Jonesboro, IL—62952
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Jonesboro, IL
Jonesboro, IL lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $137,000 | -0.5% |
| Single Family | $137,000 | 0.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Jonesboro, IL
Jonesboro, IL 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, IL
As of Oct '25, Realtor.com reports that the median days on market for a home in Jonesboro, IL is 51. This is a decrease of -40.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 22.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $208,000 | -26.0% |
Listing Count | 9 | -28.0% |
| Listings as % of Homes | 0.6% | -28.0% |
Days on Market | 51 | -40.0% |
Demographics — Jonesboro, IL
As of the latest ACS Survey released in 2023, Jonesboro, IL has a population of 2,950, which has decreased by -6.1% over the past 5 years. Jonesboro, IL is a popular place for families, as children make up 26.2% of the population. The area has a poorly educated workforce, with 23.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,950 | -6.1% |
% Under 18 | 26.2% | 39.4% |
% Seniors | 17.6% | -24.1% |
% WFH | 2.1% | -27.6% |
% w/ College Degree | 23.2% | 16.6% |
As of the latest ACS Survey released in 2023, Jonesboro, IL is a predominantly white area, with 86.9% of the population identifying as white. The white population has shrunk by 9.2% in the last 5 years. The second most common race or ethnicity in Jonesboro, IL is black, making up 1.4% of the population. Foreign-born residents account for 0.4% of the population in Jonesboro, IL, and this percentage has decreased by 66.7% 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 | 86.9% | -9.2% |
% Black | 1.4% | 75.0% |
% Hispanic | 1.0% | -56.5% |
% Asian | 0.1% | -66.7% |
% Foreign Born | 0.4% | -66.7% |
Mortgage and Risk — Jonesboro, IL
According to HUD data as of 2023, there were 16 mortgage originations in Jonesboro, IL, of which 44.0% of loans were conventional mortgages. The average loan-to-value was 83.0%, with 44.0% above 90% LTV (very high). This implies large mortgage risk in Jonesboro, IL. Investor activity is low, as 12.0% of loans were by investors. 19.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 16 |
% Conventional Loans | 44.0% |
% Government Loans | 56.0% |
% Investor Loans | 12.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 19.0% |
Loan Activity
Rentals and Section 8 — Jonesboro, IL
Jonesboro, IL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 66 |
Total Units Section 8 | 2 |
% Rentals under Section 8 | 0.0% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $670 |
| 2 Bedroom | N/A | N/A | $870 |
| 3 Bedroom | N/A | N/A | $1,190 |
| 4 Bedroom | N/A | N/A | $1,390 |
Affordability — Jonesboro, IL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.3 |
| Median Home Price | $137,000 |
| Median Household Income | $57,200 |