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📍 Telephone, TX · Zillow ZHVI · July 2026

Average Home Price in
Telephone, TX

Bonham, TX metro area · Fannin County County

Median Home Value
$382,448
↓ 2.9% year-over-year
vs. National Median
$410,000
Telephone is 7% below
Est. Monthly Payment
$1,995/mo
20% down · 6.8% rate
Income Needed
$101K
gross annual (30% rule)
Median Home Value
$382,448
↓ 2.9% year-over-year
Down Payment (20%)$76,490
Monthly P&I$1,995/mo
With Taxes & Ins.~$2,534/mo
Income Needed$101,360/yr
Data SourceZillow ZHVI
Market Overview

Home Prices in Telephone, TX

The median home value in Telephone, TX is $382,448 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 2.9% compared to a year ago and down 1.9% from two years prior.

Compared to the U.S. national median of $410,000, homes in Telephone are priced7% below average. Telephone is part of the Bonham, TX metro area.

City Comparison

Telephone vs. National Median

🏠 Telephone
$382,448
National Median
$410,000

At $382,448, homes in Telephone cost 7% below the national median of $410,000. This makes Telephone a relatively affordable market for buyers seeking value.

Affordability

What Does It Cost to Buy in Telephone?

20% Down Payment
$76,490
on $382,448
Monthly P&I
$1,995/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,534/mo
incl. taxes & insurance
Income Needed
$101,360
gross annual (30% rule)
10% Down Option
$38,245
+ PMI applies
Loan Amount (20% dn)
$305,958
at current rates

Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.

FAQ

Frequently Asked Questions

What is the average home price in Telephone, TX?
The median home value in Telephone is $382,448 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 2.9% year-over-year.
How much have home prices changed in Telephone?
Over the past year, home values in Telephone have decreased by 2.9%.
How much do I need to earn to buy a home in Telephone?
To comfortably afford the median home price of $382,448 with a 20% down payment ($76,490) at today's rates (6.8%), you'd need a gross annual income of approximately $101,360. This assumes keeping total housing costs at or below 30% of gross income.
How does Telephone compare to the national average home price?
The national median home value is approximately $410,000. At $382,448, homes in Telephone are 7% below the national average.
What metro area is Telephone part of?
Telephone is part of the Bonham, TX metropolitan area. Home prices and market conditions can vary across the broader metro region.