Is now a good time to buy land in Cape Girardeau County, Missouri?
Cape Girardeau County, Missouri is currently a strong buyer's market with 33.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
Comprehensive market data and analysis• Updated Oct 2026
33.0 months of supply
High inventory favors buyers with more choices and negotiating power.
Missouri does not make land sale prices public, so sold prices are not shown here. Sales counts, days on market and months of supply are still real.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 1 | 6 | 14 | 26 |
| 1-2 acres | 1 | 2 | 7 | 15 |
| 2-5 acres | 2 | 3 | 8 | 16 |
| 5-10 acres | - | 1 | 3 | 4 |
| 10-20 acres | - | 1 | 3 | 5 |
| 20-50 acres | - | - | 4 | 5 |
| 50-100 acres | - | - | - | 2 |
| 100+ acres | - | - | - | - |
| TOTAL | 4 | 13 | 39 | 73 |
Cape Girardeau County, Missouri is currently a strong buyer's market with 33.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
Cape Girardeau County, Missouri currently has 33.0 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
The current absorption rate in Cape Girardeau County, Missouri is 3.0% (3-month basis), indicating slow demand. The top-performing broker in this market is EDGE Realty ERA Powered.
Over the past 12 months, Cape Girardeau County, Missouri saw 76 properties sold. In just the last 3 months, 14 properties changed hands.
There are currently 154 active listings in Cape Girardeau County, Missouri. 49 new listings have hit the market in the last 90 days. The median asking price is $70K.
Land in Cape Girardeau County, Missouri typically sells within 260 days of listing. The median time on market is 91 days. Properties are moving slowly in the current strong buyer's market.
The 3-month absorption rate in Cape Girardeau County, Missouri is 3.0%. The 12-month rate is 4.1%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity, and some transactions are reported late. The date at the top of the page is the report date. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
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