Market Overview
Home Prices in Monette, AR
The median home value in Monette, AR is $153,837 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 10.6% compared to a year ago and down 9.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Monette are priced62% below average. Monette is part of the Jonesboro, AR metro area.
Over the past five years, Monette home values have risen by approximately19.1%, reflecting steady appreciation in this market.
Price History
Monette Home Price Trend
City Comparison
Monette vs. National Median
At $153,837, homes in Monette cost 62% below the national median of $410,000. This makes Monette a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Monette?
20% Down Payment
$30,767
on $153,837
Monthly P&I
$802/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,019/mo
incl. taxes & insurance
Income Needed
$40,760
gross annual (30% rule)
10% Down Option
$15,384
+ PMI applies
Loan Amount (20% dn)
$123,070
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Monette, AR?
The median home value in Monette is $153,837 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 10.6% year-over-year.
How much have home prices changed in Monette?
Over the past year, home values in Monette have increased by 10.6%. Over five years, prices have risen approximately 19.1%.
How much do I need to earn to buy a home in Monette?
To comfortably afford the median home price of $153,837 with a 20% down payment ($30,767) at today's rates (6.8%), you'd need a gross annual income of approximately $40,760. This assumes keeping total housing costs at or below 30% of gross income.
How does Monette compare to the national average home price?
The national median home value is approximately $410,000. At $153,837, homes in Monette are 62% below the national average.
What metro area is Monette part of?
Monette is part of the Jonesboro, AR metropolitan area. Home prices and market conditions can vary across the broader metro region.