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Bonham, TX

Full City Profile · Texas · Fannin County County

2.8 /5.0
C+ Fair
10,594 Population 1,078/sq mi density
$53,232 Median Income $25,040 per capita
$183,600 Home Value $224,174 Zillow
$1,029 Median Rent 25.5% income on rent
64°F Avg Temperature 308 sunny days/yr
192 Violent Crime/100K 1,615 property/100K
C+
Overall
2.8 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.2 / 5.0
$53,232 median income, 3.4% unemployment
A+
Affordability
4.7 / 5.0
$183,600 home value, $1,029/mo rent
F
Safety
1.0 / 5.0
192 violent crimes/100K
C
Education
2.3 / 5.0
15.8% bachelor's degree or higher

Housing Overview

Median Home Value
$183,600
35% below
US avg: $281,900
Median Rent
$1,029/mo
12% below
US avg: $1,163/mo
Homeownership Rate
56.0%
14% below US avg (65.4%)
Total Housing Units
3,527
Median year built: 1977

Home Value by Source

Census Median
$183,600
Zillow (ZHVI)
$224,174
Median Sale Price
$232,000
Median List Price
$201,450
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

56.0%
Owner-Occupied
44.0%
Renter-Occupied
56%
44%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$887/mo
1 Bedroom
$935/mo
2 Bedroom
$1,149/mo
3 Bedroom
$1,497/mo
4 Bedroom
$1,733/mo
Census median rent: $1,029/mo

Market Indicators (Redfin)

Median Days on Market
45 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
5
Price Drops
24.0%
of listings with price reduction
Price Per Sq Ft
$163
Active Inventory
50
homes for sale

Affordability & Housing Stock

Rent Burden
25.5%
of renters spending 30%+ of income on housing
18% below US avg (31.0%)
Median Year Built
1977
Average age of housing stock: 49 years
Homeownership Rate
56.0%

Complete Housing Data

Home Values

Census Median Value$183,600
Zillow Home Value (ZHVI)$224,174
Median Sale Price$232,000
Median List Price$201,450
Price Per Sq Ft$163

Rent

Census Median Rent$1,029
FMR Studio$887
FMR 1-Bedroom$935
FMR 2-Bedroom$1,149
FMR 3-Bedroom$1,497
FMR 4-Bedroom$1,733

Market

Days on Market45
Sale-to-List Ratio1.0%
Price Drops24.0%
Homes Sold5
Active Inventory50
Price Per Sq Ft$163

Ownership & Stock

Owner-Occupied56.0%
Renter-Occupied44.0%
Homeownership Rate56.0%
Total Housing Units3,527
Median Year Built1977
Rent Burden25.5%