Bonham, TX

Buyer's market+21.5% YoY

Housing market overview · Updated weekly

$232,000median sale price

Homes sold

5

Last 12 weeks

Days on market

45

Average pace

Active listings

50

10.0 months supply

Sale-to-list

97.2%

Below asking

The Bonham housing market is currently classified as a buyer's market with a median sale price of $232,000. Prices have risen 21.5% compared to last year, with homes spending an average of 45 days on market, indicating 10.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Bonham

There are currently 50 homes listed for sale in Bonham, Texas. The median listing price is $201K.

Active listings

50

Homes on market

Median list price

$201K

Avg. days on market

45

Days until sale

New this week

10

Newly listed

Price drops:24.0%of listings
Sale-to-list:97.2%

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Frequently asked questions

What is the average home price in Bonham?

The median home sale price in Bonham is $232,000, up 21.5% from last year.

How long do homes stay on market in Bonham?

Homes typically spend 45 days on market before going under contract.

Is Bonham a buyer's or seller's market?

With 10.0 months of supply, Bonham is currently a buyer's market.

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