In Jonesboro, IL, the median value of housing is $91,400. This is significantly lower than the US median value of $338,100. In the last year alone, house appreciation in Jonesboro has been 8.05%, only slightly lower than the US average of 8.27%. Despite a lower housing value and low appreciation rate compared to the national average, Jonesboro still offers potential for property investment opportunities due to its lower costs of living and smaller population size.
The median home cost in Jonesboro is $91,400. Home appreciation the last 10 years has been 35.3%. Home Appreciation in Jonesboro is up 14.3%.
Average Age of Homes
- The median age of Jonesboro real estate is 53 years old
The Rental Market in Jonesboro
- Renters make up 25.8% of the Jonesboro population
- 0.0% of houses and apartments in Jonesboro, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.