Dripping Springs Real Estate Market Update 78737 | August 2023

I’m excited to share with you all the last 30 days in stats for Dripping Springs ISD area within the 78737 zip code. This area encompasses Highpointe, Belterra, Parten, Skyridge, Reunion Ranch, Goldenwood, Rim Rock and more!

People moving to this area want to be closer to Austin’s amenities, but still within DSISD. They are closer in proximity to the new HEB and also Chick-fil-a! When the Y at Oak Hill is complete this will open up the floodgates to more people wanting to move within DSISD as it will shorten the morning commute by 10-15 minutes!

August real estate market stats for 78737 and Dripping Springs

78737 Closed data for the last 30 days:

Average sales price: $811,939

Average close to list price: 96.8%

Average days on market: 57

Closed sales: 20

There are 94 active listings on the market right now going into the fall season.

The 78737 rental market has 31 active lease listings averaging $3,842/month. 6 closed within the last 30 days.

Texas Realtors releases an in depth analysis on zip codes, but it is usually 6 weeks behind. Here is the July infographic for 78737.

According to Mortgage News Daily, interest rates have bounced up and down between 7-7.5%. Keep in mind that these national averages have points included and the quoted rate will be a bit higher than the daily average for a well qualified buyer.

Contact a local lender to talk more about the mortgage markets!

Click here to read about a 2-1 buydown.

Are you looking to buy or sell in Dripping Springs, Texas or surrounding areas? Just reach out to me and I’ll be happy to talk further! 512-569-8480

Thinking about listing your home in the area? Click HERE and HERE to read about my value-driven, modern marketing for listings! Just give me a call if you’d like to talk further about strategy! 512-569-8480

Check out my Dripping Springs Guide HERE.

Click HERE to view current homes on the market.

Click HERE to get a FREE home valuation

Click HERE to learn more about the local adventure and businesses!

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Lauren Clark Magnolia Realty Testimonials


laurenclark@magnoliarealty.com 512-569-8480





Licensed by the Texas Real Estate Commission


License # 756168


Magnolia Realty Austin Hill Country

101 S. College St.

Dripping Springs, Texas


Managing Broker:

Cody George