Published October 11, 2026 in Market Update

Flower Mound has more listings, but homes are still moving in 26 DAYS

By Katie Gay, Compass Realtor

Real estate, Flower Mound

The Real Estate Data Aggregator counted 211 new listings in ZIP 75028 during the three months ending August 31, 2026. That is up 14.1% from the same months of 2025. More competition is real. Price and condition matter more now.

Even with more listings, the Real Estate Data Aggregator shows the median home in ZIP 75028 went under contract in 26 DAYS. That is 4 days shorter than the same period in 2025. Buyers are still moving.

Nationally, Realtor.com reported active listings topped 1.16 million homes in September 2026. Flower Mound is not immune to that trend. The Real Estate Data Aggregator counted 143 homes for sale here, up 10% from a year before.

Buyers are stepping in, but the rate picture is real

Freddie Mac put the 30-year fixed rate at 7.40% as of October 8, 2026. That is the backdrop every buyer here is working with. The Real Estate Data Aggregator still counted 186 pending sales in ZIP 75028, up 12.7% from a year ago. Buyers are adjusting, not disappearing.

Realtor.com reported mortgage rates climbed above 7% for the first time since January 2025. That matters for how buyers qualify. It does not mean demand stopped in Flower Mound.

Prices held, mostly

The Real Estate Data Aggregator put the median sale price in ZIP 75028 at $540,000 for the three months ending August 31, 2026. That is down 0.9% from the same months of 2025. A small dip, not a slide.

The Real Estate Data Aggregator shows homes sold at 98.9% of list price on average. That is up 0.1 points from 2025. Sellers are not giving much away. But pricing tight still matters: 21.4% of homes sold above list, down 0.9 points from a year ago.

Nearly 4 in 10 homes went under contract within TWO weeks

The Real Estate Data Aggregator counted 37.6% of homes going under contract within two weeks of listing. That is down 1.8 points from 2025. Still, more than a third of homes here are not sitting long.

What this means if you own a home here

More listings mean your home has more company. The Real Estate Data Aggregator shows months of supply at 2.3, up just 0.2 months from 2025. That is still a tight market. But nationally, Realtor.com reported price cuts hit 20.8% of listings in September 2026, the highest since October 2022. That is a signal: overpriced homes are sitting.

The Federal Housing Finance Agency reported U.S. house prices rose 2.6% from July 2025 to July 2026. Flower Mound's median dipped 0.9% over the same window. Local and national do not always move together.

These are ZIP 75028 numbers for the three months ending August 31, 2026. One street can read very differently from the whole ZIP code. If you want to know what is happening on your block, text me your address.