75443
Bonham, Texas
Bonham 75443 needs watching.
The 75443 ZIP code in Bonham, Texas has a median sale price of $85K, down N/A year-over-year. Homes spend an average of 124 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 75443.
The Bonham 75443 market shows clear buyer advantage with a median sale price of $85,000 holding flat year-over-year, indicating zero appreciation over the past twelve months. Properties average 124 days on market, nearly four times the typical absorption rate in balanced Texas markets. With zero percent of homes selling above list price, sellers hold no pricing power, and buyers face no competitive pressure to escalate offers beyond asking prices.
This environment favors patient cash buyers and value investors willing to negotiate below list price on extended inventory. The 124-day marketing period allows for thorough due diligence and multiple negotiation rounds without fear of losing deals to competing offers. Sellers face challenging conditions and should expect realistic pricing and potential concessions, while those requiring quick exits may struggle given the extended timeline from listing to close.
The PropIQ score of 27 signals caution, suggesting continued price stagnation or potential decline ahead. Watch for further inventory accumulation if days on market extends beyond 130 days, which would increase downward pricing pressure. Buyers should monitor whether the zero appreciation trend persists through fall 2024, as sustained flat pricing in this score range typically precedes modest corrections in tertiary Texas markets.
What is the median home price in 75443 Bonham?
The median sale price in 75443 is $85K, down N/A year-over-year as of 2024-07-31.
How long do homes stay on the market in Bonham 75443?
Homes in 75443 Bonham spend an average of 124 days on market before going under contract.
Is Bonham 75443 a good place to invest in real estate?
Folio's PropIQ™ score for 75443 is 27/100 — a Caution signal. 0% of homes sold above asking.
What does a PropIQ™ score of 27 mean for 75443?
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 75443 Bonham, Texas.