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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With 78,486 people, 27,017 houses or apartments, and a median cost of homes of $660,403, 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 82.67% of Flower Mound's homes, and 74.37% 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 ( 36.16%). A lesser amount of the housing stock also hails from between 1940-1969 ( 1.46%).
Appreciation rates for homes in Flower Mound have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 111.70%, which ranks in the top 30% nationwide. This equates to an annual average Flower Mound house appreciation rate of 7.79%.
Over the last year, Flower Mound appreciation rates have trailed the rest of the nation. In the last twelve months, Flower Mound's appreciation rate has been 2.81%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Flower Mound were at 1.89%, which equates to an annual appreciation rate of 7.76%.
Relative to Texas, our data show that Flower Mound's latest annual appreciation rate is lower than 70% 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.
$660,403
for Texas
for nation
27,017
$3,461 / per month