Cape Girardeau County, Missouri home prices
Typical home $242,411 · +4.5% in a year · property tax 0.64%
The typical home in Cape Girardeau County is worth $242,411, 9% less than the Missouri typical home ($265,387). Values changed +4.5% in the past year and +27.0% over five years. Homeowners here pay a median 0.64% of their home's value in property tax each year ($1,561 on the typical home), versus 0.79% statewide.
Mortgage on the typical Cape Girardeau County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $48,482 | $193,929 | $1,305 | $0 | $251 | $1,556 | $66,700 |
| 10% down | $24,241 | $218,170 | $1,468 | $91 | $251 | $1,810 | $77,600 |
| 5% down | $12,121 | $230,290 | $1,549 | $96 | $251 | $1,896 | $81,300 |
| 3.5% down (FHA) | $8,484 | $238,020 | $1,601 | $107 | $251 | $1,960 | $84,000 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.64% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
What it takes: see what you can afford by salary in Missouri · part of the Cape Girardeau metro area.
Missouri counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Cooper County | $242,786 | +3.9% | 0.66% |
| Barry County | $242,990 | +3.9% | 0.53% |
| Moniteau County | $241,712 | +4.7% | 0.68% |
| Newton County | $244,970 | +4.6% | 0.63% |
| Douglas County | $239,433 | +7.2% | 0.44% |
| Taney County | $245,474 | -0.6% | 0.55% |
| Dallas County | $239,061 | +7.1% | 0.4% |
| Caldwell County | $246,003 | +3.5% | 0.8% |
| Maries County | $247,200 | +9.0% | 0.51% |
| Laclede County | $237,472 | +5.3% | 0.6% |
Frequently asked questions
What is the average home price in Cape Girardeau County, MO?
The typical home value in Cape Girardeau County is $242,411 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Cape Girardeau County?
About $66,700 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Cape Girardeau County?
The median effective rate is 0.64% of home value a year (Census ACS 2024 5-year estimates).