75413
Bonham, Texas
Bonham 75413 needs watching.
The 75413 ZIP code in Bonham, Texas has a median sale price of $170K, down N/A year-over-year. Homes spend an average of 176 days on market, with 0% of homes selling above list price.
Folio's PropIQ™ score of 27 signals Caution conditions. Elevated price drops and longer days on market indicate softening in 75413.
The Bonham 75413 market shows pronounced buyer leverage with homes sitting an average of 176 days before sale, more than triple the national average of approximately 50 days. The median sale price holds at $170,000 with flat year-over-year movement, indicating price discovery has stalled. Zero percent of transactions close above asking price, confirming sellers lack pricing power and must meet market bids to secure deals.
This environment favors patient buyers with financing in place who can negotiate 5-10% below list price on aged inventory and extract seller concessions on repairs or closing costs. Investors seeking cash-flow rental properties may find reasonable entry points at $170,000, though the extended 176-day absorption period signals limited appreciation potential for fix-and-flip strategies. Sellers face difficult conditions and should price at or below recent comparables to avoid extended carrying costs.
The PropIQ score of 27 out of 100 indicates significant market weakness with elevated risk of further price softening if inventory continues accumulating. The combination of flat pricing, extreme days-on-market, and zero above-ask sales suggests demand remains insufficient to absorb supply at current levels. Monitor monthly inventory counts and any movement beyond 180 days on market, which would signal potential capitulation pricing from distressed sellers.
What is the median home price in 75413 Bonham?
The median sale price in 75413 is $170K, down N/A year-over-year as of 2025-11-30.
How long do homes stay on the market in Bonham 75413?
Homes in 75413 Bonham spend an average of 176 days on market before going under contract.
Is Bonham 75413 a good place to invest in real estate?
Folio's PropIQ™ score for 75413 is 27/100 — a Caution signal. 0% of homes sold above asking.
What does a PropIQ™ score of 27 mean for 75413?
PropIQ™ is Folio's proprietary market score combining price momentum, days-on-market velocity, inventory absorption, and investment signals into a 0–100 number. Score of 27 = Caution in 75413 Bonham, Texas.