New - 3 hours on Rocket
$8,683 Closing Credit¹
Daniel Wilson, Listing Office: New Home Now
Dripping Springs Housing Market Report December 2024•Hays County, Texas
Housing Prices in Dripping Springs, TX
How much do homes in Dripping Springs, TX cost?
Housing Market Conditions
Is Dripping Springs, TX a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Dripping Springs is a Neutral Market
Difference Since November 2024
Last month, Dripping Springs was a Buyer's Market.
Insight
Dripping Springs is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Median Sold Price
$625,000$228/SqFt
+$100,000
+19.0%
Based on all homes sold in December 2024
Insight
Homes in Dripping Springs have sold for 19% more than they did a month ago.
Summary: The median home sold price in Dripping Springs was $625,000 in December 2024, up 19% from last month, and the median price per square foot was $228.
Median Sold Price By Bedrooms
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 22 Bedrooms | - | - | N/A |
| 44 Bedrooms | $544.2K | $647.4K | +19.0% |
| 11 Bedroom | - | - | N/A |
| 33 Bedrooms | $510K | $567.5K | +11.3% |
| 55+ Bedrooms | - | $550K | N/A |
Summary: Dripping Springs housing price by bedroom type for December 2024, compared to the previous month. The home price for 2 bedroom homes did not change. The home price for 4 bedroom homes increased by +19.0%. The home price for 1 bedroom homes did not change. The home price for 3 bedroom homes increased by +11.3%. The home price for 5 bedroom homes did not change.
Housing supply in Dripping Springs, TX
How many homes are available in Dripping Springs, TX?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 210Last MonthDec 2024 | ||
| 1842 months agoNov 2024 | +14.1 % Change MoMNov – Dec |
Summary: The Dripping Springs real estate market had 210 homes for sale in Dec 2024, a 14.1 % increase compared to Nov 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 31Last MonthDec 2024 | ||
| 72 months agoNov 2024 | +342.9 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 22 Bedrooms | 6 | 6 | 0.0% |
| 44 Bedrooms | 84 | 96 | +14.3% |
| 11 Bedroom | 1 | 2 | +100.0% |
| 33 Bedrooms | 63 | 70 | +11.1% |
| 55+ Bedrooms | 30 | 36 | +20.0% |
Summary: Dripping Springs housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 2 bedroom homes remained the same. The inventory for 4 bedroom homes increased by +14.3%. The inventory for 1 bedroom homes increased by +100.0%. The inventory for 3 bedroom homes increased by +11.1%. The inventory for 5 bedroom homes increased by +20.0%.
Asking Price vs. Sold Price
How much do homes in Dripping Springs, TX cost?
Over Asking Price2 Homes
At Asking Price4 Homes
Under Asking Price25 Homes
Insight
If you're buying a home in Dripping Springs, you may be able to get a good deal. 80.6% of homes here sold below asking price last month.
Summary: A total of 31 homes were sold or pending in Dripping Springs in December 2024, up by 342.9% month-over-month. Of the 31 sold homes, 81% were sold under asking, 13% were sold at asking, and and 6% were sold over asking.
Days on Market for Dripping Springs, TX
How long does it take to sell a home in Dripping Springs, TX?
Breakdown of Home Sale Times
Under 30 Days11 Homes
30 – 90 Days7 Homes
Over 90 Days13 Homes
Insight
Most homes in Dripping Springs are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During December 2024, 31 homes were sold in Dripping Springs; 35% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 42% of homes were sold over 90 days.
Average Sale Time
| Last Month | 1 month ago | Change MoM |
|---|---|---|
| 89 DaysLast MonthDec 2024 | ||
| 91 Days1 month agoNov 2024 | -2.5 % Change MoMNov – Dec |
Summary: Homes in Dripping Springs had an average listing age of 89 days in Dec 2024, down by 2.5% compared to the previous month.
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Newest Listings in Dripping Springs, TX
What homes are available in Dripping Springs, TX?
New - 5 hours on Rocket
$7,480 Closing Credit¹
Andrea Bibeau, Listing Office: Keller Williams Realty
New - 9 hours on Rocket
$10,000 Closing Credit¹
Katie Wilsey, Listing Office: Compass RE Texas, LLC
New - 9 hours on Rocket3D tour
$9,797 Closing Credit¹
Lauren Clark, Listing Office: Magnolia Realty Austin Hill Co
New - 11 hours on Rocket
$7,826 Closing Credit¹
Brandye Rocca, Listing Office: Keller Williams - Lake Travis
New - 22 hours on Rocket
Ashley Cooper, Listing Office: Stanberry REALTORS
New - 1 day on RocketVideo tour
$7,719 Closing Credit¹
Chris Pesek, Listing Office: Pesek Property, LLC
New - 2 days on Rocket
$5,344 Closing Credit¹
Allie Martinez, Listing Office: Compass RE Texas, LLC
New - 2 days on Rocket
$10,000 Closing Credit¹
Mona Hill, Listing Office: LGI Homes
New - 2 days on Rocket
$10,000 Closing Credit¹
Mona Hill, Listing Office: LGI Homes
New - 2 days on Rocket
$9,713 Closing Credit¹
Mona Hill, Listing Office: LGI Homes
New - 2 days on Rocket
Stephanie Pope, Listing Office: NestHaven Properties
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MLS Disclaimers and Copyright
Based on information from Unlock MLS, Central Texas MLS Inc, Houston REALTORS® Information Service, San Antonio Board of REALTORS MLS, and North Texas Real Estate Information Systems Inc. for the period 11/01/2024 - 01/01/2025
Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS or Unlock MLS®). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Unlock MLS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data maintained by the Board, ACTRIS or Unlock MLS may not reflect all real estate activity in the market. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price. Copyright 2025 Unlock MLS and Austin Central Texas Realty Information Services, Inc.
Listings courtesy of Unlock MLS as distributed by MLS GRID.All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
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Last updated on: 1/30/2025, 7:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Data provided by the Central Texas MLS IDX program. Information deemed reliable but not guaranteed. Some properties which appear for sale may no longer be available due to no longer being offered for sale. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. ©2025 Central Texas MLS, All Rights Reserved.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
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Last updated on: 1/30/2025, 7:15:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Disclaimer: The MLS data is provided exclusively to Participants or Subscribers for display on their website solely for consumers’ personal, non-commercial use, that the MLS data may not be used for any purpose other than to display prospective properties consumers may be interested in purchasing or leasing. Information contained on the computer print-outs of the Multiple Listing Service (MLS) of the HOUSTON REALTORS® INFORMATION SERVICE (HRIS) is furnished by MLS Participants for dissemination to other MLS Participants, for their exclusive use, and should not be relied upon by Buyer/Tenant or any other person. There is no express or implied warranty by HRIS or MLS as to the accuracy of such information, which should be independently verified by Buyer/Tenant or such other person. MLS does not verify the information and disclaims any responsibility for its accuracy. Any estimate of value was prepared using automated processes and should not be considered a comparative market analysis (CMA) or appraisal. You may contact us to provide additional information and analysis for a more accurate estimate of the property's value. Digital images modified or enhanced to alter real property characteristics contain a visible and legible watermark across the bottom of the image “Image does not represent actual property as is”. Copyright© 2025 Houston Realtors Information Service, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
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Last updated on: 1/30/2025, 7:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the San Antonio Board of Realtors. Real estate listings held by brokerage firms are indicated by detailed information about them such as the name of the listing firms. © 2025 San Antonio Board of Realtors®. All Rights Reserved. The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Properties subject to prior sale, change, withdrawal or rental. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
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Last updated on: 1/30/2025, 7:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
©2025 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
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Last updated on: 1/30/2025, 7:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.