Why Live in Paragould
Paragould, located in Greene County, Arkansas, is a small town with a rich history tied to the railroads. The city, known as the Friendly City, has a population of over 30,000 and is situated on the edge of Crowley’s Ridge. The local economy benefits from major employers like Greenbrier Rail, Tenneco, Inc., Anchor Industries, and Arkansas Methodist Medical Center. Housing options include renovated ranch-style homes from the mid-to-late 20th century, older cottages, and new constructions, with median prices significantly below the national average. The Paragould School District hosts community events, and private schools such as Crowley’s Ridge Academy are highly rated. Paragould's downtown area features unique boutiques, shops, and attractions like the Greene County Museum and Collins Theater. The city hosts various events, including the Loose Caboose Festival and Greene County Fair. Residents enjoy outdoor activities at Reynold Park and the Paragould Community Center, while ongoing projects like the 8 Mile Creek Trail aim to connect to Crowley’s Ridge State Park. Despite high humidity in summer and cold, dry winters, Paragould offers a range of things to do for its residents. The nearest major city is Jonesboro, 22 miles away, and Memphis International Airport is about 94 miles from Paragould.
Home Trends in Paragould, AR
On average, homes in Paragould, AR sell after 56 days on the market compared to the national average of 50 days. The median sale price for homes in Paragould, AR over the last 12 months is $180,000, down 2% from the median home sale price over the previous 12 months.
Median Sale Price
$180,000
Median Single Family Sale Price
$189,400
Median Townhouse Sale Price
$167,000
Median 2 Bedroom Sale Price
$299,900
Median Studio Sale Price
$167,000
Average Price Per Sq Ft
$119
Number of Homes for Sale
167
Last 12 months Home Sales
916
Median List Price
$195,000
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
-2%