Honey Lake—96113
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Honey Lake
As of Nov '25, the median home price in Honey Lake is $121,000, with a year-over-year change of -0.4%. This indicates that home prices in Honey Lake are flat. According to Zillow, the 1-year price projection is -3.5%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $121,000 | -0.4% |
| Single Family | $121,000 | 0.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $106,000 | 1.0% |
3 Bed | $134,000 | 3.1% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Honey Lake
Honey Lake lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Honey Lake
As of Nov '25, Realtor.com reports that the median days on market for a home in Honey Lake is 19. This is a decrease of -58.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $140,000 | -24.0% |
Listing Count | 5 | -50.0% |
| Listings as % of Homes | 0.5% | -50.0% |
Days on Market | 19 | -58.0% |
Demographics — Honey Lake
As of the latest ACS Survey released in 2023, Honey Lake has a population of 2,310, which has increased by 18.0% over the past 5 years. Honey Lake is a less popular place for families, as children make up 9.0% of the population. The area has a poorly educated workforce, with 9.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 0.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,310 | 18.0% |
% Under 18 | 9.0% | 12.5% |
% Seniors | 10.4% | 50.7% |
% WFH | 0.0% | N/A |
% w/ College Degree | 9.4% | 62.1% |
As of the latest ACS Survey released in 2023, Honey Lake is a predominantly white area, with 38.4% of the population identifying as white. The white population has shrunk by 13.5% in the last 5 years. The second most common race or ethnicity in Honey Lake is hispanic, making up 32.1% of the population. Foreign-born residents account for 12.7% of the population in Honey Lake, and this percentage has decreased by 35.9% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 38.4% | -13.5% |
% Black | 19.1% | 5.5% |
% Hispanic | 32.1% | 15.5% |
% Asian | 1.5% | -21.1% |
% Foreign Born | 12.7% | -35.9% |
Mortgage and Risk — Honey Lake
According to HUD data as of 2023, there were 19 mortgage originations in Honey Lake, of which 42.0% of loans were conventional mortgages. The average loan-to-value was 75.0%, with 53.0% above 90% LTV (very high). This implies large mortgage risk in Honey Lake. Investor activity is low, as 5.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 19 |
% Conventional Loans | 42.0% |
% Government Loans | 58.0% |
% Investor Loans | 5.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 5.0% |
Rentals and Section 8 — Honey Lake
Honey Lake lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 5 |
Total Units Section 8 | 5 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $850 |
| 2 Bedroom | N/A | N/A | $1,110 |
| 3 Bedroom | N/A | N/A | $1,560 |
| 4 Bedroom | N/A | N/A | $1,860 |
Affordability — Honey Lake
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.3 |
| Median Home Price | $121,000 |
| Median Household Income | $54,900 |