Jonesboro, AR Home Values & Market Trends

Real estate market trends reflect that there have been 1,171 transactions over the past year in Jonesboro. The median value for residential home transactions that occurred over the previous year is $199,958.25. The number of current listings in Jonesboro is 160, and the percentage of properties for sale in the city is 160.00%. Jonesboro, AR currently has 16 properties in foreclosure, 5 bank owned properties, 11 properties headed for auction, and 160 properties for sale.

Jonesboro, AR Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
72401

$ 184,157

$ 107/sqft

72405

$ --

$ --

72404

$ 299,000

$ 136/sqft

Housing Market Summary for Jonesboro, AR

Apr 2023March 2024Change
Median Listing Price$274.9K$204.6K-25.58%
Median Sold Price$196.8K$204.6K3.97%
Homes For Sale10113735.64%
Homes Sold6126170.82%
Price
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Jonesboro, AR

Jonesboro home values range from $19,250 to $3,612,190. The median estimated value of a home in Jonesboro is $199,958.25. The median list price of a home is 239,950, and the total count of properties in the city is 27,735.

Foreclosure
There are 3 zips within Jonesboro, AR; within these zips, the median estimated home value for homes in foreclosure ranges from $758,577 in 72401 to the lowest value of $58,036 in 72401. Foreclosure homes account for 0.00% of properties in Jonesboro, AR with 72404 containing 6 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Jonesboro, AR with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 3 zips within Jonesboro, AR; of those zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Jonesboro, AR ranges from the highest value of $196,952 in 72404 to the lowest value of $58,036 in 72401. Bank owned homes and properties account for 0.02% of properties in Jonesboro, AR. There are 3 zips within Jonesboro, AR; 72401 containing 3 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    72405 has 5 auction properties, the highest number of properties going to auction in a single zip in the state of Jonesboro, AR. Auction homes and other auction properties account for 0.04% of all properties in Jonesboro, AR. There are 3 zips within Jonesboro, AR; of those zips, the median estimated home value for homes going to auction ranges from $266,684 in 72404 to the lowest value of $61,825 in 72404.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.58% of residential properties in Jonesboro, AR with 72401 containing 89 homes for sale, the highest number of listed properties in a single zip. There are 3 zips within Jonesboro, AR; homes for sale in those zips, have a range of median values from $2,950,000 in 72404 to the lowest value of $37,392 in 72401.
    Sold Homes
    The median value for recently sold homes ranges from $1,276,702 in 72404 to the lowest price of $19,964 in 72404. There are 3 zips within Jonesboro, AR. 72401 has 276 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.26% of properties in Jonesboro, AR.

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      Guide for Jonesboro, AR

      Market Reports
      Little Rock Real Estate: Climbing Property Values and Investment Potential – Market Report April 2024
      Home Buying Guides & Tips
      How To Stop a Foreclosure via a Short Sale
      Financing Guides
      How To Protect Your Credit Score After Foreclosure
      Market Reports
      Augusta, ME Property Values Soar to $342K Amid Dipping Sales Volume
      See More Articles
      Little Rock Real Estate: Climbing Property Values and Investment Potential – Market Report April 2024
      Market Reports|posted 8 April 2024

      The Little Rock real estate market has shown growth in average property values and prices per square foot between April 2023 and March 2024, indicating an investment-friendly environment.

      How To Stop a Foreclosure via a Short Sale
      Home Buying Guides & Tips|posted 26 April 2024

      Learn how a short sale can stop the foreclosure process.

      How To Protect Your Credit Score After Foreclosure
      Financing Guides|posted 24 April 2024

      Learn effective strategies to safeguard your credit score after experiencing a foreclosure.

      Augusta, ME Property Values Soar to $342K Amid Dipping Sales Volume
      Market Reports|posted 24 April 2024

      The Augusta, Maine real estate market has seen considerable growth in property values and price per square foot, despite a decrease in sales. Comparisons with neighboring cities suggest diverse market conditions.

      Recently Listed Homes Jonesboro, AR

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