42Alpha

Cape Girardeau County, MO Housing Market Brief

county · MO · score computed October 2026

Balanced

What is Cape Girardeau County, MO’s Alpha Score?

The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.

Price Momentum20%
●65
Inventory Health25%
●18

Population band 4 of 5 (population 39,232–102,612) · comparable within its band

Affordability20%
●38
Economic Strength20%
●61
Rental Yield15%
●30

Where is Cape Girardeau County, MO in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Cape Girardeau County, MO is classified as Declining — cooling, with scores declining over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.

What’s the forecast for Cape Girardeau County, MO?

County-level forecasts are paused (since Oct 18, 2026). The new public-data model we built to replace them didn't pass our accuracy test, and we won't publish forecasts again until a model does.

Cape Girardeau County, MO housing market data

MetricValueYoYSource
Median Sale Price$237K▼ -10.4%Redfin
Median Days on Market35 days▼ -18.6%Redfin
Months of Supply3.6▲ +50%Redfin
Homes for Sale281▲ +16.6%Redfin
Homes Sold77▼ -23%Redfin
Median Price / Sq Ft$137▲ +4.5%Redfin

How has Cape Girardeau County, MO’s Alpha Score moved?

Now: 42
2-period trend
Median sale price · 12 mo

Markets like Cape Girardeau County, MO

Frequently asked questions

Is Cape Girardeau County, MO a buyer's or seller's market?

In the scores computed October 2026, Cape Girardeau County, MO is classified as a Balanced Market, based on its Alpha Score of 42 out of 100. The classification reflects current price, building, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Cape Girardeau County, MO?

The median sale price in Cape Girardeau County, MO is $237K, having fallen 10.4% over the past year, according to Redfin.

How affordable is Cape Girardeau County, MO?

Cape Girardeau County, MO scores 38 out of 100 on affordability — relatively unaffordable relative to local incomes and prevailing mortgage rates compared with other counties.

What's driving Cape Girardeau County, MO's Alpha Score?

Cape Girardeau County, MO's strongest dimension is Price Momentum (65/100) and its weakest is Inventory Health (18/100). The Alpha Score is a weighted blend of all five dimensions.

Want the live, interactive view of Cape Girardeau County, MO? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.