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 November's Market Update. Let’s take a look at residential real-estate activity in your area during the month of October. The number of active listings was down 15% from one year earlier, and down 6% 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 over 510-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 12%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just under 380-thousand dollars. The number of units sold decreased 23% year-over-year, and decreased 21% month-over-month. Fewer sales could indicate an opportunity for buyers to negotiate better terms. 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: 71,010
  • Median Age: 40.18 yr
  • Median Commute Time: 29 mins
  • Educational Climate*: 4
  • Sales Tax: 8%
  • Population Density: 1,715/sq mi
  • Population Change Since 2000: 38.43%
  • Closest Airport: Dallas/fort Worth International
  • Closest College: Devry University-keller Grad Schl Mngmnt
  • Closest Jr. College: North Lake College
  • Median Household Income: $121,168
  • Annual Residential Turnover: 10%
  • Median Home Sales Price: $332,850
  • Closest Major Sports Team: Frisco Roughriders (aa)
  • Change Avg. Household Income Since 2000: 33.59%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Flower Mound, TX
Median Age: 40.18 Married: 53% Number of Households: 23,150 Households with Children: 12,320
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 School Rating Parent Rating
      Flower Mound High School 0.1 mi Public 9-12 2 4
      Flower Mound 9th Grade Campus 0.1 mi Public 9-9 0 0
      Wellington Elementary School 0.5 mi Public PRESCHOOL-5 5 0
      The Children's Courtyard #3036 0.5 mi Private PRESCHOOL-K 0 0
      Primrose School Of Wellington 0.6 mi Private PRESCHOOL-K 0 0
      Flower Mound Elementary School 0.8 mi Public K-5 5 0
      Old Settlers Elementary School 0.9 mi Public K-5 5 0
      Liberty Elementary School 1.1 mi Public K-5 5 0
      Mckamy Middle School 1.3 mi Public 6-8 5 0
      Primrose School Of Ne Flower Mound 1.3 mi Private PRESCHOOL-K 0 0
      Bridlewood Elementary School 1.5 mi Public K-5 5 0
      Donald Elementary School 1.5 mi Public K-5 4 5
      Timber Creek Elementary School 1.6 mi Public PRESCHOOL-5 4 0
      Christian Academy Of America 1.6 mi Private K-12 0 0
      Coram Deo Academy 1.6 mi Private PRESCHOOL-12 0 0
      Forestwood Middle School 1.8 mi Public 6-8 5 0
      Clayton Downing Middle School 1.9 mi Public 6-8 5 0
      Temple Christian Academy 1.9 mi Private K-12 0 0
      Founders Classical Academy Of Flower Mound 1.9 mi Public K-12 0 0
      Lamar Middle School 1.9 mi Public 6-8 5 0
      Childrens Courtyard 2.0 mi Private PRESCHOOL-PRESCHOOL 0 0
      Explorations Preparatory School 2.3 mi Private PRESCHOOL-8 0 0
      Marcus 9th Grade Center 2.3 mi Public 9-9 0 0
      Marcus High School 2.3 mi Public 10-12 2 4
      Forest Vista Elementary School 2.6 mi Public PRESCHOOL-5 4 0
      Faith Lutheran Day School 2.7 mi Private PRESCHOOL-K 0 0
      Marjory Vickery Elementary School 2.7 mi Public K-5 3 0
      Shadow Ridge Middle School 2.7 mi Public 6-8 5 0
      Bluebonnet Elementary School 2.8 mi Public K-5 5 0
      Prairie Trail Elementary School 2.8 mi Public K-5 4 0
      Miller Adventist Christian School 3.0 mi Private K-8 0 0
      Garden Ridge Elementary School 3.0 mi Public K-5 5 0
      Hedrick Elementary School 3.4 mi Public K-5 0 0
      Hedrick Middle School 3.4 mi Public 6-8 1 0
      Lewisville High School 3.7 mi Public 11-12 2 3
      Lewisville High School Ben Harmon Campus 3.7 mi Public 9-10 0 0
      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
      Montessori Country Day School 3.9 mi Private PRESCHOOL-3 0 0
      Founders Classical Academy Of Lewisville 4.0 mi Public K-12 4 0
      Parkway Elementary School 4.1 mi Public K-5 3 0
      The Education Center In Lewisville 4.3 mi Public K-8 2 0
      Dale Jackson Career Center 4.3 mi Public 10-12 0 0
      Learning Center 4.3 mi Public 5-12 0 0
      Lakeland Elementary School 4.4 mi Public K-5 2 0
      Lakeland Christian Academy 4.5 mi Private PRESCHOOL-12 0 0
      Creekside Elementary School 4.7 mi Public K-5 4 0
      The Children's Courtyard #3015 4.8 mi Private PRESCHOOL-PRESCHOOL 0 0
      Marshall Durham Middle School 4.9 mi Public 6-8 2 0
      The Children's Courtyard #3034 4.9 mi Private PRESCHOOL-PRESCHOOL 0 0
      Southridge Elementary School 5.0 mi Public K-5 2 0
      Lewisville Elementary School 5.5 mi Public K-5 2 0
      Willow Bend Academy - Lewisville 5.5 mi Private 9-12 0 0
      Rockbrook Elementary School 6.7 mi Public PRESCHOOL-5 1 0
      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 SchoolDigger.com. School Review data by Niche.com.
      Local Weather for 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.