Flower Mound, TX—75028
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Flower Mound, TX
Home Price Trends — Flower Mound, TX
As of Oct '25, the median home price in Flower Mound, TX is $528,000, with a year-over-year change of -3.1%. This indicates that home prices in Flower Mound, TX are decreasing. According to Zillow, the 1-year price projection is -0.2%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $528,000 | -3.1% |
| Single Family | $528,000 | -3.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $412,000 | -2.1% |
3 Bed | $420,000 | -4.3% |
4 Bed | $596,000 | -3.1% |
| 5 Bed | $797,000 | -2.0% |
% of Housing Stock
Rental Trends — Flower Mound, TX
As of July '25, Rentcast reports the average rent in Flower Mound, TX is $2,640, with a year-over-year rent change of -5.4%. Per bedroom, the median rent as of July '25 in Flower Mound, TX is studios: $1,510, 1-bedrooms: $1,550, 2-bedrooms: $2,150, 3-bedrooms: $2,720, 4-bedrooms: $3,240. The most common rental property sizes in Flower Mound, TX are 3-bedroom and 2-bedroom, accounting for 30.8% and 29.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,580 | $2,640 |
| Studio Rent | $1,510 | $1,510 |
| 1 Bed Rent | $1,520 | $1,550 |
| 2 Bed Rent | $2,090 | $2,150 |
| 3 Bed Rent | $2,600 | $2,720 |
| 4 Bed Rent | $3,100 | $3,240 |
% of Rental Stock
Property Listings — Flower Mound, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Flower Mound, TX is 54. This is a increase of 36.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 32.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $526,000 | 2.0% |
Listing Count | 150 | 10.0% |
| Listings as % of Homes | 0.5% | 10.0% |
Days on Market | 54 | 36.0% |
Demographics — Flower Mound, TX
As of the latest ACS Survey released in 2023, Flower Mound, TX has a population of 48,600, which has increased by 4.0% over the past 5 years. Flower Mound, TX is a moderately popular place for families, as children make up 24.5% of the population. The area has a highly educated workforce, with 62.3% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 25.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 48,600 | 4.0% |
% Under 18 | 24.5% | -7.9% |
% Seniors | 12.5% | 31.6% |
% WFH | 25.8% | 177.4% |
% w/ College Degree | 62.3% | 7.6% |
As of the latest ACS Survey released in 2023, Flower Mound, TX is a predominantly white area, with 68.1% of the population identifying as white. The white population has shrunk by 6.2% in the last 5 years. The second most common race or ethnicity in Flower Mound, TX is hispanic, making up 12.0% of the population. Foreign-born residents account for 13.7% of the population in Flower Mound, TX, and this percentage has increased by 17.1% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 68.1% | -6.2% |
% Black | 3.7% | -26.0% |
% Hispanic | 12.0% | 16.5% |
% Asian | 11.8% | 29.7% |
% Foreign Born | 13.7% | 17.1% |
Mortgage and Risk — Flower Mound, TX
According to HUD data as of 2023, there were 38 mortgage originations in Flower Mound, TX, of which 92.0% of loans were conventional mortgages. The average loan-to-value was 59.0%, with 24.0% above 90% LTV (very high). This implies large mortgage risk in Flower Mound, TX. Investor activity is low, as 0.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 38 |
% Conventional Loans | 92.0% |
% Government Loans | 8.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Flower Mound, TX
As of 2024, the percent of homes in Flower Mound, TX under the Section 8 program is 1.3%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Flower Mound, TX, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 46 |
Total Units Section 8 | 46 |
% Rentals under Section 8 | 1.3% |
% Occupied Section 8 | 76.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $820 | $1,520 | $2,340 |
| 2 Bedroom | $650 | $2,090 | $2,740 |
| 3 Bedroom | $830 | $2,600 | $3,430 |
| 4 Bedroom | $1,310 | $3,100 | $4,410 |
Affordability — Flower Mound, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.6 |
| Median Home Price | $528,000 |
| Median Household Income | $147,000 |