Honey Grove, TX—75446
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Honey Grove, TX
Honey Grove, TX lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $251,000 | -1.4% |
| Single Family | $250,000 | -1.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $221,000 | -0.5% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Honey Grove, TX
As of July '25, Rentcast reports the average rent in Honey Grove, TX is $1,270, with a year-over-year rent change of -29.1%. Per bedroom, the median rent as of July '25 in Honey Grove, TX is 1-bedrooms: $540, 2-bedrooms: $1,130, 3-bedrooms: $1,670. The most common rental property sizes in Honey Grove, TX are 1-bedroom and 3-bedroom, accounting for 36.3% and 30.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,150 | $1,270 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $540 | $540 |
| 2 Bed Rent | $1,150 | $1,130 |
| 3 Bed Rent | $1,650 | $1,670 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Honey Grove, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Honey Grove, TX is 102. This is a increase of 53.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 21.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $357,000 | -3.0% |
Listing Count | 29 | 15.0% |
| Listings as % of Homes | 1.1% | 15.0% |
Days on Market | 102 | 53.0% |
Demographics — Honey Grove, TX
As of the latest ACS Survey released in 2023, Honey Grove, TX has a population of 3,650, which has increased by 7.5% over the past 5 years. Honey Grove, TX is a popular place for families, as children make up 26.7% of the population. The area has a poorly educated workforce, with 23.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,650 | 7.5% |
% Under 18 | 26.7% | -1.1% |
% Seniors | 21.3% | 12.7% |
% WFH | 9.0% | 718.2% |
% w/ College Degree | 23.6% | -2.9% |
As of the latest ACS Survey released in 2023, Honey Grove, TX is a predominantly white area, with 73.8% of the population identifying as white. The white population has grown by 3.8% in the last 5 years. The second most common race or ethnicity in Honey Grove, TX is hispanic, making up 13.0% of the population. Foreign-born residents account for 6.5% of the population in Honey Grove, TX, and this percentage has increased by 14.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 73.8% | 3.8% |
% Black | 10.5% | -23.4% |
% Hispanic | 13.0% | 5.7% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 6.5% | 14.0% |
Mortgage and Risk — Honey Grove, TX
According to HUD data as of 2023, there were 37 mortgage originations in Honey Grove, TX, of which 73.0% of loans were conventional mortgages. The average loan-to-value was 73.0%, with 43.0% above 90% LTV (very high). This implies large mortgage risk in Honey Grove, TX. Investor activity is low, as 0.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 37 |
% Conventional Loans | 73.0% |
% Government Loans | 27.0% |
% Investor Loans | 0.0% |
% Second Loans | 5.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Honey Grove, TX
Honey Grove, TX lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 97 |
Total Units Section 8 | 97 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 73.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $170 | $540 | $710 |
| 2 Bedroom | -$220 | $1,150 | $930 |
| 3 Bedroom | -$350 | $1,650 | $1,300 |
| 4 Bedroom | N/A | N/A | $1,560 |
Affordability — Honey Grove, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.3 |
| Median Home Price | $251,000 |
| Median Household Income | $57,500 |