4-week rolling average · Data through March 1, 2026 · ZIP 75028
The Flower Mound, TX (75028) market is competitive with a score of 70 out of 100, and homes are selling at a median of $550,000, which is above the median list price of $529,000, reflecting solid buyer demand. Homes are moving in just 25 days and 18.4% of properties are closing above asking price. That said, a 14-unit year-over-year decline in homes sold and a 5.7% drop in price per square foot suggest the market is showing early signs of softening.
| Beds | Sale Price | Rent |
|---|---|---|
| 1BR | — | $1K/mo |
| 2BR | $435K | $2K/mo |
| 3BR | $442K | $2K/mo |
| 4BR | $575K | $3K/mo |
| 5BR | $1000K | $5K/mo |
| 6BR | $1.25M | — |
Sellers remain in a strong position with the median sale price of $550,000 exceeding the median list price of $529,000 and 18.4% of homes closing above asking. Pricing strategically while the competition score holds at 70 out of 100 can help you maximize returns before the 5.7% year-over-year decline in price per square foot accelerates.
Buyers in Flower Mound should be prepared to act quickly, as the median days on market is just 25 and the competition score sits at 70 out of 100. With 174 active listings and an average sale-to-list ratio of 97.7%, there is some negotiating room, though well-priced homes are still drawing strong interest.
The median rent of $2,350 against a median sale price of $550,000 produces a gross rent yield of roughly 5.1%, which is tight when measured against a 30-year mortgage rate of 5.98%. The 5.7% year-over-year decline in price per square foot and 196 units of rental inventory may create room to negotiate on acquisition price, particularly for 3-bedroom properties renting at $2,499 per month.
The current 30-year fixed mortgage rate of 5.98% and 15-year rate of 5.44% continue to weigh on affordability in a market where the median sale price is $550,000. Buyers who can qualify for the 15-year rate or bring a larger down payment to the table will see meaningful interest savings over the life of the loan.
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Market intelligence by FarmPosts