$75,000
918 Bloomfield St
Cape Girardeau, MO
3 bd2 ba1,635 sqft$46/ft²
House7,231 sqft lot
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Sarah Mitchell
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Compass Real Estate · Cape Girardeau, MO
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
Cape Girardeau, MO(512) 555-0184TX License #0512847
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Cape Girardeau, MO Housing Market & Real Estate
Seller's market-2.6% YoY
Housing market overview · Updated monthly ·
$221,500median sale price
How is the Cape Girardeau, MO housing market right now?
The median home sale price in Cape Girardeau, MO is $221,500, down 2.6% year-over-year. Homes sell in an average of 39 days with 95 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Cape Girardeau a buyer's or seller's market?
Seller's market1.5 months of supply39 avg. days on market
Cape Girardeau, MO is currently a seller's market, based on 1.5 months of supply and homes selling in about 39 days. How we determine this →
Homes sold
65
Last 12 weeks
Days on market
39
Average pace
Active listings
95
1.5 months supply
Sale-to-list
97.2%
Below asking
What does the Cape Girardeau housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $221,500 |
| Median list price | $269,950 |
| Year-over-year price change | -2.6% |
| Average days on market | 39 days |
| Active inventory | 95 listings |
| Months of supply | 1.5 months |
| Sale-to-list price ratio | 97.2% |
| Median price per sq ft | $126/sq ft |
| Homes sold (latest month) | 65 |
| New listings (latest month) | 60 |
| Listings with a price cut | 28.4% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
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.
| 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 | — |
Source: Redfin · Updated monthly
The Cape Girardeau housing market is currently classified as a seller's market with a median sale price of $221,500. Prices have fallen 2.6% compared to last year, with homes spending an average of 39 days on market, indicating 1.5 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 4.1x provides context for how home values compare to local earning capacity.
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
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$125,000
1501 N Main St
Cape Girardeau, MO
2 bd1 ba938 sqft$133/ft²
House7,187 sqft lot
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$174,900
529 S Hanover St
Cape Girardeau, MO
3 bd2 ba3,543 sqft$49/ft²
House7,013 sqft lot
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$189,900
1409 Ripley St
Cape Girardeau, MO
3 bd2 ba1,696 sqft$112/ft²
House9,670 sqft lot
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$189,900
207 Hillvale Dr
Cape Girardeau, MO
2 bd2 ba1,313 sqft$145/ft²
House10,454 sqft lot
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$229,900
1609 Themis St
Cape Girardeau, MO
3 bd2 ba1,694 sqft$136/ft²
House7,841 sqft lot
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$265,000
2525 Albert Rasche Dr
Cape Girardeau, MO
3 bd2 ba1,846 sqft$144/ft²
House9,017 sqft lot
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$269,900
1017 Emily Ct
Cape Girardeau, MO
3 bd3 ba2,896 sqft$93/ft²
House10,019 sqft lot
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$375,000
2442 Brookwood Dr
Cape Girardeau, MO
5 bd5 ba4,876 sqft$77/ft²
House24,960 sqft lot
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$534,900
2960 Pine Hill Spur
Cape Girardeau, MO
5 bd3 ba2,905 sqft$184/ft²
House5,837 sqft lot
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$895,000
316 Flagstone Dr
Cape Girardeau, MO
4 bd4 ba5,724 sqft$156/ft²
House3.00 acres
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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%
Who lives in Cape Girardeau?
Population
40,047
Median income
$54,870/yr
Median age
34.2 years
Owner-occupied
52.2%
College grads
36.6%
Avg commute
15.8 min
Source: U.S. Census Bureau ACS
What are homes worth in Cape Girardeau?
Zillow home value
$224,404
Zillow rent index
$1,004/mo
Price-to-rent ratio
18.6x
Price-to-income
4.1x
Source: Zillow Research
What is it like to live in Cape Girardeau?
Cape Girardeau is a community of approximately 40K residents with a median age of 34.2 years.The median household income is $54,870, which represents a working-class community with solid middle-income opportunities. 36.6% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 52.2%, showing a blend of owner and renter-occupied properties. The average commute time is 15.8 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Cape Girardeau offers a balanced lifestyle with accessible home values relative to local income levels.
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?
Want a head-to-head view? Compare Cape Girardeau side-by-side with any other U.S. city using our market-comparison tool.
Is Cape Girardeau a good real estate investment market?
For investors evaluating Cape Girardeau, the price-to-rent ratio of 18.6x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 2.6% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Cape Girardeau's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Cape Girardeau's median home price.
Frequently asked questions
What is the average home price in Cape Girardeau?
The median home sale price in Cape Girardeau is $221,500, down 2.6% from last year.
How long do homes stay on market in Cape Girardeau?
Homes typically spend 39 days on market before going under contract.
What is the median income in Cape Girardeau?
The median household income is $54,870 per year.
Is Cape Girardeau a buyer's or seller's market?
With 1.5 months of supply, Cape Girardeau is currently a seller's market.
How many homes are for sale in Cape Girardeau?
There are currently 95 homes listed for sale in Cape Girardeau, MO.
What is the Zillow home value estimate for Cape Girardeau?
The Zillow Home Value Index (ZHVI) for Cape Girardeau is $224,404, representing the typical home value in the area.
What is the median condo price in Cape Girardeau?
The median condo/co-op sale price in Cape Girardeau, MO is $395,000, compared to $221,500 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Cape Girardeau?
The median single-family home price in Cape Girardeau, MO is $221,500 (about $126 per square foot).
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