Honor Real Estate
10 active listings · 19 sold in the past 12mo
$494,900
Median List Price
19
Sold (past 12mo)
108
Avg Days on Market
-36.8%
HFGⓘ
Household Formation Gap (HFG) is a secondary market indicator that measures hidden housing demand created by shrinking household sizes. As average household size decreases — due to divorce, single living, empty nesting, delayed marriage — more housing units are needed even without population growth. HFG compares the estimated number of households needed today versus 15 years ago: (population ÷ avg household size). This is a demographic trend signal, not a primary market indicator like income-based affordability or comparative market analysis. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates (2009–2023), Tables B01003, B25010, B25001.
Your Honor Realtor
Alexander Munro
Broker of Record · MI License #6502405404
Direct-to-broker representation for buyers and sellers in Honor and across Southeast Michigan. No team handoffs, no junk fees, full media included on every listing. Research-first approach grounded in MLS, public records, and on-the-ground knowledge of the local market.
Active Listings
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Homes for Sale(10)
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For Sale
1/51
$1,749,000
7243 Deadstream Road, Honor, MI 49640
4 bd3 ba0.19 ac
Single Family
Under Contract
1/32
$1,250,000
3154 Bancroft Road, Honor, MI 49640
3 bd2 ba2.75 ac
Single Family
For Sale
1/54
$639,900
8646 Deadstream Road, Honor, MI 49640
Built 19471.21 ac
Multi-Fam
For Sale
1/36
$625,000
4459 Ely Road, Honor, MI 49640
3 bd3 ba10 ac
Single Family
For Sale
1/34
$549,900
4091 N Scenic Highway, Honor, MI 49640
3 bd1 ba1.20 ac
Single Family
For Sale
1/39
$439,900
8646 Deadstream Road, Honor, MI 49640
3 bd1 ba0.76 ac
Single Family
Under Contract
1/23
$359,000
12766 Oakley Road, Honor, MI 49640
3 bd2 ba2 ac
Single Family
For Sale
1/35
$325,000
11950 Honor Highway, Honor, MI 49640
5 bd2 ba3.30 ac
Single Family
For Sale
1/27
$315,000
3865 Blueberry Lane, Honor, MI 49640
3 bd2 ba2.47 ac
Single Family
Under Contract
1/28
$275,000
3056 Indian Hill, Honor, MI 49640
3 bd2 ba5 ac
Mfg Home
Recently Sold(19)
Frequently Asked Questions about Honor
How many homes are for sale in Honor?
Honor currently has 10 homes listed for sale. The median asking price is $494,900.
How much do homes cost in Honor?
The median sale price in Honor is $494,900, based on 19 closed sales over the past 12 months.
How long do homes stay on the market in Honor?
Homes in Honor sell in an average of 108 days, based on 19 sales over the past 12 months.
What schools are in Honor?
Honor is served by one or more public school districts. In Michigan, school district boundaries do not always align with city limits, so different parts of Honor may be zoned for different districts. Check individual listings for the specific school district assignment.
What are market conditions like in Honor?
With 6.3 months of inventory, Honor is currently a buyer's market. This is based on 10 active listings and 19 sales in the past 12 months.
How much are property taxes in Honor?
Michigan property taxes in Honor are calculated using the State Equalized Value (SEV) times the local millage rate. Rates vary by school district and municipality. Primary residences qualify for a homestead exemption that reduces the tax rate.
What is the Household Formation Gap in Honor?
Per U.S. Census ACS data, Honor has a -36.8% Household Formation Gap over the past 15 years, indicating softening demographic demand. Population declined 43.1%, outpacing the effect of shrinking household sizes (2.09 to 1.88). HFG is a secondary market indicator — local conditions and other factors also influence housing demand.