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Bonham, TX Real Estate


According to census data in the year 2000 there were 3,349 housing units in Bonham. This represents a 7.8% growth from 3,108 in 1990.

Of those housing units, 3,105 were located in either urbanized areas or urban clusters, and 244 were located in what is classified as a rural area.

Homeownership rate in Bonham is about 59.5%. Bonham's vacancy rate, including seasonal lodging, is about 14.4%. Average household size is 2.37 people.

The majority of houses, apartments or condos in Bonham were built after 1962.

Statistics

Housing Size

Housing Units by Size
Studio Type2.30%
One Bedroom16.50%
Two Bedrooms36%
Three Bedrooms37.70%
Four Bedrooms6%
Five Bedrooms or more1.50%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.45
Median year structure was built1960
Median Value of occupied units$47,900
Median Price asked for vacant units$36,700

Rented Homes, Apartments and Condos

Average Household Size2.24
Median year structure was built1967
Median Monthly Rent asked for vacant units$444

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage0.60%
Home Equity Loan3.80%
Simple Mortgage35.80%
Debt Free59.80%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs14.5%