Similar to its nearby areas, it's significantly less expensive compared to the United States as a whole. Compared to the city of Dallas, it's substantially less expensive.
Home prices
The median home cost in Honey Grove is $77,900. This is roughly $3,800 (4%) lower in comparison to other places in this area.In comparison to the entire country it is roughly $139,600 (64%) lower, and in comparison to the city of Dallas is about $110,200 (58%) lower.
Rents
Honey Grove's median monthly rent is $683. This is about $24 (3%) lower compared to the surrounding areas.In comparison to the entire country it is about $379 (35%) lower, and in comparison to the city of Dallas it is approximately $369 (35%) lower.
Nearby places
Windom
Windom is approximately 4 miles west from Honey Grove. Real estate prices there are somewhat more expensive. Windom's median home value is $105,000, which is $27,100 (25%) higher than Honey Grove. Rent there is somewhat less expensive. In Windom the median rent is $519 a month, which works out to $164 (31%) lower than Honey Grove.
Dodd City
Dodd City is about 8 miles west from Honey Grove. Its housing prices are similar. The median home in Dodd City costs $77,500, which is very similar to Honey Grove. Rents there are somewhat more expensive. Dodd City's median rent is $768 per month, which works out to $85 (11%) higher than Honey Grove.
Roxton
Roxton is roughly 9 miles east of Honey Grove. The housing prices there are a bit less expensive. The value of the median home in Roxton is $70,000, which works out to $7,900 (11%) lower than Honey Grove. Its rents are a little less expensive. Roxton's median monthly rent is $558, which is $125 (22%) lower than Honey Grove.
Ladonia
Ladonia is roughly 11 miles south of Honey Grove. Housing prices there are a little less expensive. The median home cost in Ladonia is $71,300, which is $6,600 (9%) lower than Honey Grove. The rent there is a little more expensive. Ladonia's median monthly rent is $916, which is $233 (25%) higher than Honey Grove.
Bonham
Bonham is approximately 14 miles west from Honey Grove. The real estate prices there are somewhat more expensive. The median home in Bonham is valued at $84,700, which works out to $6,800 (8%) higher than Honey Grove. Its rents are a bit more expensive. The median monthly rent in Bonham is $776, which is $93 (11%) higher than Honey Grove.
