Are home prices going up or down in Cape Girardeau, MO?
In Cape Girardeau, MO, the typical home sold for $240,000 during May 2026. That is 2% lower than the same stretch a year ago, so prices are down.
Over the last 36 months the typical sale price in Cape Girardeau, MO went from $209,000 to $240,000 — up 15%.
The high point was $277,450, reached in November 2025. Today's typical sale is 13% below that.
Measured by size, homes in Cape Girardeau, MO are selling for about $134 per square foot. Price per square foot is the fairer comparison when the mix of what sells shifts from month to month — a run of big houses can push the typical price up without anything actually getting more expensive.
Source: Redfin's published market data for the Cape Girardeau, MO area, through May 2026.
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More about the Cape Girardeau, MO market
- When is the best month to sell a house in Cape Girardeau, MO?
- How long does it take to sell a house in Cape Girardeau, MO?
- Do homes sell above asking price in Cape Girardeau, MO?
- Is Cape Girardeau, MO a buyer's market or a seller's market?
- How many homes are for sale in Cape Girardeau, MO?
- All Cape Girardeau, MO housing numbers
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Figures come from Redfin's published market data for the Cape Girardeau, MO area, through May 2026. Neighborhood Numbers is an independent data publisher and is not affiliated with Redfin. We update these pages when Redfin publishes, once a month.