Leonard, Texas.
Typical home $371,540 (+0.9% in a year). Bonham, TX metro.
to buy the typical home at today's mortgage rate — +$1,091 (+127%) since Jan 2020.
- 1 year
- Up $3,491 +1%
- $368,049$371,540 since Sep 2025
- 5 years
- Up $65,465 +21%
- $306,075$371,540 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Leonard$1,950
- Texas$1,556
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 18 years.
Typical home values in Leonard, TX rose 0.9% over the past year — slower than the nation's +1.2%.
Living in Leonard, Fannin County, Texas
Leonard is a city of 1,987 people in Fannin County. Half its households earn more than $54,717 a year and half less, against $72,295 across Fannin County; 18% of its people live below the poverty line. 66% of its homes are lived in by their owners and 34% are rented. Unemployment in Fannin County was 4.2% in August 2026, and the county had 3.5% more jobs in 2025 than the year before. The most residents work in schools and health care, then construction.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Leonard is a small city in Fannin County, in northeast Texas, with a fairly young population for a small town. Incomes here run well below the county's, and more people live below the poverty line than most would expect to find in a town this size. Most homes are lived in by their owners, and relatively few adults hold a four-year degree. Winters are mild, with little or no snow, and summers get very hot, especially in August.
Work. Residents work mostly in schools, hospitals and social care, followed by the building trades, manufacturing, and restaurants, hotels and entertainment. Among the largest workplaces across Fannin County are the Veterans Health Administration, Bonham ISD and Clayton, a manufactured home maker. The typical commute is long, so many people travel some distance to their jobs, and a modest number work from home.
Things to do. The nearest outdoor spot is Clymer Meadow Preserve, a protected area a short drive away. A longer drive brings you to Bonham State Park, a protected area, and to the Northeast Texas Trail, a trail for walking or cycling. Lake Bonham, a reservoir, is also a longer drive away.
Report a mistake
- 874households
- 8%of adults have a degree
- 18%below the poverty line
- 40 mintypical commute
- 11%work from home
What residents work in
Employed residents by industry, from the Census survey. Fannin County had 8,995 jobs in 2025, 3.5% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 58° and lows near 33°; warmest in August, with highs near 98° and lows near 73°. About 47 inches of rain a year, and little or no snow.
Average daily high and low, 1991–2020, at the Greenville Kgvl Radio weather station, 17 miles away (NOAA).
Largest workplaces in Fannin County
- Veterans Health AdministrationFederal government · Department of Veterans Affairs704
- Bonham ISDSchool district307FTE
- ClaytonManufactured home manufacturing238
- WalmartWarehouse clubs and supercenters230
- Tongrun InternationalSheet meta manufacturing153
- Leonard ISDSchool district144FTE
- Honey Grove ISDSchool district125FTE
- Voluntary Purchasing GroupsFertilizers, mixed, made in plants producing nitrogenous fertilizer materials115
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 21 workplaces with 20 or more staff, 1,710 people in all across the county; Leonard has one of its own. Federal offices come from OPM's federal workforce data (2026) and school districts from the Common Core of Data (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- TornadoesVery high
- Ice stormsVery high
- DroughtRelatively high
- HailRelatively high
- Heat wavesRelatively high
- Strong windRelatively high
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Leonard’s census tracts, against the rest of the country; all of them together, relatively high. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Fannin County and the Bonham, TX metro.
Leonard home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Leonard$371,540
- Texas$296,424
- United States$366,157
Sellers are cutting prices on about 1 in 3 Leonard listings — the market is roughly in balance.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Leonard33.01%
- United States26.90%
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Leonard64
New listings per month
Sellers arriving at the market.
- Leonard12
Zip codes with a Leonard address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Leonard — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.