63703 — Cape Girardeau County, Missouri Market Snapshot

Housing market data for zip code 63703 in Cape Girardeau County, Missouri. Updated monthly with median prices, days on market, and more.

Data as of May 2026

Market Sales Data

23 sales in 2026 (year to date)

Source: Redfin

Median Sale Price

$110,000

Closed sales

Days to Sell

46

Median, listing to close

Homes Sold

23

Closed in 2026

Inventory

14

Sale-to-List

96.4%

New Listings

22

Price/SqFt

$95

Pending Sales

26

Conforming Loan Available

Most homebuyers in 63703 can comfortably use conventional financing. The median home price of $110,000 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.

Market Insights

Market Temperature

63703's market is balanced with homes taking an average of 46 days to sell. Buyers have some negotiating room without the pressure of bidding wars.

Sale-to-List Ratio

The average home in 63703 sells for 3.6% below asking price (96.4% sale-to-list), suggesting buyers have negotiating leverage in the current market.

Conforming Loan Feasibility

Most homebuyers in 63703 can comfortably use conventional financing. The median home price of $110,000 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.

Loan limits in 63703 are set at the county level.

2026 Loan Limits — Cape Girardeau County

Property Units Conforming Limit FHA Limit
1 Unit$832,750$541,287
2 Units$1,066,250$693,050
3 Units$1,288,800$837,700
4 Units$1,601,750$1,041,125

Affordability Snapshot — Zip 63703

To purchase the median home at $110,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $993.

Monthly Payment

$993

Income Required

$42,548

Principal & Interest

$678/mo

Down Payment (5%)

$5,500

Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.

Mortgage Calculator

Estimate your monthly payment for a home in 63703.

%
%

Estimated Monthly Payment

$831

Principal & Interest$571
Property Tax$110
Insurance$150
Loan Amount$88,000
Total Interest$117,477
Income Required$35,604/yr

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