Home prices
The median home value in Jonesboro is $152,900. Compared to its nearby areas this is about $64,600 (73%) higher.It is approximately $64,600 (29%) lower compared to the United States as a whole, and compared to the city of Memphis it is approximately $51,100 (50%) higher.
Rents
The median rent in Jonesboro is $764 a month. Compared to other places in this area it is approximately $33 (4%) higher.In comparison to the nation as a whole it is about $298 (28%) lower, and is about $137 (15%) lower compared to the city of Memphis.
Nearby places
Bay
Bay is Jonesboro's neighbor to the southeast. The housing prices there are significantly less expensive. Bay's median home value is $82,800, which comes out to $70,100 (84%) lower than Jonesboro. Rent there is a bit less expensive. The median monthly rent in Bay is $717, which is $47 (6%) lower than Jonesboro.
Brookland
Brookland is approximately 7 miles northeast of Jonesboro. Housing prices there are significantly less expensive. The median home value in Brookland is $110,700, which is $42,200 (38%) lower than Jonesboro. Rents there are pretty similar. The median rent in Brookland is $748 per month, which is $16 (2%) lower than Jonesboro.
Bono
Bono is roughly 8 miles northwest from Jonesboro. Real estate prices there are a lot less expensive. Bono's median home cost is $97,800, which comes out to $55,100 (56%) lower than Jonesboro. Its rents are a little less expensive. Bono's median rent is $723 per month, which works out to $41 (5%) lower than Jonesboro.
Lake City
Lake City is roughly 11 miles east of Jonesboro. Housing prices there are a lot less expensive. The price of the median home in Lake City is $93,500, which comes out to $59,400 (63%) lower than Jonesboro. Rent there is a little more expensive. The median monthly rent in Lake City is $838, which comes out to $74 (8%) higher than Jonesboro.
Cash
Cash is about 12 miles west from Jonesboro. Real estate prices there are significantly less expensive. Cash's median home price is $56,700, which comes out to $96,200 (169%) lower than Jonesboro. Rents there are a little less expensive. Cash's median monthly rent is $630, which is $134 (21%) lower than Jonesboro.