Is Bonham a buyer's or seller's market right now?

Bonham is currently a buyer's market with 10 months of supply. Homes are selling at 97.2% of list price, and 20% go pending within two weeks. The Ridley Sell Score for Bonham is 39/100 (Cooling), based on 7 real-time market signals including inventory, pricing trends, and buyer demand.

What's the median home price in Bonham?

The median home price in Bonham is $232,000, up 21.5% year-over-year. The median price per square foot is $163. Homes sell in a median of 45 days with a sale-to-list ratio of 97.2%.

How much does it cost to sell a home in Bonham, Texas?

On a $232,000 home in Bonham, a traditional listing agent charges around $6,960 (3% commission). Add buyer agent commission (3%), closing costs (1–2%), and you could spend $18,560 or more. With Ridley Essentials ($999) you save $5,961, and with Ridley Pro ($3,499) you save $3,461 while getting full agent support.

How does Ridley's flat fee compare to a traditional Bonham agent?

A traditional Bonham listing agent typically charges 3% of the sale price — about $6,960 on a $232,000 home. Ridley offers two flat-fee plans: Essentials ($999) with MLS listing, marketing tools, and self-service support, or Pro ($3,499) with a dedicated licensed agent. That saves you $5,961–$3,461 compared to a traditional agent.

How long does it take to sell a home in Bonham?

The median home in Bonham currently spends 45 days on the market before going under contract, down 4% from last year. 20% of homes go pending within two weeks. At a 97.2% sale-to-list ratio, sellers are seeing some negotiation. Only 24% of listings see a price drop, suggesting sellers can hold firm on pricing.

Do I need a real estate agent to sell in Texas?

No. Texas does not require you to use a real estate agent to sell your home. You can sell independently (FSBO) or use a flat-fee service like Ridley that gives you MLS access, professional tools, and expert support at a fraction of the traditional commission. On a $232,000 home, that could save you up to $3,461.

What's included with Ridley Essentials and Pro?

Ridley offers two plans in Texas. Essentials ($999) includes MLS listing distribution, professional listing tools, marketing materials, and self-service support. Pro ($3,499) includes everything in Essentials plus a dedicated licensed agent partner, expert pricing consultation, offer review and negotiation support, contract and deadline management, and full closing coordination. Both save significantly vs. the traditional $6,960 commission.

National/Texas

Bonham, TX

Is Now a Good Time to Sell in Bonham, Texas?

The median home in Bonham sells for $232,000 with prices up 21.5% year-over-year. The average seller pays $6,960 in commissions — Ridley’s flat fee saves you $3,461.

Bonham Real Estate Market Conditions — April 2026

39out of 100

Ridley Sell Score

How it's scored →

Cooling

39/100

The market is shifting — strategic pricing and presentation matter more.

What this means for sellers

The Bonham market is cooling, and sellers need to be strategic. Buyers have more options and are negotiating harder. Invest in staging and professional photography to differentiate your listing. Flexibility on terms can make the difference in attracting serious buyers.

Inventory TightnessFavors buyers

10 months of supply — above the 5-month balanced threshold, giving buyers more options. Texas average is 6.5.

Price MomentumFavors sellers

Prices up 21.5% year-over-year — vs. +6.6% statewide.

Seller LeverageFavors buyers

Homes selling at 97.2% of asking — buyers are negotiating 2.8% below list. Texas average is 96.4%.

Bidding ActivityFavors buyers

0% of homes selling above list price — 100% below the Texas average of 9.3%.

Sale SpeedFavors sellers

45 median days on market — 73 days faster than the Texas average.

Market UrgencyNeutral

20% of listings go pending within 2 weeks — vs. 13.5% statewide.

Price StabilityFavors buyers

24% of listings have dropped their price. Texas average is 22%.

Score based on 7 real-time market signals. Updated with latest available data.

How it works →

Median Sale Price

The midpoint price of all homes sold in the past month. Half sold for more, half for less.

$232,000

+21.5%

Days on Market

How long the typical home sits on the market before going under contract. Lower is better for sellers.

-4%

Price per Sq Ft

Average cost per square foot of living space. Useful for comparing homes of different sizes.

$163

Sale-to-List Ratio

How close homes sell to their asking price. Above 100% means bidding wars; below means negotiation room.

97.2%

Months of Supply

How long it would take to sell all current listings at the current pace. Under 3 months favors sellers; over 6 favors buyers.

Buyer’s market

Competitiveness

Overall market competition based on offers per listing, days on market, and sale-to-list ratio.

Not Very Competitive

Price Drops

Percentage of active listings that had a price reduction.

24%

Pricing matters

Pending in 2 Weeks

Percentage of listings that went under contract within 14 days.

20%

Slower pace

12-Month Price Trend

$225,000 → $232,000

▲3.1%

$250K$200K$150K

MayJulSepNovJanMarApr

Data updated April 2026

Get AI-powered market intelligence

Personalized pricing signals, demand shifts, and Sell Score changes for Bonham — delivered monthly.

Your savings

How much can you save selling your home in Bonham?

The average Bonham homeowner saves $3,461 by selling with Ridley instead of paying the traditional 3% listing commission on a $232,000 home.

$0Estimated savings

That could furnish your new living room — save 1.5% of your home value

Your Bonham home value

$232,000

$50,000$10M

Traditional Agent (3%)

$6,960

Ridley Pro (flat fee)

$3,499

Ready to sell in Bonham?

Get a personalized selling strategy with AI-powered pricing analysis

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Cost comparison

How much does it cost to sell a house in Bonham?

The total cost to sell a house in Bonham in 2026 ranges from $999 with Ridley Essentials to approximately $6,960 with a traditional 3% commission on a $232,000 home.

	Traditional Agent	Best valueRidley Pro	Ridley Essentials	FSBO
Listing fee	$6,960	$3,499	$999	$0
Buyer agent	$6,4962.8% avg	$4,640~2% avg	$4,640~2% avg	$6,4962.8% avg
Closing costs (~1.5%)	$3,480	$3,480	$3,480	$3,480
Total cost	$16,936	$11,619	$9,119	$9,976
Net proceeds	$215,064	$220,381	$222,881	$222,024
You save	—	$5,317	$7,817	$6,960No support