Is now a good time to buy land in Bonham, Texas?
Bonham, Texas is currently a strong buyer's market with 33.6 months of supply. Buyers have more negotiating power and can take time to find the right property.
Comprehensive market data and analysis• Updated Dec 2025
33.6 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 2 | 5 | 6 | 13 |
| 1-2 acres | - | 1 | 1 | 4 |
| 2-5 acres | 1 | 1 | 2 | 8 |
| 5-10 acres | 1 | 1 | 1 | 3 |
| 10-20 acres | - | - | 1 | 3 |
| 20-50 acres | - | 2 | 5 | 9 |
| 50-100 acres | - | - | 1 | 4 |
| 100+ acres | - | - | - | 1 |
| TOTAL | 4 | 10 | 17 | 45 |
Bonham, Texas is currently a strong buyer's market with 33.6 months of supply. Buyers have more negotiating power and can take time to find the right property.
Bonham, Texas currently has 33.6 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
The current absorption rate in Bonham, Texas is 3.0% (3-month basis), indicating slow demand.
The 3-month absorption rate in Bonham, Texas is 3.0%. The 12-month rate is 3.4%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Land in Bonham, Texas typically sells within 111 days of listing. The median time on market is 72 days. Properties are moving at a moderate pace in the current strong buyer's market.
Over the past 12 months, Bonham, Texas saw 45 properties sold. In just the last 3 months, 10 properties changed hands.
There are currently 112 active listings in Bonham, Texas. 25 new listings have hit the market in the last 90 days. The median asking price is $160K.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.