Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$203,787+4.4% YoY · prices are rising fast
Market right nowBalanced marketMore homes for sale than last year, 14% have cut their price
Income needed to buy, per year$44,177About 0.8× the local median income ($57,803): affordable for a typical household
Days on market66 daysSlower than a year ago: buyers have time to negotiate
Next 12 months+1.8%Zillow expects prices to rise slightly
The typical home in Jonesboro, AR is worth $203,787, up 4.4% from a year ago. That is slightly above what local incomes have historically supported: fair value is about $192,491, so the area is 5.9% overvalued. It is a balanced market: homes take about 66 days to sell, listings are up 6% from a year ago, 14% of listings have had a price cut. Zillow expects prices to rise about 1.8% over the next year. A household needs about $44,177 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $57,803. Typical rent is $1,237 a month, or $1,521 for a house. In the latest IRS figures, 530 more people moved in than out.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$203,787
Change in 1 year
+4.4%
Overvalued %
+5.9%
Show 7 more
Fair home value
$192,491
Change in 5 years
+19.6%
Zillow forecast, next 12 months
+1.8%
Home value to income
3.5×
Monthly mortgage payment (20% down)
$1,104
Income needed to afford it
$44,177
Property tax rate
0.52%
Rent and investing
Typical rent
$1,237
Typical rent for houses
$1,521
Price-to-rent ratio
13.7×
Show 3 more
HUD Fair Market Rent, 2 bedrooms
$1,052
Gross rental yield
7.28%
Cap rate (estimate)
4.73%
Market activity
Listings vs a year ago
+6.1%
Days on market
66
Listings with a price cut
14.4%
Show 3 more
Homes for sale
641
Pending sales per 100 listings
16
Asking price per sq ft
$137
People and jobs
Median household income
$57,803
Population change (1 year)
+0.5%
Unemployment rate
5.7%
Show 4 more
Population
139,440
Income adjusted for cost of living
$67,291
Net moves in (IRS)
+530
Cost of living (US = 100)
85.9
Schools, risk and environment
School rating (1 to 10)
5.0
FEMA hazard risk score (0 to 100)
88.7
Unhealthy air days a year
0
Show 4 more
Flood risk score
72.1
Wildfire risk score
37.9
Walkability (1 to 20)
6.5
Road, rail and air noise
52 dB
Questions people ask
Is Jonesboro, AR overvalued?
Home prices in Jonesboro, AR are slightly above what local incomes have historically supported: fair value is about $192,491, so the area is 5.9% overvalued.
Is Jonesboro, AR a buyer's or seller's market?
Jonesboro, AR is a balanced market: homes take about 66 days to sell, listings are up 6% from a year ago, 14% of listings have had a price cut.
Are home prices going down in Jonesboro, AR?
Home values in Jonesboro, AR are up 4.4% over the last year. Zillow's forecast for the next 12 months is +1.8%.
How much do you need to earn to buy a home in Jonesboro, AR?
A household needs about $44,177 a year to afford the typical home in Jonesboro, AR at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $57,803.