Honor, MI Foreclosures
How much do homes sell for in Honor, MI?
The average home price is currently $515,343.
In Honor, MI, how many homes are available?
There are currently 5 active home listings available in Honor.
What’s the average rental cost in Honor, MI?
The average rental price in Honor is $1,269.
What is the most expensive home in Honor?
The most expensive home sold in Honor had a price of $2,389,139.
What is currently the cheapest priced home in Honor, MI?
The cheapest home for sale in Honor is priced at $50,125.
Living in Honor, MI
Honor, Michigan, is a serene small town known for its natural beauty and close-knit community. It offers a range of outdoor activities, including hiking, fishing, and winter sports. With its charming atmosphere and proximity to larger cities, Honor is an inviting place to call home.
Current Market Conditions in Honor, MI
The current real estate market in Honor, MI, is experiencing a gradual increase in home prices as demand rises for properties in rural and semi-rural areas. This trend aligns with a broader movement of individuals seeking homes away from urban centers, driven by remote work flexibility.
As more buyers look for affordable homes with access to nature, Honor's market is becoming increasingly competitive. Homes are being sold quickly, often receiving multiple offers, suggesting a strong seller's market.
Local developments, with improvements in infrastructure and amenities, are also positively impacting property values, making it an excellent time for homeowners to invest in the area.
Home Value Estimator For Honor, MI
There are currently 1,258 real estate properties
in Honor, MI,
with a median automated valuation model (AVM) price
of $398,146.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Honor, MI, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Honor, MI,
is $515,343.00, with the most expensive house
in Honor, MI, topping out
at $2,389,139.00 and the cheapest home
in Honor, MI,
clocking in at $50,125.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Honor, MI!
Rent Prices
In Honor, MI
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Honor, MI, is on
a rollercoaster ride. The
average rent price in Honor, MI,
is $1,269.00. Indeed, when looking to rent in
Honor, MI, you can expect to pay as little
as $600.00 or as much
as $2,140.00,
with the average rent median estimated to
be $1,250.00. The good news is that finding
an affordable and desirable property to rent in Honor, MI
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
Learn more on Foreclosure homes
