Cape Girardeau, Missouri Real Estate Market Analysis

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Cape Girardeau, Missouri

3 ZIPs in this city:63701 63702 63703

Market Hotness

Hotness Rank

Hotness Score

Supply Score

Demand Score

DOM vs US

-26.3%

Faster

Price vs US

50%

Below avg

Median Listing Price

$294K

Population

47,546

Households

19,389

Median Days on Market

Active Listings

117

New Listings

Housing Market

Pricing

Median Listing Price

$294K-14.1% YoY

Average Listing Price

$373K-6.4% YoY

Price per Sq Ft

$143.521+3.4% YoY

Median Sq Ft

2,063-9.9% YoY

Inventory

Active Listings

117-14.0% YoY

New Listings

76+2.7% YoY

Total Listings

181-14.2% YoY

Buyer Competition

Pending Listings

65-4.4% YoY

Pending Ratio

0.55+9.5% YoY

Median Days on Market

37-26.2% YoY

Price Reduced

12.5%+8.2% YoY

Units & Occupancy

2024 Occupancy

36Kunits

Occupied32,45489.9%
Vacant3,63210.1%

2024 Tenure

32Koccupied

Owner21,66666.8%
Renter10,78833.2%

Renter Share

33.2%-2.4% YoY

Total Housing Units

36,086+0.5% YoY

FY2026 Fair Market Rent — Cape Girardeau County

HUD government estimate (40th percentile) — not actual market asking rent.

Studio

$763

/month

1 BR

$807

/month

2 BR

$992

/month

3 BR

$1,380

/month

4 BR

$1,664

/month

FMR Trends — Cape Girardeau County

Source: HUD Fair Market Rents

ZIP Profile

U.S. Census ACS characteristics rolled up across the ZIP Code Tabulation Areas in this area, not the parent county.

Population & Age

Total Population

47,546+0.5% YoY

2024 Age Mix

48Kresidents

Under 188,66018.2%
Adults 18–6429,72562.5%
65 & Over9,16119.3%

Age Composition Over Time2019–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Median Age

35.650.0% YoY

Population Under 18

8,660+2.1% YoY

Population 65 & Over

9,161+3.9% YoY

Households & Mobility

Total Households

19,389-1.1% YoY

Household Types

--Not reported for this area (ACS).

Avg Household Size

2.29+2.1% YoY

2024 Residential Mobility

of residents

Same house80.7%
Moved (within US)19.1%
Other0.2%

Veterans

6.6%+2.4% YoY

Income & Poverty

Median Household Income

$62K-0.4% YoY

Per-Capita Income

$35K-0.9% YoY

Mean Household Income

$83K+0.8% YoY

Below Poverty Level

19.2%+0.5% YoY

Commuting

2024 Commute Mode

of workers

Drove alone79.8%
Public transit0.4%
Worked from home7.7%
Other12.1%

Worked From Home

7.7%+14.7% YoY

Mean Commute

16.41-0.7% YoY

Units & Tenure

Total Housing Units

22,128+0.5% YoY

2024 Occupancy

22Kunits

Occupied19,38987.6%
Vacant2,73912.4%

2024 Tenure

19Khouseholds

Owner11,20157.8%
Renter8,18842.2%

Avg Household Size — Owner

2.36+1.7% YoY

Avg Household Size — Renter

2.18+1.3% YoY

County Demographics

Median Age

37.12024

Population

Cape Girardeau County Population

83,658+0.7% YoY

Households

Total Households

32,454-0.3% YoY

Household Types

--Not reported for this area (ACS).

Avg Household Size

2.44+1.2% YoY

Age

2024 Age Mix

83Kresidents

Under 1817,65721.3%
Adults 18–6450,31260.8%
65 & Over14,76617.8%

Age Composition Over Time2017–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Population Under 18

17,657+0.1% YoY

Population 65 & Over

14,766+4.2% YoY

Median Age

37.10+0.3% YoY

Mobility & Veterans

2024 Residential Mobility

of residents

Same house84.7%
Moved (within US)15.1%
Other0.2%

Veterans

6.5%-4.4% YoY

County Economy

Income

Median Household Income

$68K-0.7% YoY

Per-Capita Income

$36K-0.3% YoY

Mean Household Income

$89K+0.4% YoY

Poverty

Below Poverty Level

13.9%-1.4% YoY

Transportation to Work

2024 Commute Mode

of workers

Drove alone80.7%
Public transit0.2%
Worked from home9.0%
Other10.1%

Worked From Home

9.0%+12.5% YoY

Mean Commute

19.500.0% YoY

Cape Girardeau, Missouri

3 ZIPs in this city:63701 63702 63703

Market Hotness

Hotness Rank

Hotness Score

Supply Score

Demand Score

DOM vs US

-26.3%

Faster

Price vs US

50%

Below avg

Median Listing Price

$294K

Population

47,546

Households

19,389

Median Days on Market

Active Listings

117

New Listings

Housing Market

Pricing

Median Listing Price

$294K-14.1% YoY

Average Listing Price

$373K-6.4% YoY

Price per Sq Ft

$143.521+3.4% YoY

Median Sq Ft

2,063-9.9% YoY

Inventory

Active Listings

117-14.0% YoY

New Listings

76+2.7% YoY

Total Listings

181-14.2% YoY

Buyer Competition

Pending Listings

65-4.4% YoY

Pending Ratio

0.55+9.5% YoY

Median Days on Market

37-26.2% YoY

Price Reduced

12.5%+8.2% YoY

Units & Occupancy

2024 Occupancy

36Kunits

Occupied32,45489.9%
Vacant3,63210.1%

2024 Tenure

32Koccupied

Owner21,66666.8%
Renter10,78833.2%

Renter Share

33.2%-2.4% YoY

Total Housing Units

36,086+0.5% YoY

FY2026 Fair Market Rent — Cape Girardeau County

HUD government estimate (40th percentile) — not actual market asking rent.

Studio

$763

/month

1 BR

$807

/month

2 BR

$992

/month

3 BR

$1,380

/month

4 BR

$1,664

/month

FMR Trends — Cape Girardeau County

Source: HUD Fair Market Rents

ZIP Profile

U.S. Census ACS characteristics rolled up across the ZIP Code Tabulation Areas in this area, not the parent county.

Population & Age

Total Population

47,546+0.5% YoY

2024 Age Mix

48Kresidents

Under 188,66018.2%
Adults 18–6429,72562.5%
65 & Over9,16119.3%

Age Composition Over Time2019–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Median Age

35.650.0% YoY

Population Under 18

8,660+2.1% YoY

Population 65 & Over

9,161+3.9% YoY

Households & Mobility

Total Households

19,389-1.1% YoY

Household Types

--Not reported for this area (ACS).

Avg Household Size

2.29+2.1% YoY

2024 Residential Mobility

of residents

Same house80.7%
Moved (within US)19.1%
Other0.2%

Veterans

6.6%+2.4% YoY

Income & Poverty

Median Household Income

$62K-0.4% YoY

Per-Capita Income

$35K-0.9% YoY

Mean Household Income

$83K+0.8% YoY

Below Poverty Level

19.2%+0.5% YoY

Commuting

2024 Commute Mode

of workers

Drove alone79.8%
Public transit0.4%
Worked from home7.7%
Other12.1%

Worked From Home

7.7%+14.7% YoY

Mean Commute

16.41-0.7% YoY

Units & Tenure

Total Housing Units

22,128+0.5% YoY

2024 Occupancy

22Kunits

Occupied19,38987.6%
Vacant2,73912.4%

2024 Tenure

19Khouseholds

Owner11,20157.8%
Renter8,18842.2%

Avg Household Size — Owner

2.36+1.7% YoY

Avg Household Size — Renter

2.18+1.3% YoY

County Demographics

Median Age

37.12024

Population

Cape Girardeau County Population

83,658+0.7% YoY

Households

Total Households

32,454-0.3% YoY

Household Types

--Not reported for this area (ACS).

Avg Household Size

2.44+1.2% YoY

Age

2024 Age Mix

83Kresidents

Under 1817,65721.3%
Adults 18–6450,31260.8%
65 & Over14,76617.8%

Age Composition Over Time2017–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Population Under 18

17,657+0.1% YoY

Population 65 & Over

14,766+4.2% YoY

Median Age

37.10+0.3% YoY

Mobility & Veterans

2024 Residential Mobility

of residents

Same house84.7%
Moved (within US)15.1%
Other0.2%

Veterans

6.5%-4.4% YoY

County Economy

Income

Median Household Income

$68K-0.7% YoY

Per-Capita Income

$36K-0.3% YoY

Mean Household Income

$89K+0.4% YoY

Poverty

Below Poverty Level

13.9%-1.4% YoY

Transportation to Work

2024 Commute Mode

of workers

Drove alone80.7%
Public transit0.2%
Worked from home9.0%
Other10.1%

Worked From Home

9.0%+12.5% YoY

Mean Commute

19.500.0% YoY