Jonesboro, LA has a median housing value of $80,200, which is significantly lower than the US median value of $338,100. Despite this large difference in values, Jonesboro's house appreciation rate over the past year still compares well to the national average, coming in at 7.40%, slightly below the 8.27% rate seen in the US as a whole. This shows that while housing may be more affordable in Jonesboro than other parts of the country, its market remains strong and in line with nationwide trends.
The median home cost in Jonesboro (zip 71251) is $80,200. Home appreciation the last 10 years has been 40.8%. Home Appreciation in Jonesboro (zip 71251) is up 10.1%.
Average Age of Homes
- The median age of Jonesboro (zip 71251) real estate is 44 years old
The Rental Market in Jonesboro (zip 71251)
- Renters make up 30.8% of the Jonesboro (zip 71251) population
- 1.0% of houses and apartments in Jonesboro (zip 71251), 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.