How much house does $500,000 buy you in Jonesboro?
Back in 2014, spending $500,000 on a house was generally reserved for high earners. The typical U.S. home sold for $159,000, while starter homes averaged just $101,000. Fast-forward to today, and prices have more than doubled: A standard home now sells for $440,000, with starter homes approaching $300,000.
These current prices have put homeownership out of reach for many – and things don't look to be improving. Prices are still rising, affordability keeps dropping, and starter homes are becoming harder to find as home values climb. This has created a very sluggish and difficult housing market. In fact, even the usual busy spring and summer buying seasons were unusually slow this year.
While $500,000 once stretched much further, in many cities today, it's not nearly enough. But what about Jonesboro?
To find out, Redfin Real Estate found listings near the $500,000 mark to see what types of homes you can actually afford in Jonesboro right now. Listings below $500,000 were included if necessary.
2005 Kingshighway, Weiner, AR 72479
- Price: $498,000
- 5 bedrooms, 6 bathrooms
- Square feet: 5,436
- See 2005 Kingshighway, Weiner, AR 72479 on Redfin.com
17259 Reynolds Rd, Harrisburg, AR 72432
- Price: $464,900
- 5 bedrooms, 3 bathrooms
- Square feet: 4,408
- See 17259 Reynolds Rd, Harrisburg, AR 72432 on Redfin.com
90 County Road 378, Bono, AR 72416
- Price: $465,000
- 5 bedrooms, 3 bathrooms
- Square feet: 3,379
- See 90 County Road 378, Bono, AR 72416 on Redfin.com
988 County Road 940, Brookland, AR 72417
- Price: $480,000
- 5 bedrooms, 3 bathrooms
- Square feet: 2,633
- See 988 County Road 940, Brookland, AR 72417 on Redfin.com
52 County Road 7180, Jonesboro, AR 72405
- Price: $465,000
- 5 bedrooms, 2 bathrooms
- Square feet: 2,660
- See 52 County Road 7180, Jonesboro, AR 72405 on Redfin.com
3205 Mallard Pointe Ln, Jonesboro, AR 72404
- Price: $497,000
- 4 bedrooms, 4 bathrooms
- Square feet: 3,175
- See 3205 Mallard Pointe Ln, Jonesboro, AR 72404 on Redfin.com
3501 Annadale Dr, Jonesboro, AR 72404
- Price: $499,000
- 4 bedrooms, 3.5 bathrooms
- Square feet: 3,523
- See 3501 Annadale Dr, Jonesboro, AR 72404 on Redfin.com
4910 Peachtree Ave, Jonesboro, AR 72405
- Price: $489,900
- 4 bedrooms, 3.5 bathrooms
- Square feet: 3,332
- See 4910 Peachtree Ave, Jonesboro, AR 72405 on Redfin.com
5201 Providence Cir, Jonesboro, AR 72404
- Price: $459,900
- 4 bedrooms, 3.5 bathrooms
- Square feet: 2,994
- See 5201 Providence Cir, Jonesboro, AR 72404 on Redfin.com
206 Windover Rd, Jonesboro, AR 72401
- Price: $495,000
- 4 bedrooms, 3 bathrooms
- Square feet: 4,210
- See 206 Windover Rd, Jonesboro, AR 72401 on Redfin.com
828 Laura Lea, Jonesboro, AR 72401
- Price: $484,900
- 4 bedrooms, 3 bathrooms
- Square feet: 3,700
- See 828 Laura Lea, Jonesboro, AR 72401 on Redfin.com
2403 Pinnacle Pointe Dr, Jonesboro, AR 72404
- Price: $499,900
- 4 bedrooms, 3 bathrooms
- Square feet: 3,362
- See 2403 Pinnacle Pointe Dr, Jonesboro, AR 72404 on Redfin.com
4913 S Culberhouse Rd, Jonesboro, AR 72404
- Price: $495,000
- 4 bedrooms, 3 bathrooms
- Square feet: 3,163
- See 4913 S Culberhouse Rd, Jonesboro, AR 72404 on Redfin.com
688 County Road 461, Jonesboro, AR 72404
- Price: $484,900
- 4 bedrooms, 3 bathrooms
- Square feet: 3,077
- See 688 County Road 461, Jonesboro, AR 72404 on Redfin.com
2005 Wood St, Jonesboro, AR 72401
- Price: $475,000
- 4 bedrooms, 3 bathrooms
- Square feet: 2,921
- See 2005 Wood St, Jonesboro, AR 72401 on Redfin.com
3019 Brianna Dr, Jonesboro, AR 72404
- Price: $499,900
- 4 bedrooms, 3 bathrooms
- Square feet: 2,823
- See 3019 Brianna Dr, Jonesboro, AR 72404 on Redfin.com
3997 Highway 351, Jonesboro, AR 72405
- Price: $479,900
- 4 bedrooms, 3 bathrooms
- Square feet: 2,620
- See 3997 Highway 351, Jonesboro, AR 72405 on Redfin.com
359 County Road 757, Jonesboro, AR 72405
- Price: $469,900
- 4 bedrooms, 3 bathrooms
- Square feet: 2,327
- See 359 County Road 757, Jonesboro, AR 72405 on Redfin.com
4312 Lochmoor Cir, Jonesboro, AR 72405
- Price: $499,900
- 4 bedrooms, 2.5 bathrooms
- Square feet: 3,157
- See 4312 Lochmoor Cir, Jonesboro, AR 72405 on Redfin.com
5124 Peachtree Ave, Jonesboro, AR 72405
- Price: $499,900
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,755
- See 5124 Peachtree Ave, Jonesboro, AR 72405 on Redfin.com
551 County Road 782, Jonesboro, AR 72405
- Price: $465,000
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,741
- See 551 County Road 782, Jonesboro, AR 72405 on Redfin.com
231 County Road 7452, Jonesboro, AR 72405
- Price: $455,000
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,525
- See 231 County Road 7452, Jonesboro, AR 72405 on Redfin.com
2717 Paradise Hills Ln, Jonesboro, AR 72405
- Price: $450,000
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,386
- See 2717 Paradise Hills Ln, Jonesboro, AR 72405 on Redfin.com
4837 Peachtree Ave, Jonesboro, AR 72405
- Price: $449,900
- 4 bedrooms, 2 bathrooms
- Square feet: 2,520
- See 4837 Peachtree Ave, Jonesboro, AR 72405 on Redfin.com
3102 Sara Creek Dr, Jonesboro, AR 72401
- Price: $449,900
- 3 bedrooms, 3.5 bathrooms
- Square feet: 3,723
- See 3102 Sara Creek Dr, Jonesboro, AR 72401 on Redfin.com
3234 Windover Garden Cir, Jonesboro, AR 72401
- Price: $489,000
- 3 bedrooms, 3 bathrooms
- Square feet: 2,867
- See 3234 Windover Garden Cir, Jonesboro, AR 72401 on Redfin.com
393 County Road 371, Bono, AR 72416
- Price: $479,000
- 3 bedrooms, 2.5 bathrooms
- Square feet: 3,090
- See 393 County Road 371, Bono, AR 72416 on Redfin.com
1411 S Madison St, Jonesboro, AR 72401
- Price: $469,000
- 3 bedrooms, 2.5 bathrooms
- Square feet: 2,525
- See 1411 S Madison St, Jonesboro, AR 72401 on Redfin.com
808 Melton Dr, Jonesboro, AR 72401
- Price: $490,000
- 3 bedrooms, 2 bathrooms
- Square feet: 2,314
- See 808 Melton Dr, Jonesboro, AR 72401 on Redfin.com