$75,000
918 Bloomfield St
Cape Girardeau, MO
3 bd2 ba1,635 sqft$46/ft²
House7,231 sqft lot
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Compass Real Estate · Cape Girardeau, MO
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Cape Girardeau, MO(512) 555-0184TX License #0512847
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Cape Girardeau, MO Housing Market
Seller's market+2.6% YoY
Zillow, August 2026 · Refreshes monthlyRedfin, through May 2026 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly
The typical home in Cape Girardeau, MO is worth $221,854, rose 2.6% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $221,500, -2.6% year over year (through May 2026). With 1.5 months of supply and homes going under contract in about 39 days, Cape Girardeau is a seller's market. At today's 7.03% 30-year fixed rate, 20% down on a $221,854 home is about $1,184/mo in principal and interest.
Key numbers for Cape Girardeau, MO
Typical home value
$221,854
+2.6% in 12 months
Zillow, August 2026
Typical asking rent
$1,049/mo
Zillow Observed Rent Index
Zillow, August 2026
Median sale price
$221,500
-2.6% year over year
Redfin, through May 2026
Days on market
39
Average pace
Redfin, through May 2026
Active listings
95
1.5 months of supply
Redfin, through May 2026
30-yr fixed rate
7.03%
Freddie Mac weekly average
Freddie Mac via FRED, September 2026
Median household income
$54,870
Home costs 4.0x income
U.S. Census ACS, 2023
Sale-to-list ratio
97.2%
Selling below asking
Redfin, through May 2026
Zillow figures are as of August 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 Cape Girardeau a buyer's or seller's market?
Seller's market1.5 months of supply39 days on market97.2% of asking
Cape Girardeau, MO is a seller's market, based on 1.5 months of supply and homes selling in about 39 days. Under 2 months of supply is a severe shortage: expect competition on almost anything priced correctly, and little room to negotiate below asking.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Cape Girardeau housing market data show?
Every row below is Redfin's final published month for Cape Girardeau, MO. Redfin, through May 2026
| Metric | Value |
|---|---|
| Median sale price | $221,500 |
| Median list price | $269,950 |
| Year-over-year price change | -2.6% |
| Median price per sq ft | $126/sq ft |
| Median days on market | 39 days |
| Active inventory | 95 listings |
| Months of supply | 1.5 months |
| Sale-to-list price ratio | 97.2% |
| Homes sold (that month) | 65 |
| New listings (that month) | 60 |
| Listings with a price cut | 28.4% |
| Market condition | Seller's 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 Cape Girardeau is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in 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 Cape Girardeau home prices moved?
Over the last three years the median sale price in Cape Girardeau, MO rose 0.7%, from $220,000 to $221,500. The live Zillow value series has rose 2.6% in the last 12 months, which is the more current read now that Redfin's series has stopped. 28.4% of Cape Girardeau listings cut their asking price in the final Redfin month — a high share, and the clearest sign that list prices were running ahead of what buyers would pay. For prices to fall meaningfully from here, supply would have to keep building past 1.5 months while the sale-to-list ratio slips below its current 97.2%. 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 Cape Girardeau?
Priced off the typical home value of $221,854 at the current 7.03% 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% | $44,371 | $177,483 | $1,184/mo |
| 5% | $11,093 | $210,761 | $1,406/mo |
Zillow, August 2026 for the price · Freddie Mac via FRED, September 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 $1,184, that implies roughly $50,759 a year before you add taxes and insurance. The median household in Cape Girardeau earns $54,870, about $4,111 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 4.0x — above the historical 3x norm but in line with much of the country in 2026.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Cape Girardeau in the next 12 months?
Tell us your timeline. We send the 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 Cape Girardeau?
Typical asking rent in Cape Girardeau, MO is $1,049/mo, against a typical home value of $221,854. That is a price-to-rent ratio of 17.6x, which means buying and renting land close enough together that the decision turns on how long you stay and your down payment. Compared head to head, 20% down puts principal and interest at $1,184 a month — $135 more than renting before taxes and insurance, so the ownership case here rests on equity and appreciation rather than monthly cash flow.
Zillow, August 2026 for both value and rent
Add your own down payment, tax rate and time horizon in the rent vs. buy calculator.
Is inventory rising or falling in Cape Girardeau?
Active listings in Cape Girardeau, MO went from 112 in May 2025 to 95 in May 2026, a -15.2% 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 |
|---|---|---|
| June 2025 | 123 | 49 |
| July 2025 | 131 | 61 |
| August 2025 | 126 | 49 |
| September 2025 | 124 | 47 |
| October 2025 | 120 | 49 |
| November 2025 | 107 | 38 |
| December 2025 | 95 | 24 |
| January 2026 | 103 | 47 |
| February 2026 | 97 | 39 |
| March 2026 | 105 | 58 |
| April 2026 | 102 | 53 |
| May 2026 | 95 | 60 |
Redfin, through May 2026
How does Cape Girardeau compare to Missouri and the U.S.?
Cape Girardeau homes sell for $221,500 — 26% below the Missouri median of $297,500. Against the national median of $410,700, Cape Girardeau runs 46% lower. Year-over-year, Cape Girardeau moved -2.6% against Missouri's +4.6% — a smaller swing than the state as a whole.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Cape Girardeau, MO | $221,500 | -2.6% | 39 days |
| Missouri statewide | $297,500 | +4.6% | 27 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 Cape Girardeau
What buyers should watch
- Months of supply, currently 1.5. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The share of listings cutting price, currently 28.4%. A listing that has already cut once is the one most likely to accept below asking.
- The gap between 5% and 20% down here is $222 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 7.03%, every full point of rate change moves the payment on a $221,854 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 Cape Girardeau listing goes under contract in 39 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 97.2% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
- In the last published month Cape Girardeau added 60 new listings against 65 sales — more clearing than arriving, which is the better window to list.
- Your equity moved +2.6% 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 Cape Girardeau varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Cape Girardeau
There are currently 95 homes listed for sale in Cape Girardeau, Missouri. The median listing price is $270K. Featured listings range from $75,000 to $895,000.
$120,000
2917 Shadow Cir
Cape Girardeau, MO
Land8,276 sqft lot
View photos & details
$125,000
1501 N Main St
Cape Girardeau, MO
2 bd1 ba938 sqft$133/ft²
House7,187 sqft lot
View photos & details
$174,900
529 S Hanover St
Cape Girardeau, MO
3 bd2 ba3,543 sqft$49/ft²
House7,013 sqft lot
View photos & details
$189,900
1409 Ripley St
Cape Girardeau, MO
3 bd2 ba1,696 sqft$112/ft²
House9,670 sqft lot
View photos & details
$189,900
207 Hillvale Dr
Cape Girardeau, MO
2 bd2 ba1,313 sqft$145/ft²
House10,454 sqft lot
View photos & details
$229,900
1609 Themis St
Cape Girardeau, MO
3 bd2 ba1,694 sqft$136/ft²
House7,841 sqft lot
View photos & details
$265,000
2525 Albert Rasche Dr
Cape Girardeau, MO
3 bd2 ba1,846 sqft$144/ft²
House9,017 sqft lot
View photos & details
$269,900
1017 Emily Ct
Cape Girardeau, MO
3 bd3 ba2,896 sqft$93/ft²
House10,019 sqft lot
View photos & details
$375,000
2442 Brookwood Dr
Cape Girardeau, MO
5 bd5 ba4,876 sqft$77/ft²
House24,960 sqft lot
View photos & details
$534,900
2960 Pine Hill Spur
Cape Girardeau, MO
5 bd3 ba2,905 sqft$184/ft²
House5,837 sqft lot
View photos & details
$895,000
316 Flagstone Dr
Cape Girardeau, MO
4 bd4 ba5,724 sqft$156/ft²
House3.00 acres
View photos & details
Looking to buy in Cape Girardeau?
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Active listings
95
Homes on market
Median list price
$270K
Avg. days on market
39
Days until sale
New this week
60
Newly listed
Price drops:28.4%of listings
Sale-to-list:97.2%
How much do homes cost in Cape Girardeau by property type?
How the Cape Girardeau, MO 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 | $221,500 | $126/sq ft | 65 | 39 days |
| Condo / co-op | $395,000 | $168/sq ft | 1 | not published |
Who lives in Cape Girardeau?
American Community Survey estimates for Cape Girardeau. U.S. Census ACS, 2023
Population
40,047
Households
16,521
Median income
$54,870/yr
Median age
34.2 years
Owner-occupied
52.2%
Median home value
$186,100
Median gross rent
$855/mo
Mean commute
15.8 min
52.2% of occupied homes in 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 $186,100 against Zillow's $221,854 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions. Census median gross rent (all leases, including long-held ones) is $855/mo, below Zillow's $1,049/mo asking rent on new leases — the difference is roughly what a mover pays over a stayer.
Which public schools serve Cape Girardeau?
13 schools tracked · 4,595 students
The largest public schools serving Cape Girardeau, MO by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
CENTRAL HIGH
Grades 9-12 · 1,315 students
CENTRAL MIDDLE
Grades 5-6 · 610 students
CENTRAL JR. HIGH
Grades 7-8 · 598 students
JEFFERSON ELEM.
Grades PK-5 · 470 students
CLIPPARD ELEM.
Grades PK-4 · 424 students
ALMA SCHRADER ELEM.
Grades K-4 · 357 students
BLANCHARD ELEM.
Grades PK-4 · 303 students
NELL HOLCOMB ELEM.
Grades K-8 · 241 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Cape Girardeau, MO?
Ordered by distance from Cape Girardeau, not by size. Compare Cape Girardeau side by side with any of them.
Cape Girardeau housing market FAQ
Is Cape Girardeau a buyer's or seller's market?
Cape Girardeau, MO is currently a seller's market. That read comes from 1.5 months of supply, homes going under contract in about 39 days, and sellers getting 97.2% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in Cape Girardeau?
The typical home in Cape Girardeau, MO is worth $221,854 (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $221,500, about $126 per square foot.
Is Cape Girardeau cheaper than the rest of Missouri?
Cape Girardeau's median sale price of $221,500 is 26% lower than the Missouri statewide median of $297,500, and 46% below the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Cape Girardeau?
Homes in Cape Girardeau, MO spent a median of 39 days on market before going under contract, versus 27 days statewide. That is a normal pace: enough time to see a home twice, not enough to wait a month. (Redfin, through May 2026.)
What income do you need to buy a home in Cape Girardeau?
At the current 30-year fixed rate of 7.03%, 20% down on a $221,854 home is about $1,184 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $50,759 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $54,870.
Are home prices rising in Cape Girardeau?
The typical home value in Cape Girardeau, MO rose 2.6% over the last 12 months, from $216,216 to $221,854 (Zillow, August 2026). This is the live series — it refreshes monthly.
What are the cheapest ZIP codes in Cape Girardeau?
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 Cape Girardeau?
That depends on your timeline, not on a headline. What the data says today: Cape Girardeau, MO is a seller's market with 1.5 months of supply, the 30-year fixed rate is 7.03%, and the price-to-rent ratio of 17.6x means buying and renting land close enough together that the decision turns on how long you stay and your down payment. Properties Incorporated publishes the data; it does not give financial advice.
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