Honesdale, PA
- Overview
- Performance
- Listings
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Key Performance Metrics
Market snapshotPerformance indicators for the Honesdale short-term rental market based on reliable data.
Listings
40 / 61
Reliable / Active
Cap Rate
8%
Middle-Earners Gross Yield
Revenue
$23,470
Middle-Earners Revenue
Occupancy
46%
Middle-Earners Occupancy
Home Value
$282,939
Median Home Sale Price
Top Earners
$71,558
Top-Earners Revenue
Honesdale
Market Revenue Seasonality
Top Listings
Highest revenueThe highest-performing listings in Honesdale.
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Generally Investor friendly
Honesdale Regulations
STRs are permitted countywide and in R-2 zones via conditional use hearing plus a county STR permit, with straightforward tax registration (6% state sales tax + 3% county hotel tax). The public hearing introduces uncertainty and time, yet there are no hard caps or bans noted, so requirements are known and manageable, keeping investor risk moderate.
Local STR Agent
STR specialist · Honesdale, PA
About Honesdale
Honesdale is a borough in and the county seat of Wayne County, Pennsylvania, United States. The borough's population was 4,458 at the time of the 2020 census.Honesdale is located 32 miles (51 km) northeast of Scranton in a rural area that provides many recreational opportunities, such as boating, fishing, hiking, hunting, skiing, biking, skateboarding, and rafting. Located in a coal mining region, during the nineteenth century it was the starting point of the Delaware and Hudson Canal, which provided for transport of coal to Kingston, New York, and then down the Hudson River to New York City. In the 19th century, the expansion of railroads eventually superseded regular use of the canal.