Commercial Real Estate Market in Jonesboro, IN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
1 active listing and 51 off-market properties in Jonesboro, IN.
Market Trends
Jonesboro, IN spans 31.1 square miles in Grant County, Indiana. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Jonesboro, IN runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Vacancy Rate % in Midwest region
Retail
Retail vacancy in Jonesboro, IN runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Jonesboro, IN runs 4.9% across the Midwest region in 2025, up from 4.4% in 2019. Nearly 1.6x the 2022 low of 3.1%.
Vacancy Rate % in Midwest region
Multifamily
Multifamily vacancy in Jonesboro, IN runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Vacancy Rate % in Midwest region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 89%
- Industrial 5.9%
- Commercial 4.7%
- Agricultural 0.3%
Largest Zones share of zoned land by district
Medium Density Single Family Residential
Low Density Single And Multiple Family Residential
General Industry
General Business
Mobile Home Park District
Jonesboro, IN zones 388 acres across 10 districts. Commercial zoning covers 4.7% of zoned land, residential 89% and industrial 5.9%. The largest single district is Medium Density Single Family Residential at 66.5%. For commercial buyers the practical constraint is that only 10.6% of land carries a commercial or industrial designation.
Medium Density Single Family Residential (R2)
The Residential 2 (R2) District is primarily single-family of medium density district. The R2 requirements as to minimum lots and ground floor area of buildings are less than those specified for RS and R1. This district frequently applies to existing residential neighborhoods and comparable expansions thereof.
Market overview
Demographics & Economy
Jonesboro, IN has 2,824 residents in 1,311 households. Density runs 91 people per square mile. Median household income here is $45,469 and median gross rent $928 a month.
2,824
Population
1,311
Households
2.2
Avg Household Size
45
Median Age
16%
College-Educated
92%
High-School Grad
31.1 sq mi
ZIP Area
91
Density / Sq Mi
$45,469
Median Household Income
$41,870
Median Earnings
$928
Median Rent
$91,300
Median Home Value
Tools
Nearby Markets
Frequently Asked Questions
What zoning applies to commercial property in Jonesboro?
Jonesboro, IN zones 388 acres across 10 districts, of which 4.7% is commercial and 5.9% industrial. The largest single district is Medium Density Single Family Residential at 66.5% of zoned land. The Residential 2 (R2) District is primarily single-family of medium density district. The R2 requirements as to minimum lots and ground floor area of buildings are less than those specified for RS and R1. This district frequently applies to existing residential neighborhoods and comparable expansions thereof. Residential zoning covers 89% and open space 0%.
Where does Realmo's Jonesboro market data come from?
Realmo compiles Jonesboro, IN figures from 1 active sale listings, 51 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 1 active for-sale and 0 active for-lease listings in Jonesboro, IN. 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: 388 zoned acres across 10 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 Midwest region level, retail vacancy is reported at Midwest region level and industrial vacancy is reported at Midwest 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
