Is Honesdale, PA 18431 a buyer’s or seller’s market?

The Honesdale housing market right now

In the three months ending August 31, 2026, 31% of homes in Honesdale, PA 18431 sold above their list price, the typical home went under contract in 10 days and there were 2.3 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 30 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 23%, homes sold faster (27 days then) and the median sale price rose 28% to $318,762. Overall, Honesdale is more competitive than a year ago, so tougher for buyers.

Within Wayne County, homes here sell faster than in 93% of the county’s ZIP codes, and sell more often over asking than in 93%. On our competition score, Honesdale ranks #299 of 601 PA ZIP codes with enough sales (score 70 out of 100).

Nearby, buyers who want less competition could look at Starrucca 18462 (0% sold over asking) or Starlight 18461 (0% sold over asking), while Pleasant Mount 18453 (43% sold over asking) is even more competitive.