There are currently 22,035 real estate properties in Flower Mound, TX, with a median automated valuation model (AVM) price of $555,500.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Flower Mound, TX, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Flower Mound, TX, is $633,394.00, with the most expensive house in Flower Mound, TX, topping out at $10,981,400.00 and the cheapest home in Flower Mound, TX, clocking in at $36,124.00. In other words, there’s something for every potential homebuyer or savvy investor in Flower Mound, TX!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Flower Mound, TX, is on a rollercoaster ride. The average rent price in Flower Mound, TX, is $2,473.00. Indeed, when looking to rent in Flower Mound, TX, you can expect to pay as little as $640.00 or as much as $4,100.00, with the average rent median estimated to be $2,420.00. The good news is that finding an affordable and desirable property to rent in Flower Mound, TX -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.
Flower Mound is located in Denton, Texas, with an estimated municipal population of 79,135 residents. All of the best foreclosed homes for sale in Flower Mound are located in the following zip code areas on Foreclosure.com: 75022 75028 76262 75027. The estimated population per square kilometer (.62 miles) in Flower Mound is 728.
So, about how much do homes cost in Flower Mound? The most recent median value of resident-owned homes in Flower Mound is 361,494. An estimated 85.8 percent of households in Flower Mound own their homes, with an average family size of 3.33. The median household income in Flower Mound is 137,285, with67 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Flower Mound, the median commute time of resident workers (in minutes) is 28.4. And last, but certainly not least, are you looking for homes to rent in Flower Mound? If so, the average rent price paid by renters in Flower Mound is 1,731, according to recent statistics.
Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Flower Mound, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.
The median age of residents in Flower Mound is 39.7, split between 49.7 percent male versus 50.3 female. The percentage of residents who report being married in Flower Mound is 65.7, with an average family size of 3.33.
The percentage of residents who report their race in Flower Mound is as follows:
| White | 78.9% |
| Black / African American | 3.9% |
| Asian | 10.9% |
| American Indian / Alaskan Native | 0.3% |
| Native Hawaiian / Other Pacifc Islander | 0% |
| Multi-racial | 3% |
| Other | 2.8% |
Looking for family-friendly neighborhoods in and/or near Flower Mound? Or maybe you are searching for 55+ active adult communities in and/or near Flower Mound?
The percentage of residents who report their age in Flower Mound is as follows:
| Under 10 | 12.8% |
| Aged 10-19 | 17.4% |
| 20s | 8.2% |
| 30s | 12.1% |
| 40s | 17.6% |
| 50s | 17.6% |
| 60s | 8.8% |
| 70s | 4% |
| 80+ | 1.5% |
It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Flower Mound with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Flower Mound.
How do you know that living in -- or moving to -- Flower Mound is right where you need to be? Perhaps you grew up in Flower Mound or already live nearby; therefore, the decision to buy a home in Flower Mound is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Flower Mound for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.
Here are some questions to ask yourself when shopping for foreclosed homes for sale in Flower Mound:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Flower Mound.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Flower Mound can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Flower Mound, meanwhile, can field multiple offers from more qualified buyers.
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