Flower Mound, Texas Housing Market

What stands out in Flower Mound?

• 2.4% of homes are vacant: among the lowest vacancy of 763 tracked cities. Empty homes are scarce, so well-priced rentals fill.
• The median household earns $158,738 a year: among the highest incomes of 763 tracked cities. Tenants can carry higher rents.
• 18% of occupied homes are rented: among the lowest renter shares of 763 tracked cities. Most residents own, so the tenant pool is thin. Your exit buyer may be an owner-occupant.

How far have Flower Mound prices fallen?

Asking price per square foot in Flower Mound is 19.4% below its Feb 2026 high and down 4.9% over the last year. Prices were above the year before in 84% of months since the data starts, so this market has climbed back from drops before. 31% of sellers have cut their price. Underwrite with no price growth for now and let the seller carry the next cut.

Is now a good time to buy in Flower Mound?

The median asking price is 42.9% below its May 2023 peak. Per square foot the gap is smaller: 19.4% below the Feb 2026 high. Part of the drop is smaller homes coming to market. Prices are still falling. Waiting has paid off so far. Let listings age, then come back lower. Flower Mound prices have risen in 94 of the last 112 months. Drops here have been short and shallow. Buying in a slow month has rarely hurt a long hold.

This market is turning. Which way is not settled yet. Check the monthly numbers above before you commit.

How much can you negotiate in Flower Mound?

For every 100 homes still for sale, 32 are under contract. In 2017–2019 at this time of year it was 54. The rest are still waiting for a buyer. About 1 in 3 sellers has already dropped their price. Each one has learned their first price was too high. Start your offer below their new price.

Flower Mound listings spend a median 60 days on the market. There are 230 homes for sale in Flower Mound. That is 6.8 times the tightest month on record, but below the peak of 270. Supply is growing against last year.

What to do about it

• Judge each listing on its own.
• Homes listed 90+ days ago with a price cut are where your discount is.
• Fresh, well-priced homes will not move on price. Do not waste offers on them.

How does Flower Mound compare with other Texas markets?

Ranked among the 77 Texas markets we track:

• Asking price: the priciest of 77. Flower Mound is at $715,595. Closest: Frisco.
• Buyer competition: 13th most competitive of 67. Flower Mound is at 0.32 buyers per home. Closest: Cedar Park and Brownsville.
• Time on market: 35th shortest time on market of 77. Flower Mound is at a median of 60 days on market. Closest: Coppell and Denton.
• Price cuts: 5th most price cuts of 77. Flower Mound is at 31% of sellers cutting. Closest: Cedar Park and Rowlett.

Who will rent from you in Flower Mound?

Only 18 out of every 100 Flower Mound households rent. This is an owners' town. The renter share is growing. Five years ago it was 14 in 100. Flower Mound added about 1,500 renter households in five years. Renter households average 2.3 people. Two and three bedrooms fit the typical renter.

Households grew 10% in five years. The housing stock grew 10%. The two are moving in step. Just 2.4% of homes sit empty. A well-priced rental fills fast here.

The median Flower Mound household earns $158,738 a year. Incomes here have grown 2.6% a year since 2019. Incomes and home prices are rising in step. A typical home costs 4.5 times the median income. That is the national middle. Neither cash flow nor appreciation is free here. At 30% of income, a tenant on the median income can pay about $3,968 a month.

To see what one Flower Mound address would rent for and cash flow, run it through the app.

What numbers should you underwrite a Flower Mound deal with?

• Price growth to assume — +3.5%/yr. Flower Mound grew 5.8% a year over the decade. Ignore that rate. Most of it landed in the 2020 and 2021 boom. Without the boom, Flower Mound grows about 3.5% a year. That is the number to type in. Prices fell 4.9% over the last year. Use it for timing. The five-year rate is the better guide.
• Odds you cut your price to sell — 1 in 3. 31% of Flower Mound listings have cut their asking price. Underwrite your exit below asking.
• Comp on price per square foot — $258/sqft. The typical Flower Mound listing shrank from 3,505 to 3,083 sqft since Jul 2016. So median price hides real growth: 75% per sqft versus 44% on the median. Comp on median price and you will overpay for small homes.
• Competition when you exit — +9%. Homes for sale in Flower Mound are up 9% on last year, so your resale faces more competition than today's comps did.

Read how price cuts signal a market turning and how we read these numbers, then run the numbers on a deal.

What is the median home price in Flower Mound?

The median asking price in Flower Mound is about $716,000 as of Oct 2026, up 5.6% from a year ago. The typical listing is 3% larger than a year ago, and asking price per square foot is down 4.9%. So the size of homes on the market explains much of the rise. This is the asking price on homes listed for sale. Sites that report sold prices or estimated home values will show a different number. Our Flower Mound figures cover the 3 ZIP codes with a Flower Mound mailing address, which can reach past city limits.

Is Flower Mound a buyer's or seller's market in 2026?

Neither side has the upper hand in Flower Mound right now. We compare Flower Mound with 2017–2019 at this time of year: there are 32 pending sales per 100 listings, against 54 then; 31% of sellers have cut their price, against 29% then; listings spend 4% more days on the market.

Are Flower Mound home prices going up or down?

The median asking price is 42.9% below its May 2023 peak. Per square foot the gap is smaller: 19.4% below the Feb 2026 high. Part of the drop is smaller homes coming to market. Prices are still falling. Waiting has paid off so far. Let listings age, then come back lower.

What is the best month to buy a house in Flower Mound?

Across 9 full years, Flower Mound asking prices ran lowest in September, about 5.8% below the year's average. They peaked in May. The most homes for sale show up in July, about 26% above the yearly average.

What price growth should I assume for Flower Mound?

Assume +3.5% a year. Flower Mound grew 5.8% a year over the decade. Ignore that rate. Most of it landed in the 2020 and 2021 boom. Without the boom, Flower Mound grows about 3.5% a year. That is the number to type in. Prices fell 4.9% over the last year. Use it for timing. The five-year rate is the better guide.

What is the fair market rent in Flower Mound?

HUD's fiscal year 2026 fair market rent for Denton County is $1,931 a month for 2 bedrooms and $2,431 for 3 bedrooms. The figures include tenant-paid utilities and cover the whole county.