Search homes for sale in Dripping Springs, known for its rolling hills, scenic river and creeks, downtown boutiques, and various coffee pubs & bars.
The Dripping Springs housing market is currently not very competitive. On average, homes in this area receive one offer and take about 61 days to sell. Last month, the median sale price for a home in Dripping Springs was $565,000, reflecting a 4.2% decrease from the previous year. Additionally, the median sale price per square foot is $242, down 13.4% compared to last year.
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In May 2024, home prices in Dripping Springs decreased by 4.2% compared to the previous year, with a median sale price of $565K. On average, homes in Dripping Springs sell after 61 days on the market, compared to 46 days last year. Additionally, 26 homes were sold in May this year, an increase from 24 homes sold during the same period last year.
Dripping Springs is not a very competitive market. Homes typically sell in about 66 days, with multiple offers being rare. On average, homes sell for approximately 3% below the list price and go pending in around 66 days. However, hot homes can sell for about 1% below the list price and go pending in roughly 32 days.
Nationally, 1% of homebuyers searched to move to Dripping Springs from other metropolitan areas. Among these, homebuyers from San Francisco showed the most interest in relocating to Dripping Springs, followed by those from Los Angeles and Dallas.
Have questions or need more information about Dripping Springs properties? Whether you're curious about the local market, seeking clarifications, or ready to take the plunge into buying a property in this beautiful area, I'm here to assist you every step of the way. I'm dedicated to providing you with expert insights and personalized guidance to make your property journey in Dripping Springs smooth and successful.
Discover the charm and allure of Dripping Springs, TX! Dive into our comprehensive neighborhood guide to explore everything this vibrant community has to offer, from housing trends and local amenities to arts, culture, and public services. Start your journey today and find out why Dripping Springs is the perfect place to call home.
Darrell specializes in helping clients who are relocating to the city from out-of-state, providing special attentiveness to all aspects of the buying experience to ensure smooth, easy transitions. Contact him now!