in Bonham, TX • 2026 Buying Guide
Best Month
January
$128K
Avoid
September
$164K
Potential Savings
$36K
22.2% difference
Market Type
Balanced
4.9 mo. supply
Highlight your townhouse's advantages over condos (more space, private entrance) and its affordability compared to single-family homes. End units and those with garages command premium pricing.
Median Sale Price
$191K
N/A YoY
Days on Market
64
median days
Inventory
59
active listings
Sale-to-List Ratio
94.0%
room to negotiate
Jan
$128K
BestFeb
$134K
Mar
$151K
Apr
$148K
May
$136K
Jun
$137K
Jul
$145K
Aug
$132K
Sep
$164K
PeakOct
$152K
Nov
$147K
Dec
$137K
Based on historical sales data in Bonham
Townhouses attract first-time buyers and downsizers, making timing more predictable. Winter offers the best deals as families are less active, but early spring (before the rush) can offer good inventory before competition heats up.
Pro Tip: With Bonham's median price at $191K, a 20% down payment would be approximately $38K. Get pre-approved early to know exactly what you can afford.
Based on our analysis of Bonham's housing market, January is typically the best time to buy a townhouse. During this month, prices average around $128K, which is 22.2% lower than peak prices in September. Townhouses attract first-time buyers and downsizers, making timing more predictable. Winter offers the best deals as families are less active, but early spring (before the rush) can offer good inventory before competition heats up.
The current median home price in Bonham is $191K. Townhouse prices vary based on location, size, and condition. Year-over-year, prices have changed N/A. Townhouses often appreciate similarly to single-family homes in the same area while requiring less maintenance. End units and those with garages typically appreciate faster.
Bonham has a balanced market. This means you have reasonable options without extreme competition. Take time to find the right townhouse but be prepared to move when you find it.
Key considerations for buying a townhouse in Bonham include: End unit vs. interior - affects noise, natural light, and resale value; Understand exactly what the HOA maintains (often exterior only); Check shared wall sound insulation quality. Also watch for red flags like Shared driveways or parking issues and Evidence of water intrusion on shared walls.
Homes in Bonham currently spend an average of 64 days on market. This suggests a slower market where you have more time to negotiate.
Most townhouses qualify for conventional, FHA, and VA loans Some lenders classify townhouses as condos - verify with your lender With Bonham's median price of $191K, you'll want to get pre-approved early to understand your budget.
Looking for the best time to buy a townhouse in Bonham? Our analysis shows that January typically offers the best prices, with homes averaging around $128K. Buying during this time could save you up to $36K compared to peak months like September.
With a median price of $191K and homes spending an average of 64 days on market, Bonham is currently a balanced market. There's currently 4.9 months of inventory available.
Townhouses often appreciate similarly to single-family homes in the same area while requiring less maintenance. End units and those with garages typically appreciate faster.
Working with a local real estate agent who knows Bonham can help you understand neighborhood dynamics, identify the best opportunities, and negotiate effectively in this market.
Connect with local agents who specialize in townhouses.