Market Intelligence Report — MO-IL-020

Cape Girardeau, MO-IL

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-MO-IL-09
As of the latest 2026 data
Cooling

Median Listing

$265K
-13.9% YoY

Pending Ratio

0.44
-16.0% YoY

Active Inventory

273
+10.3% YoY

Median DOM

54 Days
-11.9% YoY

Primary Intelligence Tool — Sold Score™

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The Cape Girardeau market is categorized as Cooling, with a pending ratio of 0.44 indicating demand absorption is moderating relative to available supply. This is further reflected in a year-over-year median listing price decline of 13.9%.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Job Market

3.0%-0.2 pp YoY

Unemployment rate · Sep 2026

Shows whether local employment conditions are supporting buyer demand.

U.S. Bureau of Labor Statistics via FRED (St. Louis Fed).

Population & Migration

99,215+0.6% YoY

Resident population · Jan 2025

Shows whether the area is gaining or losing potential housing demand.

U.S. Census Bureau via FRED (St. Louis Fed).

Future Housing Supply

Data not yet available.

Shows whether future inventory pressure may increase.

Market Analysis

What's moving the Cape Girardeau market right now.

Inventory levels have expanded, with active listings increasing 10.3% year-over-year, while new listings experienced a modest contraction of 3.6% over the same period. The pending ratio has declined by 16.0% year-over-year, signaling a decreased pace of demand absorption. Median listing prices have notably decreased by 5.3% month-over-month and 13.9% year-over-year, despite a slight year-over-year increase in median $/sqft of 0.7%.

Historical Analysis

Market Trends

Median Price

$265K-5.3% MoM

Active Inventory

273+10.3% YoY

Days on Market

54-11.9% YoY

Sold Score™

65-16.0% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

65
Oct 23Sep 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Oct 23Sep 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Oct 23May 24Dec 24Jul 25Feb 26Sep 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

In this environment, inventory is accumulating, and the pace of transactions has decelerated, indicated by the lower pending ratio. Market dynamics are shifting towards a period where buyers may experience reduced urgency and greater opportunities for price discovery. The current conditions suggest increased pressure on pricing discipline for sellers to facilitate transactions.

Luxury Segment

The average listing price has declined 10.4% year-over-year, and the spread between average and median listing prices remains elevated, suggesting some softness within higher price tiers. However, the median $/sqft for the overall market is modestly increasing year-over-year.

Supply Dynamics

273 active listings represent the current floor, with new supply arriving at roughly 106 per month.

Pricing Pressure
17.4%

of active listings carry a price reduction, +2.3% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +0.7% year-over-year.

Absorption
0.44

Pending-to-active ratio — Cooling.

Recommended For This Market

Cooling

Selling in Cape Girardeau, MO-IL? Homes here are taking 7 days less to sell than last year.

Cape Girardeau, MO-IL is sitting near equilibrium. Preparation, pricing and timing decide whether a listing sells fast or lingers.

Buyer Demand Index
44%
Median Days on Market
54 days
Inventory YoY
+10%

Cape Girardeau, MO-IL is balanced, so preparation decides the outcome. Your Sold Score shows where you stand today.

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Metro Demographics

Metro Area
Cape Girardeau, MO-IL
CBSA Code
16020
State
MO-IL

ZIPs in Cape Girardeau, MO-IL

Sorted by active inventory · click a ZIP for its full report

Analysis FAQ
  • What is the current market condition in Cape Girardeau?+

    As of the latest 2026 data, the Cape Girardeau metro is classified as Cooling. Pending ratio is 0.44 with median days on market at 54.

  • Are home prices dropping in Cape Girardeau?+

    Median listing price is $265K, -13.9% year over year. 17.4% of active listings carry a price reduction.

  • How fast are homes selling in Cape Girardeau?+

    The typical listing sits 54 days on market, a -11.9% change YoY. New listings are arriving at 106 per month.

  • What's happening in the Cape Girardeau luxury market?+

    The average listing price has declined 10.4% year-over-year, and the spread between average and median listing prices remains elevated, suggesting some softness within higher price tiers. However, the median $/sqft for the overall market is modestly increasing year-over-year.

  • Where can I find a trusted Cape Girardeau real estate expert?+

    Primpted maintains a vetted registry of Cape Girardeau agents with verified credentials, Google reviews, and neighborhood specialization. See the Featured Experts section above.

Data & Methodology

Primary data sourced via Realtor.com's RDC Inventory Core Metrics (CBSA-level), supplemented by editorial analysis and the Primpted local expert registry. Historical trends calculated on a rolling 12-month basis. Past direction is not a forecast.

As of the latest 2026 data · CBSA 16020 · 36mo history