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Featured local agent — East Cape Girardeau, IL
Sarah Mitchell
Compass Real Estate · East Cape Girardeau, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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East Cape Girardeau, IL Housing Market
The typical home in East Cape Girardeau, IL is worth $63,431, fell 6.1% over the past year (Zillow Home Value Index, July 2026). The last median sale price Redfin published was $85,000 (through May 2026). With 3.0 months of supply and homes going under contract in about 570 days, East Cape Girardeau is a balanced market. At today's 6.66% 30-year fixed rate, 20% down on a $63,431 home is about $326/mo in principal and interest.
Key numbers for East Cape Girardeau, IL
Typical home value
$63,431
-6.1% in 12 months
Zillow, July 2026
Median sale price
$85,000
Last published period
Redfin, through May 2026
Days on market
570
Slow-moving
Redfin, through May 2026
Active listings
3
3.0 months of supply
Redfin, through May 2026
30-yr fixed rate
6.66%
Freddie Mac weekly average
Freddie Mac via FRED, August 2026
Median household income
$42,188
Home costs 1.5x income
U.S. Census ACS, 2023
Sale-to-list ratio
100.1%
Selling above asking
Redfin, through May 2026
Zillow figures are as of July 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is East Cape Girardeau a buyer's or seller's market?
East Cape Girardeau, IL is a balanced market, based on 3.0 months of supply and homes selling in about 570 days. Under 4 months of supply tilts the market toward sellers: homes clear faster than they are replaced, so concessions are scarce.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the East Cape Girardeau housing market data show?
Every row below is Redfin's final published month for East Cape Girardeau, IL. Redfin, through May 2026
| Metric | Value |
|---|---|
| Median sale price | $85,000 |
| Median price per sq ft | $61/sq ft |
| Median days on market | 570 days |
| Active inventory | 3 listings |
| Months of supply | 3.0 months |
| Sale-to-list price ratio | 100.1% |
| Homes sold (that month) | 1 |
| Market condition | Balanced market |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for East Cape Girardeau is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in East Cape Girardeau is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have East Cape Girardeau home prices moved?
Across the 20 months we hold for East Cape Girardeau, IL, the median sale price rose 89.3%, from $44,900 in June 2021 to $85,000. The live Zillow value series has fell 6.1% in the last 12 months, which is the more current read now that Redfin's series has stopped. For prices to fall meaningfully from here, supply would have to keep building past 3.0 months while the sale-to-list ratio slips below its current 100.1%. Watch those two together — they move before the median does.
Redfin, through May 2026 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in East Cape Girardeau?
Priced off the typical home value of $63,431 at the current 6.66% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $12,686 | $50,745 | $326/mo |
| 5% | $3,172 | $60,260 | $387/mo |
Zillow, July 2026 for the price · Freddie Mac via FRED, August 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $326, that implies roughly $13,976 a year before you add taxes and insurance. The median household in East Cape Girardeau earns $42,188, about $28,212 more than that threshold — the typical local household clears the payment on a typical local home with 20% down. That puts the price-to-income ratio at 1.5x — close to the historical 3x norm, which is unusual in 2026.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in East Cape Girardeau in the next 12 months?
Tell us your timeline. We send the East Cape Girardeau market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in East Cape Girardeau?
Zillow does not publish a rent index (ZORI) for East Cape Girardeau, IL, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.
Is inventory rising or falling in East Cape Girardeau?
Active listings in East Cape Girardeau, IL went from 8 in September 2022 to 3 in May 2026, a -62.5% change. Falling inventory tightens competition. When supply drops while demand holds, sale-to-list ratios rise before the median sale price does.
| Month | Active listings | New listings |
|---|---|---|
| October 2022 | 7 | not published |
| December 2022 | 5 | 1 |
| April 2023 | 3 | not published |
| May 2023 | 1 | not published |
| August 2024 | 7 | 2 |
| October 2024 | 6 | not published |
| December 2024 | 5 | not published |
| January 2025 | 6 | 1 |
| July 2025 | 4 | not published |
| September 2025 | 2 | not published |
| February 2026 | 2 | not published |
| May 2026 | 3 | not published |
Redfin, through May 2026
How does East Cape Girardeau compare to Illinois and the U.S.?
East Cape Girardeau homes sell for $85,000 — 75% below the Illinois median of $337,900. Against the national median of $410,700, East Cape Girardeau runs 79% lower.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| East Cape Girardeau, IL | $85,000 | not published | 570 days |
| Illinois statewide | $337,900 | +5.9% | 43 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in East Cape Girardeau
What buyers should watch
- Months of supply, currently 3.0. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The gap between 5% and 20% down here is $61 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 6.66%, every full point of rate change moves the payment on a $63,431 home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median East Cape Girardeau listing goes under contract in 570 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Homes here close at 100.1% of asking. Price at the number you want and let competition do the rest.
- Your equity moved -6.1% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
- Comparable ZIP-level pricing inside East Cape Girardeau varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in East Cape Girardeau
There are currently 3 homes listed for sale in East Cape Girardeau, Illinois.
Active listings
3
Homes on market
Avg. days on market
570
Days until sale
How much do homes cost in East Cape Girardeau by property type?
How the East Cape Girardeau, IL market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $85,000 | $61/sq ft | 1 | 570 days |
| Townhouse | $134,000 | $43/sq ft | 1 | 93 days |
Who lives in East Cape Girardeau?
American Community Survey estimates for East Cape Girardeau. U.S. Census ACS, 2023
Population
292
Households
84
Median income
$42,188/yr
Median age
38.2 years
Owner-occupied
69.0%
Median home value
$57,500
Median gross rent
$953/mo
Mean commute
21.8 min
69.0% of occupied homes in East Cape Girardeau are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $57,500 against Zillow's $63,431 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions.
Which cities are near East Cape Girardeau, IL?
Ordered by distance from East Cape Girardeau, not by size. Compare East Cape Girardeau side by side with any of them.
East Cape Girardeau housing market FAQ
Is East Cape Girardeau a buyer's or seller's market?
East Cape Girardeau, IL is currently a balanced market. That read comes from 3.0 months of supply, homes going under contract in about 570 days, and sellers getting 100.1% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in East Cape Girardeau?
The typical home in East Cape Girardeau, IL is worth $63,431 (Zillow Home Value Index, July 2026). The median sale price in the last month Redfin published was $85,000, about $61 per square foot.
Is East Cape Girardeau cheaper than the rest of Illinois?
East Cape Girardeau's median sale price of $85,000 is 75% lower than the Illinois statewide median of $337,900, and 79% below the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in East Cape Girardeau?
Homes in East Cape Girardeau, IL spent a median of 570 days on market before going under contract, versus 43 days statewide. Over two months means buyers have time to inspect, compare and negotiate. (Redfin, through May 2026.)
What income do you need to buy a home in East Cape Girardeau?
At the current 30-year fixed rate of 6.66%, 20% down on a $63,431 home is about $326 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $13,976 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $42,188.
Are home prices rising in East Cape Girardeau?
The typical home value in East Cape Girardeau, IL fell 6.1% over the last 12 months, from $67,552 to $63,431 (Zillow, July 2026). This is the live series — it refreshes monthly.
What are the cheapest ZIP codes in East Cape Girardeau?
East Cape Girardeau ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in East Cape Girardeau?
That depends on your timeline, not on a headline. What the data says today: East Cape Girardeau, IL is a balanced market with 3.0 months of supply, the 30-year fixed rate is 6.66%. Properties Incorporated publishes the data; it does not give financial advice.
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