Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$242,411+4.5% YoY · prices are rising fast
Market right nowBalanced, leaning buyersMore homes for sale than last year, 23% have cut their price
Income needed to buy, per year$52,550About 0.8× the local median income ($66,862): affordable for a typical household
Days on market52 daysFaster than a year ago: sellers have the edge
Next 12 months+3.9%Zillow expects prices to rise slightly
The typical home in Cape Girardeau County, MO is worth $242,411, up 4.5% from a year ago. That is well above what local incomes have historically supported: fair value is about $216,545, so the area is 11.9% overvalued. It is a balanced market, leaning toward buyers: homes take about 52 days to sell, listings are up 29% from a year ago, 23% of listings have had a price cut. Zillow expects prices to rise about 3.9% over the next year. A household needs about $52,550 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $66,862. Typical rent is $1,008 a month, or $1,327 for a house. In the latest IRS figures, 17 more people moved in than out.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$242,411
Change in 1 year
+4.5%
Overvalued %
+11.9%
Show 7 more
Fair home value
$216,545
Change in 5 years
+27.0%
Zillow forecast, next 12 months
+3.9%
Home value to income
3.6×
Monthly mortgage payment (20% down)
$1,314
Income needed to afford it
$52,550
Property tax rate
0.64%
Rent and investing
Typical rent
$1,008
Typical rent for houses
$1,327
Price-to-rent ratio
20.0×
Show 3 more
HUD Fair Market Rent, 2 bedrooms
$1,012
Gross rental yield
4.99%
Cap rate (estimate)
3.24%
Market activity
Listings vs a year ago
+28.6%
Days on market
52
Listings with a price cut
22.6%
Show 3 more
Homes for sale
252
Pending sales per 100 listings
35
Asking price per sq ft
$142
People and jobs
Median household income
$66,862
Population change (1 year)
+0.6%
Unemployment rate
2.3%
Show 4 more
Population
83,999
Income adjusted for cost of living
$77,656
Net moves in (IRS)
+17
Cost of living (US = 100)
86.1
Schools, risk and environment
School rating (1 to 10)
6.2
FEMA hazard risk score (0 to 100)
85.7
Flood risk score
78.1
Show 3 more
Wildfire risk score
32.7
Walkability (1 to 20)
7.0
Road, rail and air noise
54 dB
Questions people ask
Is Cape Girardeau County, MO overvalued?
Home prices in Cape Girardeau County, MO are well above what local incomes have historically supported: fair value is about $216,545, so the area is 11.9% overvalued.
Is Cape Girardeau County, MO a buyer's or seller's market?
Cape Girardeau County, MO is a balanced market, leaning toward buyers: homes take about 52 days to sell, listings are up 29% from a year ago, 23% of listings have had a price cut.
Are home prices going down in Cape Girardeau County, MO?
Home values in Cape Girardeau County, MO are up 4.5% over the last year. Zillow's forecast for the next 12 months is +3.9%.
How much do you need to earn to buy a home in Cape Girardeau County, MO?
A household needs about $52,550 a year to afford the typical home in Cape Girardeau County, MO at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $66,862.