Real Estate Market Update for Flower Mound, TX

Video: Real Estate Community Tour for Flower Mound, TX

See Real estate community tour for Flower Mound, TX
Welcome to May's Market Update. Let’s take a look at residential real-estate activity in your area during the month of May. The number of active listings was up 8% from one year earlier, and up 25% from the previous month. This continued upward trend reflected a healthy inventory for buyers to choose from. As you can see, the median listing price for the month was just under 530-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up nearly 125%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just under 370-thousand dollars. The number of units sold increased 1% year-over-year, and increased 18% month-over-month. These figures may indicate that buyers have been taking advantage of opportunities in this market. 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 Flower Mound, TX
Area Information for Flower Mound, TX
  • Population: 69,505
  • Median Age: 36.9 yr
  • Median Commute Time: 30.49 mins
  • Educational Climate*: 4
  • Sales Tax: 8.25%
  • Population Density: 1,679/sq mi
  • Population Change Since 2000: 36.42%
  • 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: $115,488
  • Annual Residential Turnover: 20.01%
  • Median Years in Residence: 3.12 yr
  • Median Home Sales Price: $254,000
  • Closest Major Sports Team: Frisco Roughriders
  • Change Avg. Household Income Since 2000: 25%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Flower Mound, TX
Median Age: 36.9 Married: 44% Number of Households: 22,798 Households with Children: 12,428
Community:
    • 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 Flower Mound, TX

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Flower Mound High School 0.2 mi Public 9-12 4-5 4
      Wellington Elementary 0.5 mi Public PRESCHOOL-5 5 4
      Primrose School Of Wellington 0.6 mi Private PRESCHOOL-K 0 0
      Flower Mound Elementary 0.8 mi Public K-5 4-5 4
      Liberty Elementary 1.0 mi Public K-5 4-5 5
      Old Settlers Elementary 1.1 mi Public K-5 4-5 5
      Mckamy Middle School 1.3 mi Public 6-8 5 4
      Primrose School Of Ne Flower Mound 1.3 mi Private PRESCHOOL-K 0 0
      Fmcm Flower Mounds Classic Montessori School 1.4 mi Private PRESCHOOL-K 0 0
      Bridlewood Elementary School 1.5 mi Public K-5 5 5
      Spanish Schoolhouse 1.5 mi Private PRESCHOOL-K 0 0
      Donald Elementary 1.5 mi Public K-5 3-5 4
      Coram Deo Academy 1.6 mi Private PRESCHOOL-12 0 5
      Timber Creek Elementary 1.6 mi Public PRESCHOOL-5 4-5 4
      Forestwood Middle School 1.8 mi Public 6-8 4-5 4
      Clayton Downing Middle School 1.9 mi Public 6-8 4-5 5
      Temple Christian Academy 1.9 mi Private PRESCHOOL-12 0 3
      Lamar Middle School 2.0 mi Public 6-8 4-5 4
      Marcus High School 2.4 mi Public 9-12 4 4
      Faith Lutheran Day School 2.6 mi Private PRESCHOOL-K 0 0
      Prairie Trail Elementary 2.6 mi Public K-5 4-5 4
      Trietsch Enrichment Center 2.6 mi Private PRESCHOOL-K 0 0
      Shadow Ridge Middle School 2.6 mi Public 6-8 5 5
      Marjory Vickery Elementary 2.7 mi Public K-5 1 4
      Forest Vista Elementary 2.7 mi Public PRESCHOOL-5 4-5 5
      Bluebonnet Elementary 2.9 mi Public K-5 4-5 5
      Explorations Preparatory School 2.9 mi Private PRESCHOOL-8 0 5
      Knowledge Seekers Christian School 3.0 mi Private K-8 0 5
      Garden Ridge Elementary 3.0 mi Public K-5 4-5 5
      Hedrick Elementary 3.4 mi Public K-5 1 3
      Hedrick Middle School 3.4 mi Public 6-8 2 4
      Lewisville High School 3.7 mi Public 11-12 1 3
      Lewisville H S Ben Harmon Campus 3.7 mi Public 9-10 3-5 4
      Primrose School Of Old Orchard 3.8 mi Private PRESCHOOL-K 0 0
      Lillie J Jackson Early Childhood Center 3.8 mi Public PRESCHOOL-PRESCHOOL 0 0
      Founders Classical Academy Of Lewisville 4.0 mi Public K-12 0 0
      Parkway Elementary 4.1 mi Public K-5 2 4
      Dale Jackson Career Ctr 4.3 mi Public 10-12 0 0
      Learning Ctr 4.3 mi Public 6-12 0 0
      The Education Center In Lewisville 4.3 mi Public K-12 1 3
      Lakeland Elementary 4.4 mi Public K-5 1 5
      Creekside Elementary 4.7 mi Public K-5 3 3
      Marshall Durham Middle School 4.9 mi Public 6-8 2-5 4
      Southridge Elementary 5.0 mi Public K-5 2 3
      Willow Bend Academy 5.5 mi Private 5-12 0 5
      Rockbrook Elementary 6.7 mi Public PRESCHOOL-5 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: GreatSchools.org and Onboard Informatics © 2015
      Local Weather for Flower Mound, TX
        Community information and market data Powered by Onboard Informatics. Copyright ©2015 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.