Home prices
The median home in Honaker is valued at $71,900. In comparison to other places in this area it is approximately $19,020 (20%) lower.It is roughly $145,600 (66%) lower compared to the rest of the nation, and in comparison to the city of Johnson City it is roughly $95,600 (57%) lower.
Rents
The median monthly rent in Honaker is $553. Compared to nearby areas it is approximately $14 (2%) lower.It is roughly $509 (47%) lower in comparison to the country as a whole, and compared to the city of Johnson City is roughly $202 (26%) lower.
Nearby places
Raven
Raven is approximately 7 miles northeast from Honaker. Housing prices there are somewhat less expensive. The value of the median home in Raven is $64,600, which works out to $7,300 (11%) lower than Honaker. The rent there is similar. The median monthly rent in Raven is $575, which comes out to $22 (3%) higher than Honaker.
Richlands
Richlands is approximately 9 miles northeast from Honaker. Housing prices there are somewhat more expensive. Richlands's median home cost is $84,600, which is $12,700 (15%) higher than Honaker. Rents there are a bit more expensive. Richlands's median monthly rent is $666, which works out to $113 (16%) higher than Honaker.
Lebanon
Lebanon is roughly 9 miles southwest of Honaker. Its real estate prices are significantly more expensive. The median home value in Lebanon is $131,100, which is $59,200 (45%) higher than Honaker. Rent there is somewhat more expensive. The median rent in Lebanon is $620 a month, which comes out to $67 (10%) higher than Honaker.
Cleveland
Cleveland is roughly 10 miles southwest from Honaker. Its real estate prices are a little less expensive. The median home in Cleveland costs $63,300, which comes out to $8,600 (13%) lower than Honaker. Its rents are substantially less expensive. The median monthly rent in Cleveland is $330, which comes out to $223 (67%) lower than Honaker.
Cedar Bluff
Cedar Bluff is about 11 miles northeast of Honaker. Real estate prices there are substantially more expensive. The value of the median home in Cedar Bluff is $111,000, which is $39,100 (35%) higher than Honaker. Rents there are somewhat more expensive. The median rent in Cedar Bluff is $642 per month, which works out to $89 (13%) higher than Honaker.