Is Jonesboro, AR 72405 a buyer’s or seller’s market?

The Jonesboro housing market right now

In the three months ending August 31, 2026, 6% of homes in Jonesboro, AR 72405 sold above their list price, the typical home went under contract in 60 days and there were 2.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 98 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 10%, homes sold faster (73 days then) and the median sale price fell 9% to $259,888. Overall, Jonesboro is about as competitive as it was a year ago.

Within Craighead County, homes here sell more slowly than in 56% of the county’s ZIP codes, and sell less often over asking than in 67%. On our competition score, Jonesboro ranks #71 of 132 AR ZIP codes with enough sales (score 28 out of 100).

Nearby, buyers who want less competition could look at Monette 72447 (0% sold over asking) or Cash 72421 (0% sold over asking), while Bay 72411 (67% sold over asking) and Lake City 72437 (44% sold over asking) are even more competitive.