Real Estate Market Update for 75022 (Flower Mound, TX)

Video: Real Estate Community Tour for 75022 (Flower Mound, TX)

See Real estate community tour for 75022 (Flower Mound, TX)
Welcome to December's Market Update. Let’s take a look at residential real-estate activity in your area during the month of November. The number of active listings was down 24% from one year earlier, and down 7% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was just under 630-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 26%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just under 440-thousand dollars. The number of units sold decreased 17% year-over-year, and increased 36% month-over-month. Despite a slight annual decrease, this upward monthly sales trend indicates positive momentum. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for 75022 (Flower Mound, TX)
Area Information for 75022 (Flower Mound, TX)
  • Population: 24,767
  • Median Age: 40.78 yr
  • Median Commute Time: 29 mins
  • Educational Climate*: 4
  • Sales Tax: 6%
  • Population Density: 1,289/sq mi
  • Population Change Since 2000: 76.44%
  • Closest Airport: Dallas/fort Worth International
  • Closest College: Devry University-keller Grad Schl Mngmnt
  • Closest Jr. College: Tarrant County College-ne Campus
  • Median Household Income: $144,889
  • Annual Residential Turnover: 7%
  • Median Home Sales Price: $405,000
  • Closest Major Sports Team: Texas Rangers
  • Change Avg. Household Income Since 2000: 35.36%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 75022 (Flower Mound, TX)
Median Age: 40.78 Married: 56% Number of Households: 7,706 Households with Children: 4,400
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for 75022 (Flower Mound, TX)

      School Name Distance Type Grades School Rating Parent Rating
      Coram Deo Academy 1.5 mi Private PRESCHOOL-12 0 0
      Liberty Elementary School 2.2 mi Public K-5 5 0
      Wellington Elementary School 2.6 mi Public PRESCHOOL-5 5 0
      Primrose School Of Wellington 2.7 mi Private PRESCHOOL-K 0 0
      The Children's Courtyard #3036 2.7 mi Private PRESCHOOL-K 0 0
      Montessori Country Day School 2.9 mi Private PRESCHOOL-3 0 0
      Mckamy Middle School 3.0 mi Public 6-8 5 0
      Old Settlers Elementary School 3.0 mi Public K-5 5 0
      Christian Academy Of America 3.1 mi Private K-12 0 0
      Flower Mound 9th Grade Campus 3.2 mi Public 9-9 0 0
      Flower Mound High School 3.2 mi Public 9-12 2 4
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: Onboard Informatics © 2016. School Performance data by School Review data by
      Local Weather for 75022 (Flower Mound, TX)
        Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.