Home prices
The cost of the median home in Dripping Springs is $389,200. In comparison to its surrounding areas it is approximately $56,900 (12%) lower.It is about $171,700 (78%) higher compared to the entire nation, and in comparison to the city of San Antonio is about $242,800 (165%) higher.
Rents
In Dripping Springs the median rent is $1,160 a month. Compared to other places in this area it is roughly $930 (44%) lower.It is about $98 (9%) higher compared to the country as a whole, and it is about $168 (16%) higher in comparison to the city of San Antonio.
Nearby places
Bear Creek
Bear Creek is roughly 8 miles east from Dripping Springs. Its real estate prices are somewhat more expensive. Bear Creek's median home value is $457,300, which comes out to $68,100 (14%) higher than Dripping Springs. Its rents are a lot more expensive. The median monthly rent in Bear Creek is $2,167, which comes out to $1,007 (46%) higher than Dripping Springs.
Bee Cave
Bee Cave is roughly 11 miles northeast from Dripping Springs. The real estate prices there are significantly more expensive. The median home price in Bee Cave is $574,300, which works out to $185,100 (32%) higher than Dripping Springs. The rent there is somewhat more expensive. In Bee Cave the median monthly rent is $1,506, which comes out to $346 (22%) higher than Dripping Springs.
Shady Hollow
Shady Hollow is approximately 12 miles east from Dripping Springs. Real estate prices there are similar. The median home value in Shady Hollow is $402,400, which works out to $13,200 (3%) higher than Dripping Springs. Rent there is a lot more expensive. The median monthly rent in Shady Hollow is $2,294, which comes out to $1,134 (49%) higher than Dripping Springs.
The Hills
The Hills is approximately 12 miles northeast of Dripping Springs. Its housing prices are a little more expensive. The median home in The Hills costs $547,700, which comes out to $158,500 (28%) higher than Dripping Springs. Its rents are substantially more expensive. The Hills's median monthly rent is $2,984, which works out to $1,824 (61%) higher than Dripping Springs.
Woodcreek
Woodcreek is roughly 12 miles south from Dripping Springs. The housing prices there are a lot less expensive. The median home in Woodcreek is valued at $248,800, which works out to $140,400 (56%) lower than Dripping Springs. Its rents are a little more expensive. Woodcreek's median rent is $1,500 a month, which works out to $340 (22%) higher than Dripping Springs.
