There are currently 24,838 real estate properties in Jonesboro, AR, with a median automated valuation model (AVM) price of $191,903.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Jonesboro, AR, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Jonesboro, AR, is $230,139.00, with the most expensive house in Jonesboro, AR, topping out at $4,088,700.00 and the cheapest home in Jonesboro, AR, clocking in at $9,062.00. In other words, there’s something for every potential homebuyer or savvy investor in Jonesboro, AR!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Jonesboro, AR, is on a rollercoaster ride. The average rent price in Jonesboro, AR, is $1,085.00. Indeed, when looking to rent in Jonesboro, AR, you can expect to pay as little as $450.00 or as much as $2,040.00, with the average rent median estimated to be $1,020.00. The good news is that finding an affordable and desirable property to rent in Jonesboro, AR -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.
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