Fannin County First-Time Homebuyer Report for June

Fannin County is a county in Texas with a median income of $43,389 per household. Besides being somewhat affluent, its population is younger than others with a median age of 41 years. Its three largest cities are Bonham, Leonard, and Honey Grove. The Fannin County market almost exclusively consists of detached houses, accounting for 99% of the current homes in the area. The best school in the county is Sam Rayburn Elementary School.

Price Range

The housing prices of Fannin County are close to the state average with a median home value of $83,800 and a current average list price of $170,341. Bailey, Leonard, and Ravenna have the highest worth in the county.

Typical Dwelling

The typical dwelling in Fannin County is a three-bedroom detached home worth about $181,947. To purchase a similar home, a buyer with good credit and a $36,389 cash down payment could obtain a mortgage with a 3.95% interest rate and a $629 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 6/15/2017

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