Jonesboro, IN has a housing median value of $115,900 which is significantly lower than the US house median value of $338,100. Despite the difference in values, Jonesboro still saw an appreciation in housing prices over the last year with an increase of 9.99%. This is higher than the US 1 year house appreciation rate at 8.27%. These figures suggest that Jonesboro is a great place to invest in real estate as it has proved to be a reliable asset for buyers while also providing good returns.
The median home cost in Jonesboro is $115,900. Home appreciation the last 10 years has been 72.1%. Home Appreciation in Jonesboro is up 10.5%.
Average Age of Homes
- The median age of Jonesboro real estate is 63 years old
The Rental Market in Jonesboro
- Renters make up 23.6% of the Jonesboro population
- 0.8% 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.