October's First-Time Homebuyer Report for Fannin County

Fannin County is a county that is growing faster than others in Texas at a 10-year growth rate of 18.6%. It also has a larger than average population of 33,915 people. Bonham, Leonard, and Honey Grove are the three largest cities in terms of population. With a median age of 34 years, homes in Fannin County tend to be relatively old. The top school in the county is Sam Rayburn Elementary School.

Price Range

Home values in Fannin County are generally in line with others in the state with a median home value of $83,800 and an average list price of $142,670. The Fannin County market pulled back with a 10.4% sales drop in this week's report. Overall sales numbers for the last 30 days fell below the 43.3 monthly average with 43 homes sold.

Wonder which homes are generating the most buzz? Here are the most viewed listings in Fannin County:

$105K   $520K   $219K  

Typical Dwelling

The typical dwelling in Fannin County is a three-bedroom detached home worth about $184,182. To purchase a similar home, a buyer with good credit and a $36,836 cash down payment could obtain a mortgage with a 3.95% interest rate and a $731 monthly payment. The property tax rate is $11.52 per $1,000 of taxable assessed value.

Get started right now by checking out Fannin County homes for sale or reviewing Fannin County real estate trends.

Data reported through 10/13/2016


Ask a local expert about this area:
Dallas City Center Realtors
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Fathom Realty
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The Experts Realtors
Snapped 2 homes in this area

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