Market Intelligence Report — MO-IL-020

Cape Girardeau, MO-IL

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

Ref. No: 2026-MO-IL-08
As of the latest 2026 data
Stabilizing

Median Listing

$280K
-9.7% YoY

Pending Ratio

0.48
-14.8% YoY

Active Inventory

256
+4.5% YoY

Median DOM

50 Days
-2.0% YoY

Primary Intelligence Tool — Sold Score™

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The Cape Girardeau housing market is stabilizing, characterized by a pending ratio of 0.48. While demand absorption remains moderate, the market is exhibiting equilibrium in inventory dynamics and demand trends.

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

4.0%-0.5 pp YoY

Unemployment rate · Jul 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.

Active listings have seen a modest increase of 4.5% over the past year, alongside a substantial 30.8% rise in new listings, indicating a replenishing supply. The median listing price has contracted by 9.7% year-over-year, while the median price per square foot has concurrently risen by 8.4%. The pending ratio has declined by 14.8% over the past year, reflecting a recalibration of demand relative to available inventory.

Historical Analysis

Market Trends

Median Price

$280K-1.8% MoM

Active Inventory

256+4.5% YoY

Days on Market

50-2.0% YoY

Sold Score™

62-14.8% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

62
Sep 23Aug 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Sep 23Aug 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Sep 23Apr 24Nov 24Jun 25Jan 26Aug 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

With a pending ratio of 0.48 and a slight increase in active inventory, the market suggests a more balanced negotiating environment. The pace of transactions is moderate, and both demand absorption and supply introduction are operating without undue pressure, fostering price discipline rather than significant upward or downward shifts.

Luxury Segment

Average listing prices are down 8.4% year-over-year, alongside a median listing price decline of 9.7% and a rising median $/sqft. The elevated spread between average ($345,880) and median ($279,900) listing prices suggests some price softness or slower absorption at higher price points relative to the broader market, though median $/sqft growth indicates general value retention.

Supply Dynamics

256 active listings represent the current floor, with new supply arriving at roughly 136 per month.

Pricing Pressure
21.1%

of active listings carry a price reduction, -0.2% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +8.4% year-over-year.

Absorption
0.48

Pending-to-active ratio — Stabilizing.

Recommended For This Market

Stabilizing

Selling in Cape Girardeau, MO-IL? Buyer Demand Index is running at 48%.

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

Buyer Demand Index
48%
Median Days on Market
50 days
Inventory YoY
+4%

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

    As of the latest 2026 data, the Cape Girardeau metro is classified as Stabilizing. Pending ratio is 0.48 with median days on market at 50.

  • Are home prices dropping in Cape Girardeau?+

    Median listing price is $280K, -9.7% year over year. 21.1% of active listings carry a price reduction.

  • How fast are homes selling in Cape Girardeau?+

    The typical listing sits 50 days on market, a -2.0% change YoY. New listings are arriving at 136 per month.

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

    Average listing prices are down 8.4% year-over-year, alongside a median listing price decline of 9.7% and a rising median $/sqft. The elevated spread between average ($345,880) and median ($279,900) listing prices suggests some price softness or slower absorption at higher price points relative to the broader market, though median $/sqft growth indicates general value retention.

  • 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