
Cities with the most expensive homes in the Jonesboro metro area
Cities with the most expensive homes in the Jonesboro metro area
Purchasing a home is one of the most important investments there is. More than a place to live, homeownership is an asset with the potential to tremendously rise in value. But with home prices reaching record heights, affordability plays a huge role for buyers.
The typical home value in the United States was $359,741 in March, 1.2% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of April 17, the 30-year fixed mortgage rate sits at 6.83%.Although home prices have inflated all across the U.S., there are some cities that command a higher price tag than others. Location, size, age, and condition are all contributing factors to home value.
Stacker compiled a list of cities with the most expensive homes in the Jonesboro metro area using data from Zillow. Charts show the monthly typical home value since January 2018. All 9 cities and towns with data available were included in the list.

#9. Marked Tree, AR
- Typical home value: $82,243
- 1-year price change: -2.3%
- 5-year price change: +13.9%

#8. Lepanto, AR
- Typical home value: $86,978
- 1-year price change: -3.8%
- 5-year price change: +39.4%

#7. Trumann, AR
- Typical home value: $122,232
- 1-year price change: -1.1%
- 5-year price change: +40.6%

#6. Harrisburg, AR
- Typical home value: $129,053
- 1-year price change: -4.1%
- 5-year price change: +33.0%

#5. Monette, AR
- Typical home value: $129,232
- 1-year price change: -3.9%
- 5-year price change: +37.1%

#4. Bay, AR
- Typical home value: $129,607
- 1-year price change: -2.2%
- 5-year price change: +39.2%

#3. Lake City, AR
- Typical home value: $150,561
- 1-year price change: -1.5%
- 5-year price change: +46.3%

#2. Jonesboro, AR
- Typical home value: $213,203
- 1-year price change: -0.2%
- 5-year price change: +33.0%

#1. Brookland, AR
- Typical home value: $217,028
- 1-year price change: +0.7%
- 5-year price change: +37.0%