Flower Mound, TX
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA



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Flower Mound, TX Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2019. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2017 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Flower Mound Housing Market Information

With a population of 76,681, 23,562 total housing units (homes and apartments), and a median house value of $391,654, Flower Mound house prices are not only among the most expensive in Texas, Flower Mound real estate also is some of the most expensive in all of America.

Flower Mound is a town of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in Flower Mound than is found in 98% of the communities in America.

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Flower Mound. Owner-occupied housing accounts for 86.89% of Flower Mound's homes, and 79.30% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Flower Mound built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Flower Mound built between 2000 and later ( 26.63%). A lesser amount of the housing stock also hails from between 1940-1969 ( 2.02%).

Flower Mound Home Appreciation Rates

In the last 10 years, Flower Mound has experienced some of the highest home appreciation rates of any community in the nation. Flower Mound real estate appreciated 55.73% over the last ten years, which is an average annual home appreciation rate of 4.53%, putting Flower Mound in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Flower Mound definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

NeighborhoodScout's data show that during the latest twelve months, Flower Mound's appreciation rate, at 4.88%, has been at or slightly above the national average. In the latest quarter, Flower Mound's appreciation rate has been 1.21%, which annualizes to a rate of 4.91%.

Relative to Texas, our data show that Flower Mound's latest annual appreciation rate is lower than 60% of the other cities and towns in Texas.

One very important thing to keep in mind is that these are average appreciation rates for the town. Individual neighborhoods within Flower Mound differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Flower Mound - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Flower Mound real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$391,654

Flower Mound, TX HOME PRICES

Value Range
> $1,264,000 1.1
$948,001 - $1,264,000 3.1
$632,001 - $948,000 9.9
$506,001 - $632,000 12.6
$379,001 - $506,000 26.5
$253,001 - $379,000 29.8
$127,001 - $253,000 14.9
$63,001 - $127,000 0.7
$0 - $63,000 1.5

Very High for TX
Very High for Nation

Value Relative to Nation Value Relative to State
11.6496350364964 4.55868089233754

Number Of Homes And Apartments:
23,562

Flower Mound Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
TX*
Compared To
America*
Latest Quarter:
2018 Q4 - 2019 Q1
Last 12 Months:
2018 Q1 - 2019 Q1
Last 2 Years:
2017 Q1 - 2019 Q1
Last 5 Years:
2014 Q1 - 2019 Q1
Last 10 Years:
2009 Q1 - 2019 Q1
Since 2000:
2000 Q1 - 2019 Q1
92.41% 3.46%
5
9
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$2,516 / per month

Homeownership Rate

Homeownership
Owners 86.89
Renters 13.11
Vacant 2.83

Housing Market Details

 

Age of Homes

AGE OF Flower Mound HOMES
2000 or Newer 26.6
1970 - 1999 71.2
1940 - 1969 2.0
1939 or Older 0.1

Types of Homes

TYPE OF Flower Mound HOMES
Single-Family 91.9
Townhomes 0.9
Small Apt. Buildings 0.6
Apt. Complexes 5.3
Mobile Homes 1.1
Other 0.1

Home Size

SIZE OF Flower Mound HOMES
No Bedroom 0.34
1 Bedroom 2.63
2 Bedrooms 5.43
3 Bedrooms 31.71
4 Bedrooms 47.59
5 or more bedrooms 12.30