Commercial Real Estate Market in Jonesboro, AR
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
637 active listings and 3,807 off-market properties in Jonesboro, AR. Commercial property asks $94/SF to buy and $20.34/SF/Yr to lease.
Market Trends
Jonesboro, AR spans 252.4 square miles in Craighead County, Arkansas. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Jonesboro, AR asks $32/SF to buy. Vacancy runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Retail
Retail space in Jonesboro, AR asks $59/SF to buy. Vacancy runs 5.4% across the South region in 2025, down from 7% in 2020.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Industrial
Industrial vacancy in Jonesboro, AR runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Vacancy Rate % in South region
Multifamily
Multifamily space in Jonesboro, AR asks $123/SF to buy. Vacancy runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 68%
- Industrial 18%
- Commercial 8.6%
- Agricultural 3.3%
- Planned_development 1%
- Mixed use 0.8%
- Civic 0.3%
Largest Zones share of zoned land by district
Single Family Medium Density District
General Industrial District
General Commercial District
Multifamily Low Density District
Agriculture District
Jonesboro, AR zones 46,700 acres across 52 districts. Commercial zoning covers 8.6% of zoned land, residential 68% and industrial 18%. The largest single district is Single Family Medium Density District at 58.9%. For commercial buyers the practical constraint is that only 26.6% of land carries a commercial or industrial designation.
Single Family Medium Density District (R-1)
R-1 Single-family medium density residential X - - - RS-1-RS-8 Single-family residential X - - - R-1A Single-family high density residential X - - - R-2 Multifamily low density residential X - - - R-2A Multifamily medium density residential X - - - R-3 Multifamily high density residential X - - - RM-4-RM-16 Multifamily districts X - - - CR-1 Neighborhood off…
Market overview
Demographics & Economy
Jonesboro, AR has 89,580 residents in 38,895 households. Density runs 355 people per square mile. Median household income here is $59,029 and median gross rent $932 a month.
89,580
Population
38,895
Households
2.3
Avg Household Size
33
Median Age
30%
College-Educated
91%
High-School Grad
252.4 sq mi
ZIP Area
355
Density / Sq Mi
$59,029
Median Household Income
$37,183
Median Earnings
$932
Median Rent
$212,559
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| State University | — | — |
| Bono | — | — |
| Brookland | — | — |
| Pleasant Hills | — | — |
Commercial property in Jonesboro, AR asks $94/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Jonesboro?
Commercial property in Jonesboro, AR asks an average of $94 per square foot. The 5 most recent recorded sales traded at a median of $140/SF. Multifamily carries the highest asking price at $123/SF.
How much does it cost to lease commercial space in Jonesboro?
Asking lease rates in Jonesboro, AR average $20.34 per square foot per year.
What zoning applies to commercial property in Jonesboro?
Jonesboro, AR zones 46,700 acres across 52 districts, of which 8.6% is commercial and 18% industrial. The largest single district is Single Family Medium Density District at 58.9% of zoned land. R-1 Single-family medium density residential X - - - RS-1-RS-8 Single-family residential X - - - R-1A Single-family high density residential X - - - R-2 Multifamily low density residential X - - - R-2A Multifamily medium density residential X - - - R-3 Multifamily high density residential X - - - RM-4-RM-16 Multifamily districts X - - - CR-1 Neighborhood off… Residential zoning covers 68% and open space 0%.
Where does Realmo's Jonesboro market data come from?
Realmo compiles Jonesboro, AR figures from 6 recent recorded sales, 581 active sale listings, 56 active lease listings, 3,807 tracked off-market properties, the current Jonesboro zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 581 active for-sale and 56 active for-lease listings in Jonesboro, AR. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 46,700 zoned acres across 52 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at South region level, retail vacancy is reported at South region level and industrial vacancy is reported at South region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
