Market file · Benzie County, Michigan

Honor home appraisals

Homestead Township

Homestead Township had 2,329 people in 2020, including 337 in the village of Honor on US 31 and the Platte River. Zillow's average home value for Honor was $410,242 in September 2026, up 9.7% year over year. River frontage, seasonal homes and state forest land shape this market.

2,329Homestead Township population including Honor, 2020 census (Wikipedia)

$410,242Zillow average home value, Honor, September 2026, up 9.7% year over year

360Seasonal dwellings, 2020 census (Homestead Township draft master plan, 2025)

Nearly 20%Share of the township in state ownership (draft master plan, 2025)

Up 9.7% in a year

Zillow's average home value for Honor reached $410,242 on September 30, 2026, up 9.7% year over year. The township's 2025 draft master plan cites a 2019 median owner occupied value of $151,500 and owner occupancy of 92.9% in the 2015 to 2019 ACS. Those figures measure different things, years apart, so neither one prices a single house today. Recent sales with similar land and water do.

No inland lakes here. Platte River frontage and acreage near the state forest do the work lakefront does elsewhere in Benzie County.

River frontage where there are no lakes

The 2025 draft master plan says no inland lakes lie within the township, so the Platte River carries the water value as it runs east to west through Honor. Nearly 20% of the land is state owned, much of it Pere Marquette State Forest in the northeast. Seasonal dwellings numbered 360 at the 2020 census. The Platte River State Fish Hatchery sits on the Inland Township line, and Benzie County Central Schools covers the whole township. Rural residential lots run over two and a half acres.

Areas, lakes and neighborhoods in this file

Honor (village)
Carter Siding
Platte River corridor
Pere Marquette State Forest lands
Ely Road area
Zimmerman Road area
Collison Creek
Carter Creek
Cold Creek
Deadstream Swamp
Nessen City
Wallin

Landmarks around Honor

Cherry Bowl Drive-In Theatre & DinerHistoric drive-in theater
Platte LakeInland lake
Betsie Valley TrailRail trail

Common questions

How are seasonal homes in Honor appraised?

Like any home, with attention to how it is built and used. Homestead Township counted 360 seasonal dwellings in the 2020 census, per its 2025 draft master plan, out of about 1,015 units in the 2015 to 2019 ACS. The appraiser records whether a home is built and equipped for year round use and looks for sales with the same features.

Is there lakefront in Homestead Township?

No inland lakes lie within the township, the 2025 draft master plan says. Water frontage here means the Platte River, which runs east to west through Honor, or creeks such as Collison, Carter and Cold Creek. Platte Lake lies west of the township. River frontage is best valued against river frontage sales rather than lake sales.