The housing market in Jonesboro, AR is doing very well. The median value of a house in Jonesboro is $197,900 which is significantly lower than the US median value of $338,100. Furthermore, the 1 year appreciation rate for houses in Jonesboro is 15.59%, which outpaces the national average of 8.27%. This indicates that investing in a home in Jonesboro could be an excellent choice for potential buyers looking to get the most out of their money.
The median home cost in Jonesboro is $197,900. Home appreciation the last 10 years has been 57.0%. Home Appreciation in Jonesboro is up 13.4%.
Average Age of Homes
- The median age of Jonesboro real estate is 26 years old
The Rental Market in Jonesboro
- Renters make up 41.9% of the Jonesboro population
- 1.9% of houses and apartments in Jonesboro, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.