Is Bonham, TX 75418 a buyer’s or seller’s market?

The Bonham housing market right now

In the three months ending August 31, 2026, 13% of homes in Bonham, TX 75418 sold above their list price, the typical home went under contract in 70 days and there were 10.9 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 33 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (14% then), homes sold more slowly (60 days then) and the median sale price fell 8% to $209,409. Overall, Bonham is less competitive than a year ago, which gives buyers more room.

Within Fannin County, homes here sell faster than in 83% of the county’s ZIP codes, and sell more often over asking than in 86%. On our competition score, Bonham ranks #721 of 868 TX ZIP codes with enough sales (score 14 out of 100).

Nearby, buyers who want less competition could look at Telephone 75488 (0% sold over asking) or Honey Grove 75446 (0% sold over asking), while Savoy 75479 (50% sold over asking) is even more competitive.