60Alpha

Cape Girardeau, MO metro area Housing Market Brief

metro · MO · as of August 2026

Balanced

What is Cape Girardeau, MO metro area’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%
+18.760
Inventory Health25%
+0.660
Affordability20%
-10.461
Economic Strength20%
68
Rental Yield15%
-10.244

Where is Cape Girardeau, MO metro area in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Cape Girardeau, MO metro area is classified as Mature holding near a healthy peak. This is a classification of recent (1–12 month) momentum, not a price forecast.

What’s the forecast for Cape Girardeau, MO metro area?

Our model forecasts Cape Girardeau, MO metro area’s home prices to rise about 13.4% over the next 12 months (medium confidence).

This is a separate, forward-looking view — not the cycle classification above. See how past forecasts performed on the track record, or the full local forecast with its confidence range on the market page.

Cape Girardeau, MO metro area housing market data

MetricValueYoY
Median Sale Price$268K▲ +0.7%
Median Days on Market53 days▲ +8.2%
Months of Supply2.80%
Homes for Sale279-5.7%
Homes Sold105-4.5%
Median Price / Sq Ft$132▲ +2.7%

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

Now: 60
12-period trend
Median sale price · 12 mo

Markets like Cape Girardeau, MO metro area

Frequently asked questions

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

As of August 2026, Cape Girardeau, MO metro area is classified as a Balanced Market, based on its Alpha Score of 60 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.

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

The median sale price in Cape Girardeau, MO metro area is $268K, having risen 0.7% over the past year.

How affordable is Cape Girardeau, MO metro area?

Cape Girardeau, MO metro area scores 61 out of 100 on affordability — relatively affordable relative to local incomes and prevailing mortgage rates compared with other metros.

What's driving Cape Girardeau, MO metro area's Alpha Score?

Cape Girardeau, MO metro area's strongest dimension is Economic Strength (68/100) and its weakest is Rental Yield (44/100). The Alpha Score is a weighted blend of all five dimensions.

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