Is Jonesboro, IL 62952 a buyer’s or seller’s market?
Jonesboro is a seller’s market. With about 3.2 months of supply and 17% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Jonesboro housing market right now
In the three months ending August 31, 2026, 17% of homes in Jonesboro, IL 62952 sold above their list price, the typical home went under contract in 78 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 6 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold more slowly (75 days then) and the median sale price fell 25% to $136,378. Overall, Jonesboro is more competitive than a year ago, so tougher for buyers.
Within Union County, homes here sell more slowly than in 75% of the county’s ZIP codes, and sell more often over asking than in 75%.
Nearby, buyers who want less competition could look at Dongola 62926 (0% sold over asking) or Cobden 62920 (0% sold over asking), while Anna 62906 (36% sold over asking) is even more competitive.
Run the numbers for 62952
Nearby markets
Alto Pass 62905Seller’s market $197 /sq ftAnna 62906Buyer’s market $86 /sq ftCobden 62920Buyer’s market $115 /sq ftDongola 62926Buyer’s market $86 /sq ft Browse all markets →Towns like Jonesboro nearby
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Questions about Jonesboro real estate
Is Jonesboro a buyer’s or seller’s market?
A seller’s market: there were 3.2 months of supply in Jonesboro, IL 62952 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Jonesboro?
The typical home went under contract in 78 days in the latest three months.
Do homes in Jonesboro sell over asking?
17% of homes sold above their original list price, and the typical sale closed at 96.8% of the list price.
What are property taxes in Jonesboro?
About 1.30% of a home’s value a year in Union County, or roughly $5,200 on a $400,000 home.
What is the median home price in Jonesboro?
The median sale price was $136,378 in the three months ending August 31, 2026, about $88 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology