Cape Girardeau, MO Foreclosures
How much do homes sell for in Cape Girardeau, MO?
The average home price is currently $249,580.
In Cape Girardeau, MO, how many homes are available?
There are currently 60 active home listings available in Cape Girardeau.
What’s the average rental cost in Cape Girardeau, MO?
The average rental price in Cape Girardeau is $1,156.
What is the most expensive home in Cape Girardeau?
The most expensive home sold in Cape Girardeau had a price of $9,836,376.
What is currently the cheapest priced home in Cape Girardeau, MO?
The cheapest home for sale in Cape Girardeau is priced at $20,096.
Living in Cape Girardeau, MO
Cape Girardeau is a vibrant city located along the Mississippi River in Southeast Missouri. Known for its rich history and beautiful landscapes, the area offers a charming blend of urban amenities and small-town appeal. Residents enjoy a variety of outdoor activities, excellent schools, and a thriving cultural scene that includes galleries, theaters, and local festivals.
Current Market Conditions in Cape Girardeau, MO
Cape Girardeau's real estate market is showing steady growth, with increasing demand for both residential and commercial properties. The combination of a growing population and new developments in the area continues to attract buyers and investors. National trends indicate that interest rates may be influencing buyer choices, however, the local market still sees competitive pricing due to its appealing location and amenities.
As interest rates stabilize, Cape Girardeau is witnessing a slight increase in home values, making it a favorable time for investment. The inventory of available homes has diminished, leading to quicker sales and an increase in bidding wars on desirable properties. Overall, the market remains robust, suggesting continued interest in the area.
Home Value Estimator For Cape Girardeau, MO
There are currently 13,823 real estate properties
in Cape Girardeau, MO,
with a median automated valuation model (AVM) price
of $207,701.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Cape Girardeau, MO, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Cape Girardeau, MO,
is $249,580.00, with the most expensive house
in Cape Girardeau, MO, topping out
at $9,836,376.00 and the cheapest home
in Cape Girardeau, MO,
clocking in at $20,096.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Cape Girardeau, MO!
Rent Prices
In Cape Girardeau, MO
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Cape Girardeau, MO, is on
a rollercoaster ride. The
average rent price in Cape Girardeau, MO,
is $1,156.00. Indeed, when looking to rent in
Cape Girardeau, MO, you can expect to pay as little
as $470.00 or as much
as $3,380.00,
with the average rent median estimated to
be $1,120.00. The good news is that finding
an affordable and desirable property to rent in Cape Girardeau, MO
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
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