Bonham, TX metro area Housing Market
Cold MarketComprehensive 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: March 2026
Median Sale Price
$235K
↓ 7.3% YoY
Days on Market
112 days
– 0.0% YoY
Active Inventory
219
↓ 6.8% YoY
Homes Sold
36
↓ 5.3% 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 March 2026, the median home sale price is $235K, down 7.3% year-over-year. Homes are spending a median of 112 days on the market, 0.0% shorter than a year ago.
There are 219 homes for sale — 6.8% fewer than last year. With 6.1 months of supply, this is a buyer's market. 67 new listings were added during this period, down 20.2% year-over-year.
Homes are selling for 95.7% of their list price on average, suggesting room for negotiation. 11.1% of homes sell above their asking price. 43.4% of listings have had a price drop.
Market Opportunity Score
Based on current market conditions
93
Contributing Factors
How This Market Compares
vs. National Median
vs. Texas Median
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 46% below the national median, which could indicate stronger cash flow potential.
Bonham, TX metro area Market Trends
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Detailed Market Metrics
Median List Price
$305K
Price per Sq Ft
$153
Sale-to-List Ratio
95.7%
Months of Supply
6.1
Sold Above List
11.1%
Price Drops
43.4%
New Listings
67
↓ 20.2% YoY
Pending Sales
38
Off Market in 2 Weeks
21.1%
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Lubbock, TX metro area
$240K · 86d on market
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Try It FreeHousing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.