Is Honor, MI 49640 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Honor is a seller’s market. With about 2.7 months of supply and 8% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Months of supply2.7Under 4 months = seller’s market

Sold above original list8.3%Share of sales, last 3 months

Median sale-to-list96.6%Sold price ÷ list price

Median days on market76Listing to accepted offer

Median price per sq ft$538▲ +80.8% vs. last year

Run the numbers for 49640

Prefilled for 49640Can I win this house?Multiple-offer likelihood for a listing Prefilled for 49640Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Benzonia 49616Balanced $259 /sq ft Beulah 49617Seller’s market $352 /sq ft Elberta 49628Seller’s market $209 /sq ft Frankfort 49635Buyer’s market $263 /sq ft Browse all markets →

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology