Jonesboro, AR—72401
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Jonesboro, AR
Home Price Trends — Jonesboro, AR
As of Oct '25, the median home price in Jonesboro, AR is $181,000, with a year-over-year change of -1.0%. This indicates that home prices in Jonesboro, AR are flat. According to Zillow, the 1-year price projection is -0.1%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $181,000 | -1.0% |
| Single Family | $182,000 | -0.5% |
| Condos | $144,000 | 1.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $114,000 | -3.4% |
3 Bed | $188,000 | 1.6% |
4 Bed | $262,000 | 0.8% |
| 5 Bed | $391,000 | 2.1% |
% of Housing Stock
Rental Trends — Jonesboro, AR
As of July '25, Rentcast reports the average rent in Jonesboro, AR is $1,080, with a year-over-year rent change of 4.9%. Per bedroom, the median rent as of July '25 in Jonesboro, AR is studios: $536, 1-bedrooms: $708, 2-bedrooms: $986, 3-bedrooms: $1,280, 4-bedrooms: $1,500. The most common rental property sizes in Jonesboro, AR are 2-bedroom and 3-bedroom, accounting for 40.7% and 32.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,000 | $1,080 |
| Studio Rent | $510 | $536 |
| 1 Bed Rent | $750 | $708 |
| 2 Bed Rent | $900 | $986 |
| 3 Bed Rent | $1,200 | $1,280 |
| 4 Bed Rent | $1,500 | $1,500 |
% of Rental Stock
Property Listings — Jonesboro, AR
As of Oct '25, Realtor.com reports that the median days on market for a home in Jonesboro, AR is 63. This is a increase of 30.0% 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 21.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $187,000 | -3.0% |
Listing Count | 175 | 3.0% |
| Listings as % of Homes | 0.7% | 3.0% |
Days on Market | 63 | 30.0% |
Demographics — Jonesboro, AR
As of the latest ACS Survey released in 2023, Jonesboro, AR has a population of 42,100, which has decreased by -28.2% over the past 5 years. Jonesboro, AR is a popular place for families, as children make up 25.7% of the population. The area has a poorly educated workforce, with 23.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 42,100 | -28.2% |
% Under 18 | 25.7% | 2.0% |
% Seniors | 14.4% | 10.8% |
% WFH | 6.3% | 117.2% |
% w/ College Degree | 23.5% | -5.6% |
As of the latest ACS Survey released in 2023, Jonesboro, AR is a predominantly white area, with 59.9% of the population identifying as white. The white population has shrunk by 13.7% in the last 5 years. The second most common race or ethnicity in Jonesboro, AR is black, making up 26.3% of the population. Foreign-born residents account for 4.2% of the population in Jonesboro, AR, and this percentage has decreased by 19.2% 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 | 59.9% | -13.7% |
% Black | 26.3% | 39.9% |
% Hispanic | 9.4% | 44.6% |
% Asian | 0.9% | -30.8% |
% Foreign Born | 4.2% | -19.2% |
Mortgage and Risk — Jonesboro, AR
According to HUD data as of 2023, there were 538 mortgage originations in Jonesboro, AR, of which 65.0% of loans were conventional mortgages. The average loan-to-value was 73.0%, with 39.0% above 90% LTV (very high). This implies large mortgage risk in Jonesboro, AR. Investor activity is low, as 13.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 538 |
% Conventional Loans | 65.0% |
% Government Loans | 35.0% |
% Investor Loans | 13.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Jonesboro, AR
As of 2024, the percent of homes in Jonesboro, AR under the Section 8 program is 13.6%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Jonesboro, AR, because HUD payments exceed market rent, while 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 1,478 |
Total Units Section 8 | 1,228 |
% Rentals under Section 8 | 13.6% |
% Occupied Section 8 | 97.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $10 | $750 | $760 |
| 2 Bedroom | $10 | $900 | $910 |
| 3 Bedroom | $20 | $1,200 | $1,220 |
| 4 Bedroom | -$80 | $1,500 | $1,420 |
Affordability — Jonesboro, AR
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.2 |
| Median Home Price | $181,000 |
| Median Household Income | $43,400 |