Dripping Springs, TX is a vibrant city with a strong real estate market. The median value of homes in Dripping Springs is $753,600, significantly higher than the US house median value of $338,100. While the US saw a 1 year house appreciation rate of 8.27%, homes in Dripping Springs saw an even stronger appreciation rate of 12.58%. This indicates that there is robust investment in real estate within Dripping Springs and that the housing market remains strong and prosperous.
The median home cost in Dripping Springs is $753,600. Home appreciation the last 10 years has been 175.9%. Home Appreciation in Dripping Springs is up 19.8%.
Average Age of Homes
- The median age of Dripping Springs real estate is 25 years old
The Rental Market in Dripping Springs
- Renters make up 29.5% of the Dripping Springs population
- 0.0% of houses and apartments in Dripping Springs, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.