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Affordable Housing in Bonham, TX

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Bonham, TX Foreclosures

How much do homes sell for in Bonham, TX?
The average home price is currently $271,119.
In Bonham, TX, how many homes are available?
There are currently 2 active home listings available in Bonham.
What’s the average rental cost in Bonham, TX?
The average rental price in Bonham is $1,215.
What is the most expensive home in Bonham?
The most expensive home sold in Bonham had a price of $4,683,300.
What is currently the cheapest priced home in Bonham, TX?
The cheapest home for sale in Bonham is priced at $15,060.

Living in Bonham, TX

Bonham, TX is a quaint town full of charm, offering a mix of historical significance and community spirit. With a population of around 10,000, it provides a friendly atmosphere complemented by parks, local shops, and events. The town's strategic position allows easy access to major highways, connecting residents to larger Texas cities for work or leisure.

Current Market Conditions in Bonham, TX

The Bonham real estate market is experiencing a steady increase in demand, particularly among families and retirees looking for affordable housing options. The community's appeal comes from its historical charm and strategic location near major highways, which has attracted new residents over the past year.

The median home prices have shown positive growth, correlating with an increasing trend of newcomers to the area. With a range of homes available, from historic buildings to new constructions, buyers are finding diverse choices that meet their needs.

Home Value Estimator For Bonham, TX

There are currently 4,592 real estate properties in Bonham, TX, with a median automated valuation model (AVM) price of $205,333.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Bonham, TX, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Bonham, TX, is $271,119.00, with the most expensive house in Bonham, TX, topping out at $4,683,300.00 and the cheapest home in Bonham, TX, clocking in at $15,060.00. In other words, there’s something for every potential homebuyer or savvy investor in Bonham, TX!

Rent Prices In Bonham, TX

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Bonham, TX, is on a rollercoaster ride. The average rent price in Bonham, TX, is $1,215.00. Indeed, when looking to rent in Bonham, TX, you can expect to pay as little as $550.00 or as much as $3,120.00, with the average rent median estimated to be $1,170.00. The good news is that finding an affordable and desirable property to rent in Bonham, TX -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Bonham, TX Affordable Housing


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