Bonham, TX metro area Housing Market

Cold Market

Comprehensive housing market data for the Bonham, TX metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.

Data period: January 2026

Median Sale Price

$275K

5.2% YoY

Days on Market

94 days

4.1% YoY

Active Inventory

205

1.4% YoY

Homes Sold

20

100.0% YoY

Cold Market

Inventory is high and homes are sitting longer — a buyer's market.

Bonham, TX metro area Market Summary

The Bonham, TX metro area housing market is cooling down. As of January 2026, the median home sale price is $275K, down 5.2% year-over-year. Homes are spending a median of 94 days on the market, 4.1% shorter than a year ago.

There are 205 homes for sale — 1.4% fewer than last year. With 10.3 months of supply, this is a buyer's market. 42 new listings were added during this period, up 2.4% year-over-year.

Homes are selling for 90.8% of their list price on average, suggesting room for negotiation. 15.0% of homes sell above their asking price. 25.4% of listings have had a price drop.

Market Opportunity Score

Based on current market conditions

93

Contributing Factors

Months of Supply 10.3
Days on Market 94
Price Drops 25.4%
Sale-to-List Ratio 90.8%
Market Temperature Cold

How This Market Compares

vs. National Median

Median Price (National: $423K) 35.0%
Days on Market (National: 66) 42.4%
Inventory (National: 1,210,379) 100.0%

vs. Texas Median

Median Price (Texas: $330K) 16.6%
Days on Market (Texas: 88) 6.8%

Investor Takeaway

The cooling market may present buying opportunities with less competition and more negotiating leverage. High inventory relative to sales pace means buyers have options and sellers may be flexible on price. A significant share of sellers are cutting prices, which can signal motivated sellers and potential deals. Prices are 35% below the national median, which could indicate stronger cash flow potential.

Bonham, TX metro area Market Trends

Median Sale Price

Median Days on Market

Active Inventory

Homes Sold

Price per Square Foot

Sale-to-List Ratio

New Listings

Listings with Price Drops

Detailed Market Metrics

Median List Price

$290K

Price per Sq Ft

$161

Sale-to-List Ratio

90.8%

Months of Supply

10.3

Sold Above List

15.0%

Price Drops

25.4%

New Listings

42

2.4% YoY

Pending Sales

36

Off Market in 2 Weeks

8.3%

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Housing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.