Jonesboro, GA—30238
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Jonesboro, GA
Home Price Trends — Jonesboro, GA
As of Oct '25, the median home price in Jonesboro, GA is $228,000, with a year-over-year change of -7.7%. This indicates that home prices in Jonesboro, GA are decreasing. According to Zillow, the 1-year price projection is 0.6%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $228,000 | -7.7% |
| Single Family | $229,000 | -7.3% |
| Condos | $133,000 | -16.9% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $158,000 | -11.2% |
3 Bed | $211,000 | -8.7% |
4 Bed | $273,000 | -5.2% |
| 5 Bed | $339,000 | -2.3% |
% of Housing Stock
Rental Trends — Jonesboro, GA
As of July '25, Rentcast reports the average rent in Jonesboro, GA is $1,700, with a year-over-year rent change of -2.9%. Per bedroom, the median rent as of July '25 in Jonesboro, GA is 1-bedrooms: $804, 2-bedrooms: $1,370, 3-bedrooms: $1,730, 4-bedrooms: $2,000. The most common rental property sizes in Jonesboro, GA are 3-bedroom and 4-bedroom, accounting for 44.8% and 26.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,720 | $1,700 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $685 | $804 |
| 2 Bed Rent | $1,370 | $1,370 |
| 3 Bed Rent | $1,730 | $1,730 |
| 4 Bed Rent | $2,000 | $2,000 |
% of Rental Stock
Property Listings — Jonesboro, GA
As of Oct '25, Realtor.com reports that the median days on market for a home in Jonesboro, GA is 69. This is a increase of 16.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 25.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $250,000 | 1.0% |
Listing Count | 235 | 24.0% |
| Listings as % of Homes | 0.9% | 24.0% |
Days on Market | 69 | 16.0% |
Demographics — Jonesboro, GA
As of the latest ACS Survey released in 2023, Jonesboro, GA has a population of 43,000, which has increased by 10.1% over the past 5 years. Jonesboro, GA is a popular place for families, as children make up 31.2% of the population. The area has a poorly educated workforce, with 21.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 43,000 | 10.1% |
% Under 18 | 31.2% | 0.0% |
% Seniors | 7.5% | -11.8% |
% WFH | 8.4% | 100.0% |
% w/ College Degree | 21.5% | 5.9% |
As of the latest ACS Survey released in 2023, Jonesboro, GA is a predominantly black area, with 72.6% of the population identifying as black. The black population has grown by 1.4% in the last 5 years. The second most common race or ethnicity in Jonesboro, GA is hispanic, making up 17.1% of the population. Foreign-born residents account for 10.7% of the population in Jonesboro, GA, and this percentage has decreased by 0.9% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 7.5% | -35.3% |
% Black | 72.6% | 1.4% |
% Hispanic | 17.1% | 40.2% |
% Asian | 0.8% | -77.1% |
% Foreign Born | 10.7% | -0.9% |
Mortgage and Risk — Jonesboro, GA
According to HUD data as of 2023, there were 78 mortgage originations in Jonesboro, GA, of which 38.0% of loans were conventional mortgages. The average loan-to-value was 78.0%, with 58.0% above 90% LTV (very high). This implies large mortgage risk in Jonesboro, GA. Investor activity is low, as 0.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 78 |
% Conventional Loans | 38.0% |
% Government Loans | 62.0% |
% Investor Loans | 0.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Jonesboro, GA
As of 2024, the percent of homes in Jonesboro, GA under the Section 8 program is 15.3%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Jonesboro, GA, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 830 |
Total Units Section 8 | 831 |
% Rentals under Section 8 | 15.3% |
% Occupied Section 8 | 92.9% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $855 | $685 | $1,540 |
| 2 Bedroom | $340 | $1,370 | $1,710 |
| 3 Bedroom | $330 | $1,730 | $2,060 |
| 4 Bedroom | $480 | $2,000 | $2,480 |
Affordability — Jonesboro, GA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.1 |
| Median Home Price | $228,000 |
| Median Household Income | $60,200 |