Performance indicators for the Honesdale short-term rental market based on reliable data.
Listings
Reliable / Active
Cap Rate
Middle-Earners Gross Yield
Revenue
Middle-Earners Revenue
Occupancy
Middle-Earners Occupancy
Home Value
Median Home Sale Price
Top Earners
Top-Earners Revenue
The highest-performing listings in Honesdale.
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Generally Investor friendly
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
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 In the 19th century, the expansion of railroads eventually superseded regular use of the canal.