Why Live in Paragould
Paragould, Arkansas, located in Greene County, is a small city with a population of over 30,000. Known as the Friendly City, Paragould has a rich history tied to the railroads, which continue to play a significant role in the local economy. Major employers include Greenbrier Rail, Tenneco, Inc., Anchor Industries, and Arkansas Methodist Medical Center. Housing options range from renovated mid-20th-century ranch-style homes to older cottages and new constructions, with median prices significantly below the national average. The Paragould School District hosts community events, and private schools like Crowley’s Ridge Academy are highly rated. Crowley’s Ridge College offers diverse educational programs. While the city is car-dependent, recent additions like bike lanes and expanded sidewalks on Court Street aim to improve accessibility. Paragould is approximately 80 miles from Memphis, Tennessee, and 22 miles from Jonesboro. Downtown Paragould features unique boutiques, shops, the Greene County Museum, and the Collins Theater. The Paragould Farmers Market operates from May to October. Community events include the Loose Caboose Festival, Downtown After Hours concerts, and the Greene County Fair. Reynold Park offers fishing, and the developing 8 Mile Creek Trail will connect to Crowley’s Ridge State Park. The Paragould Community Center provides various indoor and outdoor recreational activities. The climate is characterized by hot, humid summers and cold, dry winters, with a higher risk of tornadoes due to its proximity to Arkansas's tornado alley.
Home Trends in Paragould, AR
On average, homes in Paragould, AR sell after 52 days on the market compared to the national average of 70 days. The median sale price for homes in Paragould, AR over the last 12 months is $255,000, up 28% from the median home sale price over the previous 12 months.
Median Sale Price
$255,000
Median Single Family Sale Price
$255,000
Average Price Per Sq Ft
$141
Number of Homes for Sale
27
Last 12 months Home Sales
420
Median List Price
$260,445
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
28%