Cape Girardeau County, Missouri Housing Market
In Cape Girardeau County, Missouri, the median home value is $220,700, with a median monthly rent of $881. This places Cape Girardeau County at #1181 nationally out of 3134 counties by median home value, and #22 within Missouri.
📈 Price Trend (2017 → 2024)
📊 Recent Market Momentum (FHFA HPI)
FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $1,053
- Establishments: 2,754
- BLS QCEW, 2025
Housing Supply
- Single-family: 99
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 31,773 (avg $85,645)
- Outflow: 29,932 (avg $86,100)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 6 active ZIP codes in Cape Girardeau County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 63740 | 204.8 | -1.77% | 2025 |
| 2 | 63780 | 241.9 | +5.87% | 2025 |
| 3 | 63755 | 215.0 | +4.81% | 2025 |
| 4 | 63703 | 210.4 | +5.66% | 2025 |
| 5 | 63701 | 209.9 | +6.19% | 2025 |
| 6 | 63769 | 163.8 | -2.34% | 2022 |
Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.
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💰 Mortgage Guide → 🧾 Property Tax Data →How Cape Girardeau County Compares
| Metric | Cape Girardeau County | Missouri Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $220,700 | $175,712 | $227,706 |
| Median Gross Rent | $881 | $782 | $968 |
| Owner Occupancy Rate | 66.8% | 73.7% | 73.3% |
| Price/Rent Ratio | 20.9 | 18.8 | 18.7 |
Market Analysis
The median home value in Cape Girardeau County is 25.6% above the Missouri state average and 3.1% below the U.S. national average. The median rent of $881/month is 12.7% above the state average.
With a price-to-rent ratio of 20.9, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.
Cape Girardeau County has an owner-occupancy rate of 66.8%, compared to 73.7% in Missouri and 73.3% nationally. This indicates a more renter-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Radford city | Virginia | $220,700 | $1,033 |
| Waseca County | Minnesota | $220,800 | $883 |
| Doña Ana County | New Mexico | $220,800 | $934 |
| Fillmore County | Minnesota | $221,100 | $797 |
| Brown County | South Dakota | $221,100 | $777 |
Other Counties in Missouri
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Greene County | $221,300 | $989 | 57.5% |
| Ste. Genevieve County | $222,200 | $780 | 83.0% |
| Maries County | $219,100 | $590 | 78.3% |
| Taney County | $218,800 | $926 | 67.0% |
| Osage County | $223,300 | $639 | 79.4% |
Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).