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Jonesboro, AR—72404

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$267,000
4.2% YoY Growth
Household Income
$67,000
20.5% YoY Growth
Days on Market
51
3.0% Longer YoY
Home Price Forecast
0.3%
Median Rent
$1,600
4.9% YoY Growth
1-Bed Rent
$720
8.5% YoY Growth
2-Bed Rent
$875
23.4% YoY Growth
3-Bed Rent
$1,600
7.8% YoY Growth

Other Zip Codes in Jonesboro, AR

72401
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Jonesboro, AR

As of May '26, the median home price in Jonesboro, AR is $267,000, with a year-over-year change of 4.2%. This indicates that home prices in Jonesboro, AR are increasing. According to Zillow, the 1-year price projection is 0.3%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$267,0004.2%
Single Family $268,0004.7%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		$166,0006.4%
    3 Bed
    		$230,0004.1%
    4 Bed
    		$347,0003.0%
    5 Bed $527,1323.3%
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    % of Housing Stock

    Studio
    2.8%
    1 Bedroom
    5.6%
    2 Bedrooms
    24.6%
    3 Bedrooms
    44.6%
    4 Bedrooms
    18.4%
    5+ Bedrooms
    4.1%

    Rental Trends — Jonesboro, AR

    As of July '25, Rentcast reports the average rent in Jonesboro, AR is $1,490, with a year-over-year rent change of 4.9%. Per bedroom, the median rent as of July '25 in Jonesboro, AR is 1-bedrooms: $786, 2-bedrooms: $1,050, 3-bedrooms: $1,650, 4-bedrooms: $1,820. The most common rental property sizes in Jonesboro, AR are 2-bedroom and 3-bedroom, accounting for 61.9% and 16.3% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$1,600$1,490
    Studio Rent N/AN/A
    1 Bed Rent $720$786
    2 Bed Rent $875$1,050
    3 Bed Rent $1,600$1,650
    4 Bed Rent $1,650$1,820
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    % of Rental Stock

    Studio
    5.8%
    1 Bedroom
    15.1%
    2 Bedrooms
    61.9%
    3 Bedrooms
    16.3%
    4 Bedrooms
    0.6%
    5+ Bedrooms
    0.4%

    Property Listings — Jonesboro, AR

    As of May '26, Realtor.com reports that the median days on market for a home in Jonesboro, AR is 51. This is a increase of 3.0% 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 22.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$350,0009.0%
    Listing Count
    		166-14.0%
    Listings as % of Homes0.7%-14.0%
    Days on Market
    		513.0%
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    Demographics — Jonesboro, AR

    As of the latest ACS Survey released in 2023, Jonesboro, AR has a population of 29,700, which has increased by 12.6% over the past 5 years. Jonesboro, AR is a moderately popular place for families, as children make up 22.5% of the population. The area has a moderately educated workforce, with 34.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.0% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		29,70012.6%
    % Under 18
    		22.5%-14.4%
    % Seniors
    		15.3%39.1%
    % WFH
    		5.0%85.2%
    % w/ College Degree
    		34.2%-12.1%
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    As of the latest ACS Survey released in 2023, Jonesboro, AR is a predominantly white area, with 72.4% of the population identifying as white. The white population has shrunk by 7.2% in the last 5 years. The second most common race or ethnicity in Jonesboro, AR is black, making up 18.0% of the population. Foreign-born residents account for 4.6% of the population in Jonesboro, AR, and this percentage has increased by 4.5% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		72.4%-7.2%
    % Black
    		18.0%39.5%
    % Hispanic
    		4.3%4.9%
    % Asian
    		2.1%0.0%
    % Foreign Born
    		4.6%4.5%
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    Mortgage and Risk — Jonesboro, AR

    According to HUD data as of 2023, there were 473 mortgage originations in Jonesboro, AR, of which 70.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 33.0% above 90% LTV (very high). This implies large mortgage risk in Jonesboro, AR. Investor activity is low, as 3.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		473
    % Conventional Loans
    		70.0%
    % Government Loans
    		30.0%
    % Investor Loans
    		3.0%
    % Second Loans
    		0.0%
    % Cash Out Refinance
    		8.0%
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    Rentals and Section 8 — Jonesboro, AR

    As of 2024, the percent of homes in Jonesboro, AR under the Section 8 program is 3.0%. 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 units appear to be good home sizes to consider for Section 8 housing in Jonesboro, AR, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.

    Section 8 Market Size

    Total Units under HUD
    		129
    Total Units Section 8
    		128
    % Rentals under Section 8
    		3.0%
    % Occupied Section 8
    		97.0%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom$140$720$860
    2 Bedroom$155$875$1,030
    3 Bedroom-$220$1,600$1,380
    4 Bedroom-$30$1,650$1,620

    Affordability — Jonesboro, AR

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio3.7
    Median Home Price$267,000
    Median Household Income$67,000

    Jonesboro, AR — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Jonesboro

    72467

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    Frequently Asked Questions