Jonesboro, AR housing market

Craighead CountyJonesboro, AR metroData through Sep 2026
Typical home value
$227K
▲ 3.7% 1 yr
Typical rent
$1,243/mo
▲ 2.9% 1 yr
Gross rent yield
6.6%
U.S. 6.3%
5-year home value change
+20%
U.S. +20%

Key takeaways

  • 1The typical home in Jonesboro is worth $226,988, up 3.7% over the past year and up 20% over five years.
  • 2Typical rent is $1,243 a month (+2.9% YoY), a gross rent yield of 6.6% (below the Jonesboro, AR metro's 7.3%).
  • 3With 20% down at 7.32%, principal and interest on the typical home is about $1,247/mo, $4 more than typical rent.
  • 4Zillow forecasts the Jonesboro, AR metro's home values to change +1.8% over the next 12 months.
Market temperature (Jonesboro, AR metro)
Neutral market
Buyer'sNeutralSeller's

Zillow Market Heat Index: 47/100, #183 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.

Home values and rent

Typical home value, Jonesboro
Latest $227K
$151K$175K$198K$222K2016201920222025
Typical monthly rent, Jonesboro
Latest $1,243
$854$976$1,099$1,2212016201920222025

Source: Zillow Research (ZHVI, ZORI and market activity data).

How Jonesboro compares

MeasureJonesboroJonesboro, AR metroUnited States
Typical home value$226,988$203,787$366,157
Home value, 1-yr change+3.7%+4.4%+1.2%
Typical rent$1,243$1,237$1,932
Rent, 1-yr change+2.9%+2.8%+2.7%
Gross rent yield6.6%7.3%6.3%
Price-to-rent ratio15.213.715.8
Mortgage P&I, typical home$1,247$1,120$2,012

Run the numbers

Jonesboro, AR metro report →Arkansas housing market →

City figures are Zillow's typical home value (ZHVI) and observed rent (ZORI). Gross yield is before expenses. Data refreshed Oct 26, 2026.