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Dripping Springs

Dripping Springs Market Report

$1,343,618

AVERAGE PRICE OF 525 HOMES

$1,884,967

AVERAGE PRICE OF 3 DISTRESSED HOMES

$2,319,092

AVERAGE PRICE OF 219 MULTI-MILLION DOLLAR HOMES

$980,572

AVERAGE PRICE OF 163 NEWLY BUILT HOMES

$2,372,341

AVERAGE PRICE OF 54 HOMES WITH A POOL

$1,015,640

AVERAGE PRICE OF 49 REDUCED PRICE HOMES

Average Home

Average Price	$1,343,618
Avg Bedrooms	2.6 beds
Avg Bathrooms	2.35 baths

Average Price by Bedrooms

1 bedroom	$2,677,000
2 bedrooms	$1,236,763
3 bedrooms	$882,639
4 bedrooms	$1,247,186
5 bedrooms	$1,676,638

Dripping Springs Home Price Trends

	5/2023	4/2023	3/2023	2/2023	1/2023
Total Listings	513	476	436	374	376
Average Price	$1,301,138	$1,326,963	$1,366,266	$1,376,998	$1,287,547
Avg Price Change	-1.98%	-2.96%	-0.79%	+6.95%	+4.06%
Median Price	$902,013	$897,410	$890,695	$862,531	$829,523
Med Price Change	+0.51%	+0.75%	+3.27%	+3.98%	+0.29%
Avg Bedrooms	2.65 beds	2.63 beds	2.64 beds	2.61 beds	2.62 beds
Avg Bathrooms	2.39 baths	2.38 baths	2.39 baths	2.37 baths	2.36 baths

Home Price by High School

School Name	Total Homes	Average Price	Avg Days on Site
Blanco	3	$803,722	159 days
Dripping Springs	404	$1,333,249	128 days
Lake Travis	47	$848,652	98 days
Lyndon B Johnson (johnson City Isd)	30	$1,645,192	133 days
Otherdripping Springs	1	$700,000	359 days

	Total Homes	Average Price	Avg Days on Site
All Homes	525	$1,343,618	125 days
Distressed Homes	3	$1,884,967	121 days
Multi-Million Dollar Homes	219	$2,319,092	127 days
Newly Built Homes	163	$980,572	155 days
Homes with a Pool	54	$2,372,341	88 days
Reduced Price Homes	49	$1,015,640	100 days

Based on information from the Austin Board of REALTORS (alternatively, from ACTRIS) for the period through 2023. IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied. Data last updated: June 5, 2023