The Jonesboro, AR Metro Area has an impressive housing market and offers excellent value for potential home buyers. The median value of a house in the Jonesboro area is $173,400, which is much lower than the U.S. median house value of $338,100. Additionally, over the last year there has been a dramatic appreciation in value with a 14.38% increase compared to 8.27% nationally. This makes it an attractive option for those looking for an affordable place to live that also provides steady growth potential.
The median home cost in Jonesboro Metro Area is $173,400. Home appreciation the last 10 years has been 57.0%. Home Appreciation in Jonesboro Metro Area is up 13.6%.
Average Age of Homes
- The median age of Jonesboro Metro Area real estate is 30 years old
The Rental Market in Jonesboro Metro Area
- Renters make up 36.4% of the Jonesboro Metro Area population
- 1.3% of houses and apartments in Jonesboro Metro Area, 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.