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Featured local agent — Morgantown, PA

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Sarah Mitchell

CNESRESABR

Compass Real Estate · Morgantown, PA

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Morgantown, PA(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Morgantown, PA Housing Market & Real Estate

Seller's market+2.1% YoY

Housing market overview · Updated monthly ·

$345,450median sale price

How is the Morgantown, PA housing market right now?

The median home sale price in Morgantown, PA is $345,450, up 2.1% year-over-year. Homes sell in an average of 3 days. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Morgantown a buyer's or seller's market?

Seller's market3 avg. days on market

Morgantown, PA is currently a seller's market and homes selling in about 3 days. How we determine this →

Homes sold

4

Last 12 weeks

Days on market

3

Fast-moving

Active listings

Sale-to-list

101.6%

Above asking

What does the Morgantown housing market data show?

Current housing market statistics for Morgantown, PA
MetricValue
Median sale price$345,450
Median list price$330,000
Year-over-year price change+2.1%
Average days on market3 days
Sale-to-list price ratio101.6%
Median price per sq ft$185/sq ft
Homes sold (latest month)4
New listings (latest month)1
Market conditionSeller's market

Source: Redfin · Updated monthly

How much do homes cost in Morgantown by property type?

How the Morgantown, PA market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Morgantown, PA
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$307,000$286/sq ft13 days
Condo / Co-op$204,995$205/sq ft122 days
Townhouse$371,000$164/sq ft32 days

Source: Redfin · Updated monthly

The Morgantown housing market is currently classified as a seller's market with a median sale price of $345,450. Prices have risen 2.1% compared to last year, with homes spending an average of 3 days on market.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 5.9x provides context for how home values compare to local earning capacity.

Homes for sale in Morgantown

Explore homes currently listed for sale in Morgantown, Pennsylvania across major real estate platforms.

Sale-to-list:101.6%

Who lives in Morgantown?

Population

1,340

Median income

$76,673/yr

Median age

42.1 years

Owner-occupied

76.0%

College grads

31.8%

Avg commute

32.2 min

Source: U.S. Census Bureau ACS

What are homes worth in Morgantown?

Zillow home value

$449,640

Price-to-income

5.9x

Source: Zillow Research

What is it like to live in Morgantown?

Morgantown is a community of approximately 1K residents with a median age of 42.1 years.The median household income is $76,673, which reflects a relatively affluent area with strong earning potential. 31.8% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.

Homeownership rates are at 76.0%, reflecting strong community stability and long-term resident commitment. The average commute time is 32.2 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Morgantown offers a balanced lifestyle with accessible home values relative to local income levels.

Which cities are near Morgantown, PA?

Want a head-to-head view? Compare Morgantown side-by-side with any other U.S. city using our market-comparison tool.

Frequently asked questions

What is the average home price in Morgantown?

The median home sale price in Morgantown is $345,450, up 2.1% from last year.

How long do homes stay on market in Morgantown?

Homes typically spend 3 days on market before going under contract.

What is the median income in Morgantown?

The median household income is $76,673 per year.

What is the Zillow home value estimate for Morgantown?

The Zillow Home Value Index (ZHVI) for Morgantown is $449,640, representing the typical home value in the area.

What is the median condo price in Morgantown?

The median condo/co-op sale price in Morgantown, PA is $204,995, compared to $307,000 for a single-family home, based on the latest Redfin data.

How much does a single-family home cost in Morgantown?

The median single-family home price in Morgantown, PA is $307,000 (about $286 per square foot).

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