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Featured local agent — Honey Grove, TX
Sarah Mitchell
Compass Real Estate · Honey Grove, TX
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Honey Grove, TX Housing Market & Real Estate
Housing market overview · Updated monthly ·
$225,000median sale price
How is the Honey Grove, TX housing market right now?
The median home sale price in Honey Grove, TX is $225,000, down 31.8% year-over-year. Homes sell in an average of 249 days with 6 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of April 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Honey Grove a buyer's or seller's market?
Honey Grove, TX is currently a balanced market, based on 6.0 months of supply and homes selling in about 249 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
249
Average pace
Active listings
6
6.0 months supply
Sale-to-list
126.8%
Above asking
What does the Honey Grove housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $225,000 |
| Median list price | $350,000 |
| Year-over-year price change | -31.8% |
| Average days on market | 249 days |
| Active inventory | 6 listings |
| Months of supply | 6.0 months |
| Sale-to-list price ratio | 126.8% |
| Median price per sq ft | $102/sq ft |
| Homes sold (latest month) | 1 |
| New listings (latest month) | 1 |
| Listings with a price cut | 50.0% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Honey Grove by property type?
How the Honey Grove, TX market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $225,000 | $102/sq ft | 1 | 249 days |
Source: Redfin · Updated monthly
The Honey Grove housing market is currently classified as a balanced market with a median sale price of $225,000. Prices have fallen 31.8% compared to last year, with homes spending an average of 249 days on market, indicating 6.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 5.4x provides context for how home values compare to local earning capacity.
Homes for sale in Honey Grove
There are currently 6 homes listed for sale in Honey Grove, Texas. The median listing price is $350K.
Active listings
6
Homes on market
Median list price
$350K
Avg. days on market
249
Days until sale
New this week
1
Newly listed
Who lives in Honey Grove?
Population
1,886
Median income
$47,225/yr
Median age
40 years
Owner-occupied
62.0%
College grads
15.7%
Avg commute
25.9 min
Source: U.S. Census Bureau ACS
What are homes worth in Honey Grove?
Zillow home value
$253,402
Price-to-income
5.4x
Source: Zillow Research
What is it like to live in Honey Grove?
Honey Grove is a community of approximately 2K residents with a median age of 40 years.The median household income is $47,225, which represents a working-class community with solid middle-income opportunities. 15.7% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 62.0%, showing a blend of owner and renter-occupied properties. The average commute time is 25.9 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Honey Grove offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Honey Grove?
3 schools tracked · 618 students
The largest public schools serving Honey Grove, TX by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
HONEY GROVE EL
Grades PK-5 · 258 students
HONEY GROVE H S
Grades 9-12 · 221 students
HONEY GROVE MIDDLE
Grades 6-8 · 139 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Honey Grove, TX?
Want a head-to-head view? Compare Honey Grove side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Honey Grove?
The median home sale price in Honey Grove is $225,000, down 31.8% from last year.
How long do homes stay on market in Honey Grove?
Homes typically spend 249 days on market before going under contract.
What is the median income in Honey Grove?
The median household income is $47,225 per year.
Is Honey Grove a buyer's or seller's market?
With 6.0 months of supply, Honey Grove is currently a balanced market.
What is the Zillow home value estimate for Honey Grove?
The Zillow Home Value Index (ZHVI) for Honey Grove is $253,402, representing the typical home value in the area.
How much does a single-family home cost in Honey Grove?
The median single-family home price in Honey Grove, TX is $225,000 (about $102 per square foot).
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