Bonham, TX75418

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$232,000
1.4% YoY Growth
Median Household Income
$61,300
40.9% 5-Year Growth
Days on Market
86
6.0% Shorter than last year
Home Price Forecast
N/A
Median Rent
$1,450
4.3% YoY Growth
1-Bed Rent
$880
24.7% YoY Growth
2-Bed Rent
$1,050
15.0% YoY Growth
3-Bed Rent
$1,500
3.6% YoY Growth

Other Zip Codes in Bonham, TX

Property Listings — Bonham, TX

As of Oct '25, Realtor.com reports that the median days on market for a home in Bonham, TX is 86. This is a decrease of -6.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 24.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$257,0000.0%
Listing Count
11524.0%
Listings as % of Homes1.3%24.0%
Days on Market
86-6.0%
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Demographics — Bonham, TX

As of the latest ACS Survey released in 2023, Bonham, TX has a population of 14,700, which has increased by 2.1% over the past 5 years. Bonham, TX is a moderately popular place for families, as children make up 17.6% of the population. The area has a poorly educated workforce, with 19.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.4% reporting working from home.

MetricLatest CensusYoY % Change
Population
14,7002.1%
% Under 18
17.6%-3.8%
% Seniors
18.8%-5.5%
% WFH
10.4%85.7%
% w/ College Degree
19.4%19.0%
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As of the latest ACS Survey released in 2023, Bonham, TX is a predominantly white area, with 67.9% of the population identifying as white. The white population has shrunk by 5.8% in the last 5 years. The second most common race or ethnicity in Bonham, TX is hispanic, making up 17.0% of the population. Foreign-born residents account for 7.0% of the population in Bonham, TX, and this percentage has increased by 1.4% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
67.9%-5.8%
% Black
9.7%3.2%
% Hispanic
17.0%17.2%
% Asian
0.8%-33.3%
% Foreign Born
7.0%1.4%
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Mortgage and Risk — Bonham, TX

According to HUD data as of 2023, there were 163 mortgage originations in Bonham, TX, of which 55.0% of loans were conventional mortgages. The average loan-to-value was 78.0%, with 53.0% above 90% LTV (very high). This implies large mortgage risk in Bonham, TX. Investor activity is low, as 2.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
163
% Conventional Loans
55.0%
% Government Loans
45.0%
% Investor Loans
2.0%
% Second Loans
0.0%
% Cash Out Refinance
5.0%

Loan Activity

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Rentals and Section 8 — Bonham, TX

Bonham, TX lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
286
Total Units Section 8
286
% Rentals under Section 8
N/A
% Occupied Section 8
75.7%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom-$170$880$710
2 Bedroom-$120$1,050$930
3 Bedroom-$190$1,500$1,310
4 Bedroom$130$1,450$1,580

Affordability — Bonham, TX

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio3.8
Median Home Price$232,000
Median Household Income$61,300

Bonham, TX — ZIP Code Boundary Map

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Frequently Asked Questions