Is Cape Girardeau, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2021
Since last year, Cape Girardeau has remained a Seller's Market.
Key Takeaway
Cape Girardeau is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
How much do homes in Cape Girardeau, MO cost?
Median Sold Price
$162,350
$93/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2021
+$3,150(+2.0%)
Key Takeaway
Homes in Cape Girardeau have sold for 2% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS | Apr 2021 | Apr 2022 | % |
|---|---|---|---|
| 1 Bedroom | $21K | $43K | +104.8% |
| 2 Bedrooms | $98K | $94.9K | -3.2%  |
| 3 Bedrooms | $148K | $164.9K | +11.4% |
| 4 Bedrooms | $204K | $210K | +2.9% |
| 5+ Bedrooms | $335K | $329.9K | -1.5% |
Median Sold Price Compared To Nearby Cities
| % | |
|---|---|
| Scott City | +32.3% |
| Jackson | +18.5% |
| Cape Girardeau Township | +3.7% |
| Cape Girardeau | +2.0% |
| Randol Township | +1.2% |
How many homes are available in Cape Girardeau, MO?
Number of Homes For Sale
| Mar 2022 | Apr 2022 | % |
|---|---|---|
| 139 | 119 | -14.4% |
Homes For Sale By Bedroom Count
| # BEDS | Mar 2022 | Apr 2022 | % |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 22 | 13 | -40.9% |
| 3 Bedrooms | 68 | 57 | -16.2% |
| 4 Bedrooms | 38 | 35 | -7.9% |
| 5+ Bedrooms | 10 | 14 | +40.0%  |
Number of Homes Sold
| Mar 2022 | Apr 2022 | % |
|---|---|---|
| 48 | 24 | -50.0% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Cape Girardeau, you may be able to get a good deal. 45.8% of homes here sold below asking price last month.
Average Sale Time
| Apr 2021 | Apr 2022 | % |
|---|---|---|
| 65 Days | 32 Days | -49.8% |
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Cape Girardeau are selling fast, if you're buying plan to act quickly.
