Jonesboro housing market
Typical home value
$204K
▲ 4.4% 1 yr
Typical rent
$1,237/mo
▲ 2.8% 1 yr
12-month forecast
+1.8%
#311 of 546 metros
Gross rent yield
7.3%
#94 of 546 · U.S. 6.3%
Days to pending
76 days
▲ +9 days 1 yr
Listings with a price cut
20%
▼ −0.7 pts 1 yr
Key takeaways
- 1The typical home is worth $203,787, up 4.4% in a year and up 20% over five years.
- 2Zillow forecasts home values rising 1.8% over the next 12 months (U.S.: +1.1%).
- 3Typical rent is $1,237/mo (+2.8% YoY), a 7.3% gross yield, above the U.S. 6.3%.
- 4At 7.32% with 20% down, the typical home costs $1,120/mo in principal and interest, $117 less than renting.
- 5Homes go under contract in 76 days (+9 days vs last year); 20% of listings have had a price cut.
Market temperature
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
How fast homes are selling
For saleNew listings
Affordability
To buy (20% down)To rent
Source: Zillow Research (ZHVI, ZORI and market activity data).
How Jonesboro compares
| Measure | Jonesboro | United States | Rank of 546 |
|---|---|---|---|
| Home value, 1-yr change | +4.4% | +1.2% | #94 |
| Home value, 5-yr change | +19.6% | +19.7% | |
| 12-month forecast | +1.8% | +1.1% | #311 |
| Rent, 1-yr change | +2.8% | +2.7% | #323 |
| Gross rent yield | 7.3% | 6.3% | #94 |
| Price-to-rent ratio | 13.7 | 15.8 | |
| Mortgage P&I on typical home | $1,120 | $2,012 | |
| Income needed to buy | $56,733 | $100,902 | |
| Days to pending | 76 | 56 |
Cities in the Jonesboro metro
1 cities with home value and rent data.
| Jonesboro | $227K | ▲ 3.7% | $1,243 | ▲ 2.9% | 6.6% |
Run the numbers
Rental property calculator
Cash flow on a typical Jonesboro rental ($204K, $1,237/mo), pre-filled.
Mortgage calculator
Monthly payment on a typical Jonesboro home.
Rent vs buy
Is it cheaper to rent or buy in Jonesboro?
Other Arkansas metros
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$230K home$1,234 rent6.4% yield
▲ 3.7% 1 yr
Fayetteville, AR
$364K home$1,571 rent5.2% yield
▲ 2.5% 1 yr
Fort Smith, AR
$203K home$1,074 rent6.4% yield
▲ 4.4% 1 yr
Hot Springs, AR
$244K home$1,236 rent6.1% yield
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Russellville, AR
$200K home$905 rent5.4% yield
▲ 3.3% 1 yr
Searcy, AR
$208K home$1,064 rent6.1% yield
▲ 3.8% 1 yr
Paragould, AR
$194K home$1,090 rent6.7% yield
▲ 3.2% 1 yr
Gross yield = 12 × typical rent ÷ typical home value, before expenses. Mortgage estimate: 20% down, 30-year fixed at the current Freddie Mac average, principal and interest only. Forecast: Zillow Home Value Forecast. Data refreshed Oct 26, 2026.