Real Estate Appreciation for Jonesboro, Arkansas: + 8.86%
Appreciation for MSAs:.
Let's start by comparing Jonesboro, Arkansas to the rest of the state. This will give us an idea if the appreciation here was isolated or happened across the state.
We have appreciattion of + 8.86% (+ 2.21% yearly) for the Jonesboro, Arkansas MSA.
The entire state of AR had + 24.06% appreciation (+ 6.02% yearly).
The state average for Arkansas was higher than the real estate appreciation in the Jonesboro, Arkansas MSA. This means the conditions in the MSA for real estate investment were worse by +171.73%.
Jonesboro-AR
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 2002 | 2 | 130.62 | + 0.49% | + 1.97% |
| 2002 | 3 | 133.13 | + 1.92% | + 7.69% |
| 2002 | 4 | 133.11 | - 0.02% | - 0.06% |
| 2003 | 1 | 134.7 | + 1.19% | + 4.78% |
| 2003 | 2 | 135.06 | + 0.27% | + 1.07% |
| 2003 | 3 | 136.98 | + 1.42% | + 5.69% |
| 2003 | 4 | 136.21 | - 0.56% | - 2.25% |
| 2004 | 1 | 138.63 | + 1.78% | + 7.11% |
| 2004 | 2 | 136.17 | - 1.77% | - 7.10% |
| 2004 | 3 | 138.45 | + 1.67% | + 6.70% |
| 2004 | 4 | 139.62 | + 0.85% | + 3.38% |
| 2005 | 1 | 140.5 | + 0.63% | + 2.52% |
| 2005 | 2 | 138.53 | - 1.40% | - 5.61% |
| 2005 | 3 | 142.94 | + 3.18% | + 12.73% |
| 2005 | 4 | 141.49 | - 1.01% | - 4.06% |
Some of the ways peope use our appreciation data for Jonesboro, Arkansas include real estate investment .
Lets look at Rivervale, Arkansas, a city located in Jonesboro, Arkansas MSA.
Appreciation is an important factor in fixing/rehabbing and flipping properties. If appreciation rates are good this area may be prime. If you need information on a Hard Money Rehab Loan in Arkansas check out Spec-Loan.com
If you were going to do a Rivervale, Arkansas Refinance, or Rivervale, Arkansas Reverse Mortgages, you could estimate your home value.
If you knew your Rivervale, Arkansas home was worth $107,000.00 in 2002, you could multiply by + 8.86%, add the gain and see the home should be worth $116,475.07 in 2005. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Jonesboro-AR from 2002 to 2005:
+ 2.21%
Appreciation Comparisons
Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.
Zip Code in MSA: 72377 - RIVERVALE, AR
MSA Pop: 110041Zip Pop: 85
Avg Value: 9999
County: POINSETT
Elev: 275
Region: South
Lat: 35.560311
Long: -90.434384