Honesdale-area home prices fall 0.1% in April, with houses for sale in high demand

Mike Stucka and Sean Lahman USA TODAY NETWORK
·2 min read
Potential homeowners chat with their agent before an inspection in Grand Chute, Wisconsin, on March 28. In April, the typical U.S. home price was $425,000, up 5% from a month earlier.
Potential homeowners chat with their agent before an inspection in Grand Chute, Wisconsin, on March 28. In April, the typical U.S. home price was $425,000, up 5% from a month earlier.

A typical Wayne County home listed for $349,500 in April, down 0.1% from a month earlier, an analysis of data from Realtor.com shows.

The median list home price in April was up about 16.9% from April 2021. Wayne County's median home was 2,200 square feet for a listed price of $168 per square foot.

The Wayne County market was busy, with a median 37 days on market. A month earlier, homes had a median 67 days on market. The market added 184 new home listings in April, compared with the 188 added in April 2021. The market ended the month with some 251 listings of homes for sale.

Information on your local housing market is available through the USA TODAY Network, with more data from Realtor.com.

What were Honesdale-area home prices in April? Here's a county-by-county breakdown

Pike County's home prices rose 1.5%, to a median $309,000, from a month earlier. The typical house was on the market for 45 days, from 56 days a month earlier. The typical 2,198-square-foot house had a list price of $148 per square foot.

Lackawanna County's home prices rose 25.4%, to a median $225,000, from a month earlier. The typical house was on the market for 43 days, from 53 days a month earlier. The typical 1,842-square-foot house had a list price of $114 per square foot.

Across all of Pennsylvania, median home prices were $283,000, rising 2.9% from a month earlier. The median Pennsylvania home for sale had 1,703 square feet at list price of $170 per square foot.

Across the United States, median home prices were $425,000, up 5% from a month earlier. The median American home for sale had 1,821 square feet, listed at $220 per square foot.

The median home list price — the midway point of all the houses or units listed over a period of time — is used more often in this report instead of the average home list price because experts say the median offers a more accurate view of what's happening in a market. In finding the average price, all prices of homes listed are added and then divided by the number of homes sold. This measure can be skewed by one low or high price.

The USA TODAY Network is publishing localized versions of this story on its news sites across the country, generated with data from the Realtor.com residential listings database.. The story was written by Mike Stucka and Sean Lahman.

This article originally appeared on Tri-County Independent: Honesdale-area homes for sale drop to $349,500 median price