$40,000
County Road 2906
Bonham, TX
0 ba
Land26,180 sqft lot
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Sarah Mitchell
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Compass Real Estate · Bonham, TX
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
Bonham, TX(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews
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Bonham, TX Housing Market & Real Estate
Buyer's market+23.4% YoY
Housing market overview · Updated monthly ·
$205,500median sale price
How is the Bonham, TX housing market right now?
The median home sale price in Bonham, TX is $205,500, up 23.4% year-over-year. Homes sell in an average of 34 days with 77 active listings. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Bonham a buyer's or seller's market?
Buyer's market7.7 months of supply34 avg. days on market
Bonham, TX is currently a buyer's market, based on 7.7 months of supply and homes selling in about 34 days. How we determine this →
Homes sold
10
Last 12 weeks
Days on market
34
Average pace
Active listings
77
7.7 months supply
Sale-to-list
97.9%
Below asking
What does the Bonham housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $205,500 |
| Median list price | $235,000 |
| Year-over-year price change | +23.4% |
| Average days on market | 34 days |
| Active inventory | 77 listings |
| Months of supply | 7.7 months |
| Sale-to-list price ratio | 97.9% |
| Median price per sq ft | $124/sq ft |
| Homes sold (latest month) | 10 |
| New listings (latest month) | 17 |
| Listings with a price cut | 35.1% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Bonham by property type?
How the Bonham, TX market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $195,000 | $127/sq ft | 7 | 38 days |
| Townhouse | $180,000 | $134/sq ft | 1 | 36 days |
Source: Redfin · Updated monthly
The Bonham housing market is currently classified as a buyer's market with a median sale price of $205,500. Prices have risen 23.4% compared to last year, with homes spending an average of 34 days on market, indicating 7.7 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 4.3x provides context for how home values compare to local earning capacity.
Homes for sale in Bonham
There are currently 77 homes listed for sale in Bonham, Texas. The median listing price is $235K. Featured listings range from $40,000 to $729,900.
$60,000
104 S Main St
Bonham, TX
0 ba
Land15,420 sqft lot
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$65,000
2107 Island Byu
Bonham, TX
0 ba
Land1.00 acres
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$118,000
1711 Oriental St
Bonham, TX
2 bd1 ba1,032 sqft$114/ft²
House14,985 sqft lot
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$139,900
302 E 10th St
Bonham, TX
2 bd1 ba1,263 sqft$111/ft²
House9,888 sqft lot
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$150,000
450 County Road 4225
Bonham, TX
0 ba
Land2.93 acres
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$239,000
265 S FM 271
Bonham, TX
3 bd2 ba1,728 sqft$138/ft²
House15,769 sqft lot
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$244,000
Highway 78
Bonham, TX
0 ba
Land12.20 acres
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$279,000
2109 Beavers Pt
Bonham, TX
0 ba
Land21,911 sqft lot
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$283,990
1919 Glory Dr
Bonham, TX
3 bd2 ba1,211 sqft$235/ft²
House7,640 sqft lot
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$315,000
808 E 6th St
Bonham, TX
4 bd2 ba1,930 sqft$163/ft²
House8,886 sqft lot
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$729,900
2110 Beavers Pt
Bonham, TX
3 bd2 ba2,229 sqft$327/ft²
House2.33 acres
View photos & details
Looking to buy in Bonham?
Get connected with a local real estate expert — free, no obligation.
Active listings
77
Homes on market
Median list price
$235K
Avg. days on market
34
Days until sale
New this week
17
Newly listed
Price drops:35.1%of listings
Sale-to-list:97.9%
Who lives in Bonham?
Population
10,594
Median income
$53,232/yr
Median age
37.4 years
Owner-occupied
56.0%
College grads
15.8%
Avg commute
25.7 min
Source: U.S. Census Bureau ACS
What are homes worth in Bonham?
Zillow home value
$230,235
Zillow rent index
$1,506/mo
Price-to-rent ratio
12.7x
Price-to-income
4.3x
Source: Zillow Research
What is it like to live in Bonham?
Bonham is a community of approximately 11K residents with a median age of 37.4 years.The median household income is $53,232, which represents a working-class community with solid middle-income opportunities. 15.8% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 56.0%, showing a blend of owner and renter-occupied properties. The average commute time is 25.7 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Bonham offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Bonham?
5 schools tracked · 1,974 students
The largest public schools serving Bonham, TX by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
BONHAM H S
Grades 9-12 · 560 students
FINLEY-OATES EL
Grades K-3 · 546 students
EVANS EL
Grades 4-6 · 402 students
RATHER L H
Grades 7-8 · 275 students
BAILEY INGLISH EARLY CHILDHOOD CENTER
Grades PK · 191 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Bonham, TX?
Want a head-to-head view? Compare Bonham side-by-side with any other U.S. city using our market-comparison tool.
Is Bonham a good real estate investment market?
For investors evaluating Bonham, the price-to-rent ratio of 12.7x suggests potential rental yield opportunity, making the market attractive for income-focused investors. The market has appreciated 23.4% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Bonham's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Bonham's median home price.
Frequently asked questions
What is the average home price in Bonham?
The median home sale price in Bonham is $205,500, up 23.4% from last year.
How long do homes stay on market in Bonham?
Homes typically spend 34 days on market before going under contract.
What is the median income in Bonham?
The median household income is $53,232 per year.
Is Bonham a buyer's or seller's market?
With 7.7 months of supply, Bonham is currently a buyer's market.
How many homes are for sale in Bonham?
There are currently 77 homes listed for sale in Bonham, TX.
What is the Zillow home value estimate for Bonham?
The Zillow Home Value Index (ZHVI) for Bonham is $230,235, representing the typical home value in the area.
How much does a single-family home cost in Bonham?
The median single-family home price in Bonham, TX is $195,000 (about $127 per square foot).
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