75475
Bonham, Texas
Bonham 75475 needs watching.
The 75475 ZIP code in Bonham, Texas has a median sale price of $63K, down N/A year-over-year. Homes spend an average of 79 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 75475.
The Bonham 75475 market shows a median sale price of $63,000 with flat year-over-year movement, indicating zero appreciation over the past twelve months. Properties are averaging 79 days on market, well above the typical 30-45 day benchmark for balanced conditions. The complete absence of homes selling above list price signals weak buyer demand, with sellers unable to command premium pricing in current conditions.
Value-oriented investors seeking sub-$100,000 entry points may find opportunities, particularly those comfortable with the 79-day holding cost during marketing periods. However, the flat appreciation and extended days on market suggest minimal short-term equity gains. Cash buyers who can absorb longer timeline uncertainties face less risk than leveraged purchasers paying carrying costs through a protracted selling process.
The PropIQ score of 27 out of 100 indicates significant market headwinds that warrant careful scrutiny before committing capital. This bottom-quartile rating, combined with zero price growth and no above-list sales, suggests continued price stagnation or potential decline. Monitoring quarterly absorption rates and any shift in days-on-market trends will be critical indicators of whether conditions stabilize or deteriorate further through 2021.
What is the median home price in 75475 Bonham?
The median sale price in 75475 is $63K, down N/A year-over-year as of 2020-10-31.
How long do homes stay on the market in Bonham 75475?
Homes in 75475 Bonham spend an average of 79 days on market before going under contract.
Is Bonham 75475 a good place to invest in real estate?
Folio's PropIQ™ score for 75475 is 27/100 — a Caution signal. 0% of homes sold above asking.
What does a PropIQ™ score of 27 mean for 75475?
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 75475 Bonham, Texas.