75418 Home Values

Bonham's housing stock tells a tale of two eras. East of Center Street you'll find post-war cottages and mid-century ranches on generous lots, many with original hardwood floors hiding under carpet. The north side around Legacy Ridge has seen a wave of 2020s construction -- duplexes, townhomes, and tidy single-family builds filling in vacant city lots. West and south of town, the landscape shifts to brick homes on two-to-five-acre tracts with metal shops, pipe-fenced pasture, and pond frontage.

At roughly $152 per square foot, closed sales in 75418 directionally suggest a valuation discount of about 10 percent relative to Fannin County's trailing figure. Based on MLS data for May 2026 closings in 75418, the median transaction took just over two months from listing to close — notably faster than the county's pace. Sellers gave back roughly five cents on the list dollar, and about one in four closings included a concession averaging near $5,400. More than a third of transactions closed below original list price, a pattern the limited sample directionally points toward as persistent, though individual deals can shift these figures meaningfully.

With roughly 16.6 months of supply and only 39 pending transactions against 288 active listings, the pipeline in 75418 indicates buyers hold substantial selection. New listings continued to outpace pending activity over the trailing three months, maintaining inventory at levels that favor deliberate buying timelines. Compared to the broader Fannin County picture — which sits near 18 months of supply — 75418 shows marginally tighter absorption, though the difference directionally suggests both markets remain well-supplied by historical norms.