Real Estate Statistics
Average Price | $665K |
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Lowest Price | $105K |
Highest Price | $2.5M |
Total Listings | 16 |
Avg. Days On Market | 78 |
Avg. Price/SQFT | $338 |
Property Types (active listings)
Browse Honor Homes for Sale
- All Listings
- $100,000 - $200,000
- $200,000 - $300,000
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- Over $1,000,000
Honor, MI Homes for Sale: Your Dream Escape Awaits – Top 25 Must-Know Insights
Introduction to Honor, Michigan
Looking for peace, natural beauty, and small-town charm? You’ll find it all in Honor, Michigan—a quiet village nestled in Benzie County. Whether you're dreaming of a cozy cottage, a lakefront retreat, or a full-time family home, Honor offers a unique lifestyle that combines rustic charm with modern comforts.
In this guide, we’ll explore Honor, MI homes for sale, breaking down everything from real estate trends to the best neighborhoods, investment opportunities, and more.
There are many different housing options in Honor including condominiums for sale, downtown homes for sale, land lover homes for sale, luxury homes for sale, and waterfront homes for sale.
Where Is Honor, MI?
Honor is tucked in the northwest corner of Michigan's Lower Peninsula. It’s just a short drive from the stunning Sleeping Bear Dunes National Lakeshore, the lively town of Traverse City, and the shores of Lake Michigan.
What Makes Honor Special?
Besides its charming size, Honor offers:
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Access to Platte River for kayaking and fishing
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Local events like the National Coho Salmon Festival
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Easy access to Crystal Lake and the Sleeping Bear Heritage Trail
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Rich community roots with a welcoming small-town feel
Check out this video for a look at Honor, Michigan, or click here to learn more about life in Honor.
Real Estate Market Overview
Average Home Prices in Honor, MI
As of 2025, average home prices in Honor range from $200,000 to $450,000, depending on property type, size, and proximity to water or recreational areas. Modest homes in town tend to be more affordable, while lakeside and newer homes command premium prices.
Market Trends and Forecasts
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Stable growth over the past five years
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Increased interest in second homes and vacation rentals
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Competitive prices compared to nearby Traverse City
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Low inventory driving faster sales
Buyer vs Seller Market
Right now, Honor leans toward a seller’s market due to limited inventory. However, buyers who act quickly and work with a local expert like BrookWalsh.com can still find great deals.
Types of Properties Available
Single-Family Homes
You’ll find traditional homes perfect for families, retirees, or anyone looking for full-time living. Many feature:
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2–4 bedrooms
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Spacious lots
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Easy access to trails and water
Waterfront Homes
Want stunning views every morning? Waterfront properties near Crystal Lake, Little Platte Lake, and the Platte River offer:
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Private docks
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Decks for sunset watching
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Premium resale value
Cabins and Cottages
Ideal for seasonal retreats or rental investments, these properties:
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Feature rustic designs with modern amenities
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Range from $150,000 to $300,000
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Offer excellent access to hiking, skiing, and paddling
Vacant Land and Buildable Lots
Thinking about building your dream home? Land parcels from 1 to 20+ acres are available:
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Wooded or cleared
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Zoned for residential use
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Many near trail systems and rivers
Neighborhood Highlights
Downtown Honor
This small stretch includes local shops, cafes, and the famous Cherry Bowl Drive-In Theater—a nostalgic favorite among locals and tourists alike.
Rural Areas and Country Estates
Just outside town, sprawling lots and quiet wooded surroundings offer:
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Privacy
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Space for gardens or animals
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Proximity to trout streams and hiking trails
Proximity to Crystal Lake and Platte River
These areas are hotspots for:
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Waterfront views
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Summer recreation
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Higher property values
Amenities and Lifestyle
Local Shops and Dining
While Honor is small, you’ll find:
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The Honor Family Market
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Local diners like Platte River Inn
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Seasonal farmer’s markets
Outdoor Recreation and Nature Trails
Honor is an outdoor enthusiast’s dream, offering:
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Fishing and kayaking on the Platte River
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Swimming and boating on Crystal Lake
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Nearby trails like the Sleeping Bear Heritage Trail
Annual Events and Festivals
Don’t miss:
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The National Coho Salmon Festival
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Community garage sales and parades
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Holiday tree-lighting ceremonies
School District and Education Options
Public and Private School Choices
Honor falls within the Benzie County Central Schools District, which includes:
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Homestead Hills Elementary
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Benzie Central High School
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Nearby private and charter options in Beulah and Traverse City
Nearby Colleges and Trade Schools
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Northwestern Michigan College in Traverse City
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Specialized programs in hospitality, trades, and business
Working and Living in Honor, MI
Local Job Market Overview
Primary employment sectors include:
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Education and public services
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Tourism and hospitality
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Small-scale agriculture and fishing
Remote Work Opportunities
Thanks to growing broadband infrastructure, many residents:
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Work remotely from home offices
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Run vacation rental businesses
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Commute part-time to Traverse City
Cost of Living Analysis
Housing Affordability
Compared to Traverse City or Petoskey, Honor’s housing remains highly affordable, especially for buyers who don’t need waterfront access.
Category | Honor, MI Average | National Average |
---|---|---|
Home Price | $300,000 | $430,000 |
Rent (2BR) | $1,100/month | $1,800/month |
Property Tax Rate | ~1.5% | ~1.1% |
Utilities, Groceries, and Transportation
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Utilities slightly lower due to smaller homes
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Gasoline and groceries on par with national averages
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Limited public transportation; most residents own vehicles
Buying a Home in Honor: Step-by-Step
Choosing the Right Realtor
Work with a local expert like Brook Walsh to:
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Get local insights
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Access off-market listings
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Negotiate effectively
Financing and Mortgage Options
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FHA, VA, and conventional loans available
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Competitive rates for those with strong credit
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Local banks like Honor State Bank offer community-focused financing
Home Inspection and Closing Tips
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Hire a licensed inspector familiar with seasonal cabins
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Understand well and septic system inspections
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Consider seasonal accessibility for rural roads
Investment and ROI Opportunities
Short-Term Rental Potential
Honor is increasingly becoming a hotspot for vacation rentals, especially during the spring, summer, and fall seasons.
Benefits of short-term rentals in Honor, MI:
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Proximity to Sleeping Bear Dunes and Crystal Lake draws tourists
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High demand during fishing season and festivals
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Properties can generate $150–$300 per night during peak periods
If managed through platforms like NorthernMichiganEscapes.com, investors often see a strong return on well-located properties.
Long-Term Appreciation Forecast
Honor’s real estate is still under the radar—but not for long:
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Growth from Traverse City is extending west
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Increasing appeal for remote workers and retirees
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Lower inventory suggests continued appreciation
With property values rising about 6–8% annually over the past 3 years, now is a great time to get in early.
Honor vs Nearby Towns Comparison
Honor vs Beulah
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Beulah is slightly larger with more dining and shopping
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Honor offers more privacy and natural surroundings
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Prices are generally lower in Honor
Honor vs Frankfort
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Frankfort is closer to Lake Michigan and more touristy
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Honor is quieter and more affordable
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Frankfort has higher property taxes
Honor vs Traverse City
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Traverse City has more amenities and jobs
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Honor is 30 minutes away but offers more bang for your buck
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Traverse homes average $500k+, making Honor a great alternative
Seasonal Living and Second Homes
Summer Retreats and Vacation Homes
With endless outdoor options, Honor shines in the summer:
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Boating on Crystal Lake
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Floating down the Platte River
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S'mores under the stars
Vacation homes here often pay for themselves through rentals when not in use.
Winter Activities and Cabin Life
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Nearby skiing at Crystal Mountain
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Ice fishing, snowshoeing, and cozy nights by the fire
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Many cabins are insulated and well-equipped for year-round use
Best Time to Buy a Home in Honor, MI
Spring and early summer are ideal:
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More listings become available
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Easier to schedule inspections and appraisals
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Sellers are more motivated before peak tourist season
That said, fall can also be a hidden gem for buyers looking to avoid competition.
Testimonials from Recent Buyers
“We were blown away by the charm of Honor! Brook helped us find the perfect vacation home near the Platte River—and it’s already booking solid for the summer!”
— Jessica & Mark T., Ann Arbor, MI
“We wanted a quieter life close to nature. Honor delivered. Our property value has already jumped 12% in just a year!”
— Cynthia G., Retired Teacher
“Thanks to Brook and his team, we’ve bought two rentals in Honor. Our ROI has exceeded expectations.”
— Alex P., Real Estate Investor
Frequently Asked Questions
Q. What’s the average cost of a home in Honor, MI?
A. Most homes range from $200,000–$450,000, with luxury waterfront properties commanding more.
Q. Is Honor, MI a good place to retire?
A. Absolutely. It’s quiet, safe, and surrounded by nature—perfect for a peaceful retirement with outdoor activity.
Q. How’s the weather in Honor year-round?
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Summers are warm and breezy, perfect for outdoor fun
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Winters bring snow, great for skiing and cozy cabin living
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Spring/Fall are vibrant and beautiful
Q. Can I find lakefront properties in Honor?
A. Yes! Honor has Platte River frontage, access to Little Platte Lake, and is a short hop from Crystal Lake.
Q. What schools are available for families?
A. Honor is served by Benzie Central Schools, with strong community involvement and a range of K-12 options.
Q. Is now a good time to invest in Honor real estate?
A. Yes—home values are rising, and the vacation rental market is booming.
Conclusion: Why Honor, MI is the Hidden Gem You’ve Been Searching For
Whether you're looking for a permanent residence, a vacation hideaway, or an investment property, Honor, Michigan offers unbeatable value, natural beauty, and small-town charm.
From peaceful riverside cabins to family-friendly homes near town, there's something for everyone here. And with real estate still affordable compared to coastal and big-city locations, now’s the perfect time to make your move.
Don’t wait—opportunity is knocking in Honor.
Continue Your Northern Michigan Real Estate Search. Explore homes and real estate in the Northern Michigan communities below or contact Brook Walsh to help you with your search.
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