat does this mean?

Sale-to-list price tells you how much you may have to pay over the asking price to buy the home you want. When this number is above 100%, you may need to pay more than the asking price for the home you want.

Real Estate Market Report Median Sale Price Illustration

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Real Estate Market Report Median Sale Price Illustration

Cash offers are 4x more likely to be accepted.

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Homes For Sale In Dripping Springs Independent School District

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