March 2024

Cape Girardeau Housing Market Report Cape Girardeau County, Missouri

Report Updated 22 Days Ago

Housing Prices in Cape Girardeau, MO

How much do homes in Cape Girardeau, MO cost?

Median List Price

$204,940

$116/sqft

Based on all homes listed in the last 12 months.

Difference Since March 2023

+$5,040(+2.5%)

Key Takeaway

The list price of homes in Cape Girardeau has increased by 2.5% since last year.

Summary: The median home list price in Cape Girardeau was $204,940 in March 2024, up 2.5% from the previous year, and the median price per square foot was $116.

Median List Price By Bedroom Count

# BEDS# BEDROOMS	Mar 2023	Mar 2024	CHANGE
1 Bedroom	$210.4K	$275K	+30.7%
2 Bedrooms	$110K	$115K	+4.5%
3 Bedrooms	$189.9K	$200K	+5.3%
4 Bedrooms	$260K	$292.4K	+12.5%
5+ Bedrooms	$449.9K	$544.9K	+21.1%

Summary: Cape Girardeau housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 30.7%, 2 bedroom homes increased by 4.5%, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes increased by 21.1%.

Median List Price Compared To Nearby Cities

CITY	Mar 2023	Mar 2024	CHANGE
Scott City	$128.4K	$156K	+21.5%
Jackson	$227.9K	$254.2K	+11.6%
Cape Girardeau Township	$199.9K	$205.9K	+3.0%
Cape Girardeau	$199.9K	$204.9K	+2.5%
Randol Township	$421.3K	$347.5K	-17.5%

Housing Supply in Cape Girardeau, MO

How many homes are available in Cape Girardeau, MO?

Number of Homes For Sale

Feb 2024	Mar 2024	CHANGE
150	164	+9.3%

Summary: The Cape Girardeau real estate market had 164 homes for sale in March 2024, a 9.3% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDS# BEDROOMS	Feb 2024	Mar 2024	CHANGE
1 Bedroom	2	2	0.0%
2 Bedrooms	27	31	+14.8%
3 Bedrooms	65	71	+9.2%
4 Bedrooms	36	43	+19.4%
5+ Bedrooms	20	17	-15.0%

Summary: The Cape Girardeau housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 14.8%, 3 bedroom homes increased by 9.2%, 4 bedroom homes increased by 19.4%, and 5+ bedroom homes decreased by 15%.

Days on Market for Cape Girardeau, MO

How long does it take to sell a home in Cape Girardeau, MO?

Average Listing Age

Mar 2023	Mar 2024	CHANGE
110 Days	92 Days	-16.1%

Summary: Homes in Cape Girardeau had an average listing age of 92 days in Mar 2024, down by 16.1% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 22 Days Ago

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Newest Listings in Cape Girardeau, MO

What homes are available in Cape Girardeau, MO?

See More Listings

4 bedrooms, 4 full baths, 2 partial house for sale

$1,395,000

$10,000 Closing Credit

4 Full, 2 Partial

5,654 SqFt

2128 Wood Hollow Ct, Cape Girardeau MO, 63701

Listing Office:

Century 21 Ashland Realty

#24024537

$285,000

$3,384 Closing Credit

1,319 SqFt

2957 Walden Blvd, Cape Girardeau MO, 63701

Listing Office:

Edge Realty

#24024293

$275,000

$3,266 Closing Credit

2,400 SqFt

3009 Melrose Ave, Cape Girardeau MO, 63701

Listing Office:

Edge Realty

#24023928

4 bedrooms, 2 full baths, 1 partial house for sale

$185,000

$2,197 Closing Credit

2 Full, 1 Partial

2,016 SqFt

3102 Aspen Dr, Cape Girardeau MO, 63701

Listing Office:

EXP Realty, LLC

#24024082

Coming Soon

$300,000

$3,563 Closing Credit

605 N Spanish St, Cape Girardeau MO, 63701

Listing Office:

Main Key Realty, LLC

#24024008

$159,900

$1,899 Closing Credit

1,620 SqFt

1520 Price Dr, Cape Girardeau MO, 63701

Listing Office:

Century 21 Ashland Realty

#24023864

$424,900

$5,046 Closing Credit

4,840 SqFt

1707 Brookwood Dr, Cape Girardeau MO, 63701

Listing Office:

Edge Realty

#24023840

3 bedrooms, 2 full baths, 1 partial house for sale

Coming Soon

$260,000

$3,088 Closing Credit

2 Full, 1 Partial

1,180 SqFt

51 Garnet Cpe, Girardeau MO, 63701

Listing Office:

EXP Realty, LLC

#24023801

3 bedrooms, 1 full bath, 1 partial house for sale

$224,900

$2,671 Closing Credit

1 Full, 1 Partial

1,739 SqFt

2620 Jewel Dr, Cape Girardeau MO, 63703

Listing Office:

Edge Realty

#24023532

3 bedrooms, 3 full baths, 1 partial house for sale

$650,000

$7,719 Closing Credit

3 Full, 1 Partial

4,073 SqFt

648 Sylvan Ln, Cape Girardeau MO, 63701

Listing Office:

Paul Kitchen & Associates

#24023416

$342,900

$4,072 Closing Credit

2 Full, 1 Partial

1,953 SqFt

2920 La Mesa Dr, Cape Girardeau MO, 63701

Listing Office:

Edge Realty

#24022830

$145,900

$1,733 Closing Credit

1,600 SqFt

1123 William St, Cape Girardeau MO, 63703

Listing Office:

Paul Kitchen & Associates

#24022714

Nearby Markets to Cape Girardeau, MO

What housing markets are near Cape Girardeau, MO?

MLS Disclaimers and Copyright

Based on information from Mid America Regional Information System for the period 04/01/2022 - 04/01/2024

IDX Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX information is provided exclusively for consumers personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.

Listings courtesy of MARIS MLS as distributed by MLS GRID. Copyright © 2024 Mid America Regional Information System (MARIS). All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/23/2024, 11:23:15 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.