The housing market in 75418 Bonham, TX appears to be quite healthy. The median value of homes in the area is $202,600 which is significantly lower than the national median value of $338,100. Despite this lower figure, homes in 75418 Bonham, TX have seen a much higher appreciation rate over the past year, with an increase of 21.41% compared to 8.27% nationally. This indicates that the local housing market is thriving and could be a great investment opportunity for potential buyers considering a move to this area.
The median home cost in Bonham (zip 75418) is $202,600. Home appreciation the last 10 years has been 144.0%. Home Appreciation in Bonham (zip 75418) is up 23.0%.
Average Age of Homes
- The median age of Bonham (zip 75418) real estate is 39 years old
The Rental Market in Bonham (zip 75418)
- Renters make up 27.2% of the Bonham (zip 75418) population
- 0.0% of houses and apartments in Bonham (zip 75418), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.