Jonesboro, IN—46938
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Jonesboro, IN
As of Oct '25, the median home price in Jonesboro, IN is $151,000, with a year-over-year change of 6.3%. This indicates that home prices in Jonesboro, IN are increasing. According to Zillow, the 1-year price projection is 2.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $151,000 | 6.3% |
| Single Family | $152,000 | 5.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $102,000 | 5.2% |
3 Bed | $156,000 | 5.4% |
4 Bed | $217,000 | 6.9% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Jonesboro, IN
Jonesboro, IN lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Jonesboro, IN
As of Oct '25, Realtor.com reports that the median days on market for a home in Jonesboro, IN is 73. This is a increase of 66.0% 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 | $99,900 | 5.0% |
Listing Count | 8 | 0.0% |
| Listings as % of Homes | 0.6% | 0.0% |
Days on Market | 73 | 66.0% |
Demographics — Jonesboro, IN
As of the latest ACS Survey released in 2023, Jonesboro, IN has a population of 2,580, which has decreased by -13.7% over the past 5 years. Jonesboro, IN is a moderately popular place for families, as children make up 20.0% of the population. The area has a poorly educated workforce, with 15.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,580 | -13.7% |
% Under 18 | 20.0% | -12.3% |
% Seniors | 23.5% | 14.6% |
% WFH | 3.3% | -29.8% |
% w/ College Degree | 15.5% | -3.7% |
As of the latest ACS Survey released in 2023, Jonesboro, IN is a predominantly white area, with 94.6% of the population identifying as white. The white population has grown by 1.2% in the last 5 years. The second most common race or ethnicity in Jonesboro, IN is hispanic, making up 2.8% of the population. Foreign-born residents account for 0.6% of the population in Jonesboro, IN, and this percentage has increased by 20.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 94.6% | 1.2% |
% Black | 0.4% | -42.9% |
% Hispanic | 2.8% | 100.0% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 0.6% | 20.0% |
Mortgage and Risk — Jonesboro, IN
According to HUD data as of 2023, there were 45 mortgage originations in Jonesboro, IN, of which 71.0% of loans were conventional mortgages. The average loan-to-value was 74.0%, with 38.0% above 90% LTV (very high). This implies large mortgage risk in Jonesboro, IN. Investor activity is low, as 0.0% of loans were by investors. 22.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 45 |
% Conventional Loans | 71.0% |
% Government Loans | 29.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 22.0% |
Loan Activity
Rentals and Section 8 — Jonesboro, IN
Jonesboro, IN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 17 |
Total Units Section 8 | 17 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 65.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $840 |
| 2 Bedroom | N/A | N/A | $1,050 |
| 3 Bedroom | N/A | N/A | $1,360 |
| 4 Bedroom | N/A | N/A | $1,550 |
Affordability — Jonesboro, IN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.9 |
| Median Home Price | $151,000 |
| Median Household Income | $45,500 |