Market Overview
Home Prices in Jonesboro, ME
The median home value in Jonesboro, ME is $203,174 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 4.1% compared to a year ago and down 4.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Jonesboro are priced50% below average.
Over the past five years, Jonesboro home values have risen by approximately25.3%, reflecting strong long-term appreciation in this market.
Price History
Jonesboro Home Price Trend
2020
$130,893
$131K
—
2021
$162,132
$162K
+23.9%
2022
$198,334
$198K
+22.3%
2023
$205,443
$205K
+3.6%
2024
$203,828
$204K
-0.8%
2025
$195,246
$195K
-4.2%
2026
$203,174
$203K
+4.1%
City Comparison
Jonesboro vs. National Median
🏠 Jonesboro
$203,174
National Median
$410,000
At $203,174, homes in Jonesboro cost 50% below the national median of $410,000. This makes Jonesboro a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Jonesboro?
20% Down Payment
$40,635
on $203,174
Monthly P&I
$1,060/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,346/mo
incl. taxes & insurance
Income Needed
$53,840
gross annual (30% rule)
10% Down Option
$20,317
+ PMI applies
Loan Amount (20% dn)
$162,539
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 Jonesboro, ME?
The median home value in Jonesboro is $203,174 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 4.1% year-over-year.
How much have home prices changed in Jonesboro?
Over the past year, home values in Jonesboro have increased by 4.1%. Over five years, prices have risen approximately 25.3%.
How much do I need to earn to buy a home in Jonesboro?
To comfortably afford the median home price of $203,174 with a 20% down payment ($40,635) at today's rates (6.8%), you'd need a gross annual income of approximately $53,840. This assumes keeping total housing costs at or below 30% of gross income.
How does Jonesboro compare to the national average home price?
The national median home value is approximately $410,000. At $203,174, homes in Jonesboro are 50% below the national average.