The story of this market
The typical home in ZIP 75418 sells for about $192,000, or $155 per square foot.
Prices are down 1.8% from a year ago, which gives buyers more room to negotiate. Homes take about 72 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,492 a month.
ZIP 75418 — Bonham
The 75418 housing market is currently experiencing a period of price stabilization with a median home value around $233,000. Market activity is moderate, driven by local demand and a limited supply of new inventory. While year-over-year prices have seen a slight decline, the market remains competitive for entry-level buyers.
This ZIP is well-suited for families and retirees seeking a lower cost of living compared to the DFW metroplex, as well as commuters who prefer a rural lifestyle with access to regional highways.
Median prices moved down 1.8% year over year.
Homes spend a median of 72 days on market with 4.8 months of supply — a balanced-paced market.
12% of listings have cut prices · homes sell at 97.2% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.2% · poverty 14.0% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 8.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.5%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 75418, Fannin County TX
Crime rates in Bonham are generally consistent with rural North Texas trends, with property crime being the primary concern; specific localized data for 75418 is not determinable.
Schools serving the 75418 area are primarily managed by Bonham ISD, which provides standard public education services for the region.
The area is subject to standard North Texas weather risks, including severe thunderstorms and occasional tornado activity; flood risk is localized to specific low-lying areas near water bodies.
Economic momentum is driven by local government, healthcare, and regional manufacturing, with ongoing infrastructure improvements along the Highway 121 corridor.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Texas) — Senior (65+) and Disabled Homestead Exemption and School Tax Ceiling: Grants an additional mandatory $10,000 exemption from ISD appraised value (Taxable Value_ISD = Appraised Value - $100,000 - $10,000) and establishes an absolute statutory tax freeze (school tax ceiling): total ISD property taxes cannot exceed the dollar ceiling established in the… State (Texas) — General Residence Homestead Exemption and 10% Valuation Growth Cap: Imposes mandatory state-level valuation deductions and growth limitations on the qualifying homestead: (1) Mandates a $100,000 deduction from appraised value for independent school district (ISD) maintenance and operations/debt taxation: Taxable Value_ISD = Appraised Value - $100… State (Texas) — Ad Valorem Real Property Taxation and Assessment Ratio: Mandates ad valorem appraisal of all real property at 100% of fair market value as of January 1 each tax year (Assessment Ratio = 1.00).
Commuting is primarily car-dependent, with residents traveling via Highway 121 and Highway 82 toward employment hubs in the Sherman-Denison area or the Dallas-Fort Worth metroplex.
The area features access to Bonham State Park, Lake Bonham for water-based recreation, and various local parks and golf facilities within the city limits.
The rental market is characterized by a high share of single-family home rentals and limited multi-family inventory, with rents showing stability.
The local economy is anchored by public administration, healthcare services, and regional manufacturing, with a focus on serving the Fannin County population.
Transportation is dominated by private vehicle use, with Highway 82 and Highway 121 serving as the primary arterial routes.
Development is focused on residential expansion on the outskirts of Bonham and infrastructure upgrades to support regional growth.
The Fannin Central Appraisal District manages property assessments for all taxing jurisdictions within the county.
Parcels are subject to levies from Bonham ISD, Fannin County, and the City of Bonham, with potential special utility district assessments.
Property insurance premiums are influenced by regional exposure to severe weather, including wind and hail risks common in North Texas.
Data retrieved from Census Bureau ZCTA profiles.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Grayson County Speedway4.718.8 mi
- North Texas Safari Park4.85.6 mi
- Bonham State Park4.51.7 mi
- Majestic 6 Theatre4.23 mi
- Bonham Parks & Recreation Department4.33.4 mi
- Bonham State Park4.51.7 mi
- Powder Creek Park4.72.9 mi
- Bonham Parks & Recreation Department4.33.4 mi
- Legacy Ridge Country Club3.85 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Offers hiking, fishing, and swimming in a scenic setting.
A primary recreational hub for boating and fishing in the region.
Local public golf facility serving the community.
Key-figure check: median price diverges 17.6% from the nearest retained anchor (published ten-year series (2025)) — beyond the 12.5% tolerance; an automated validation case is open and the value publishes pending its verdict.