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JONESBORO, IN 46938

Real Estate Market Report  ·  Grant County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
7
⇩ 12.5% vs 8 last year
Pending
4
57% pending ratio
Median Price
$168,000
⇧ 30.8% vs $128,450 last year
Average Price
$144,300
⇩ 17.7% vs $175,310 last year
Days on Market
59
⇧ 13.5% vs 52 days last year

Market Context

Population: 2,385  ·  Density: 29.6/mi²  ·  Median household income: $42,917

Typical home value: $87,293  ·  Homeownership: 79.6%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The JONESBORO, IN real estate market (46938) currently shows 7 active listings, with 4 pending sales. Homes are averaging 59 days on the market before going under contract.

Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 59 days on market compared to 52 days last year.

The median listing price has risen 30.8% year-over-year, from $128,450 to $168,000.

Whether you are buying or selling in JONESBORO, IN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 7 this year vs 8 last year
  • Days on market: 59 now vs 52 last year

Median & Average Pricing

Year over Year
  • Median: $168,000 (+30.8% YoY)
  • Average: $144,300 (-17.7% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 18.9 miles — 282 listings ($50,988,294 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
46938Jonesboro, IN 469380.0 mi7$1,010,100$168,000$144,300
46933Gas City, IN 469334.2 mi18$5,200,380$254,900$288,910
46953Marion, IN 469534.9 mi55$6,627,885$78,000$120,507
46989Upland, IN 469898.8 mi7$2,585,800$358,900$369,400
46986Swayzee, IN 469869.5 mi5$1,281,800$269,900$256,360
46952Marion, IN 4695210.4 mi72$12,554,784$156,450$174,372
46001Alexandria, IN 4600113.6 mi34$6,214,826$159,900$182,789
46991Van Buren, IN 4699114.6 mi5$803,915$85,000$160,783
46919Converse, IN 4691915.1 mi4$603,900$96,000$150,975
46076Windfall, IN 4607616.3 mi2$715,000$357,500$357,500
47338Eaton, IN 4733817.8 mi12$3,308,664$235,000$275,722
46984Somerset, IN 4698417.9 mi1$199,000$199,000$199,000
47303Muncie, IN 4730318.9 mi60$9,882,240$140,000$164,704

Frequently Asked Questions

How many homes are for sale in JONESBORO, IN 46938?

As of January 2026, there are 7 active listings in JONESBORO, IN (zip code 46938), compared to 8 the prior year.

What is the median home price in JONESBORO, IN 46938?

The median listing price in JONESBORO, IN 46938 is $168,000 as of January 2026, a 30.8% increase from $128,450 the prior year.

How long do homes stay on the market in JONESBORO, IN?

Homes in JONESBORO, IN 46938 spend an average of 59 days on the market before going under contract, compared to 52 days the prior year.

Is it a seller's or buyer's market in JONESBORO, IN 46938?

Based on current inventory and days-on-market data as of January 2026, JONESBORO, IN 46938 is currently a Balanced Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 59 days on market compared to 52 days last year.

How much can I save on real estate commission in JONESBORO, IN?

With SELL123.com's maximum 3% commission, sellers in JONESBORO, IN 46938 save an estimated $3,360 compared to a typical 5% commission on the median listing price of $168,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.