Cape Girardeau, MO

Balanced market+43.1% YoY

Housing market overview · Updated weekly

$270,000median sale price

Homes sold

29

Last 12 weeks

Days on market

60

Average pace

Active listings

94

3.2 months supply

Sale-to-list

96.9%

Below asking

The Cape Girardeau housing market is currently classified as a balanced market with a median sale price of $270,000. Prices have risen 43.1% compared to last year, with homes spending an average of 60 days on market, indicating 3.2 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

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Frequently asked questions

What is the average home price in Cape Girardeau?

The median home sale price in Cape Girardeau is $270,000, up 43.1% from last year.

How long do homes stay on market in Cape Girardeau?

Homes typically spend 60 days on market before going under contract.

Is Cape Girardeau a buyer's or seller's market?

With 3.2 months of supply, Cape Girardeau is currently a balanced market.

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