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 22.6 months of supply. Buyers have more negotiating power and can take time to find the right property.
Comprehensive market data and analysis• Updated Dec 2025
22.6 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | 4 | 11 | 24 |
| 1-2 acres | 5 | 7 | 13 | 15 |
| 2-5 acres | - | 6 | 11 | 14 |
| 5-10 acres | - | 2 | 4 | 6 |
| 10-20 acres | - | - | 1 | 2 |
| 20-50 acres | - | - | 1 | 1 |
| 50-100 acres | - | 1 | 1 | 1 |
| 100+ acres | - | - | - | - |
| TOTAL | 5 | 20 | 42 | 63 |
Cape Girardeau County, Missouri is currently a strong buyer's market with 22.6 months of supply. Buyers have more negotiating power and can take time to find the right property.
Cape Girardeau County, Missouri currently has 22.6 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 4.4% (3-month basis), indicating slow demand. The top-performing broker in this market is Edge Realty.
Over the past 12 months, Cape Girardeau County, Missouri saw 64 properties sold. In just the last 3 months, 20 properties changed hands.
There are currently 151 active listings in Cape Girardeau County, Missouri. 30 new listings have hit the market in the last 90 days. The median asking price is $68K.
Land in Cape Girardeau County, Missouri typically sells within 251 days of listing. The median time on market is 113 days. Properties are moving slowly in the current strong buyer's market.
The 3-month absorption rate in Cape Girardeau County, Missouri is 4.4%. The 12-month rate is 3.5%. 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. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.