Cape Girardeau housing market
Typical home value
$226K
▲ 4.3% 1 yr
Typical rent
$1,013/mo
▲ 3.6% 1 yr
12-month forecast
+3.9%
#60 of 546 metros
Gross rent yield
5.4%
#359 of 546 · U.S. 6.3%
Days to pending
46 days
▼ −3 days 1 yr
Listings with a price cut
23%
▲ +1.3 pts 1 yr
Key takeaways
- 1The typical home is worth $225,700, up 4.3% in a year and up 25% over five years.
- 2Zillow forecasts home values rising 3.9% over the next 12 months (U.S.: +1.1%).
- 3Typical rent is $1,013/mo (+3.6% YoY), a 5.4% gross yield, below the U.S. 6.3%.
- 4At 7.32% with 20% down, the typical home costs $1,240/mo in principal and interest, $227 more than renting.
- 5Homes go under contract in 46 days (−3 days vs last year); 23% of listings have had a price cut.
Market temperature
Neutral market
Buyer'sNeutralSeller's
Zillow Market Heat Index: 50/100, #144 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.
Home values and rent
How fast homes are selling
For saleNew listings
Affordability
To buy (20% down)To rent
Source: Zillow Research (ZHVI, ZORI and market activity data).
How Cape Girardeau compares
| Measure | Cape Girardeau | United States | Rank of 546 |
|---|---|---|---|
| Home value, 1-yr change | +4.3% | +1.2% | #108 |
| Home value, 5-yr change | +25.1% | +19.7% | |
| 12-month forecast | +3.9% | +1.1% | #60 |
| Rent, 1-yr change | +3.6% | +2.7% | #242 |
| Gross rent yield | 5.4% | 6.3% | #359 |
| Price-to-rent ratio | 18.6 | 15.8 | |
| Mortgage P&I on typical home | $1,240 | $2,012 | |
| Income needed to buy | $62,279 | $100,902 | |
| Days to pending | 46 | 56 |
Cities in the Cape Girardeau metro
1 cities with home value and rent data.
| Cape Girardeau | $219K | ▲ 4.4% | $944 | ▲ 4.5% | 5.2% |
Run the numbers
Rental property calculator
Cash flow on a typical Cape Girardeau rental ($226K, $1,013/mo), pre-filled.
Mortgage calculator
Monthly payment on a typical Cape Girardeau home.
Rent vs buy
Is it cheaper to rent or buy in Cape Girardeau?
Other Missouri metros
St. Louis, MO
$273K home$1,427 rent6.3% yield
▲ 3.3% 1 yr
Kansas City, MO
$325K home$1,534 rent5.7% yield
▲ 3.7% 1 yr
Springfield, MO
$271K home$1,251 rent5.5% yield
▲ 3.2% 1 yr
Columbia, MO
$319K home$1,457 rent5.5% yield
▲ 2.7% 1 yr
Joplin, MO
$227K home$1,242 rent6.6% yield
▲ 2.6% 1 yr
Jefferson City, MO
$275K home$1,010 rent4.4% yield
▲ 7.1% 1 yr
St. Joseph, MO
$212K home$1,004 rent5.7% yield
▲ 4.9% 1 yr
Branson, MO
$246K home$1,344 rent6.6% yield
▼ 0.6% 1 yr
Gross yield = 12 × typical rent ÷ typical home value, before expenses. Mortgage estimate: 20% down, 30-year fixed at the current Freddie Mac average, principal and interest only. Forecast: Zillow Home Value Forecast. Data refreshed Oct 26, 2026.