New Listing
3
$59,000
2006 Bryanna Ct
Morgantown, WV 26588
0 ba
Land35,719 sqft lot
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Sarah Mitchell
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Compass Real Estate · Morgantown, WV
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
Morgantown, WV(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews
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Morgantown, WV Housing Market & Real Estate
Balanced market-13.3% YoY
Housing market overview · Updated monthly ·
$261,378median sale price
How is the Morgantown, WV housing market right now?
The median home sale price in Morgantown, WV is $261,378, down 13.3% year-over-year. Homes sell in an average of 51 days with 82 active listings. The market is currently a balanced 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?
Balanced market2.6 months of supply51 avg. days on market
Morgantown, WV is currently a balanced market, based on 2.6 months of supply and homes selling in about 51 days. How we determine this →
Homes sold
32
Last 12 weeks
Days on market
51
Average pace
Active listings
82
2.6 months supply
Sale-to-list
98.8%
Below asking
What does the Morgantown housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $261,378 |
| Median list price | $274,900 |
| Year-over-year price change | -13.3% |
| Average days on market | 51 days |
| Active inventory | 82 listings |
| Months of supply | 2.6 months |
| Sale-to-list price ratio | 98.8% |
| Median price per sq ft | $163/sq ft |
| Homes sold (latest month) | 32 |
| New listings (latest month) | 35 |
| Listings with a price cut | 15.8% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Morgantown by property type?
How the Morgantown, WV market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $229,900 | $165/sq ft | 23 | 48 days |
| Condo / Co-op | $252,500 | $246/sq ft | 2 | 47 days |
| Townhouse | $289,495 | $166/sq ft | 4 | 67 days |
Source: Redfin · Updated monthly
The Morgantown housing market is currently classified as a balanced market with a median sale price of $261,378. Prices have fallen 13.3% compared to last year, with homes spending an average of 51 days on market, indicating 2.6 months of inventory.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 6.9x provides context for how home values compare to local earning capacity.
Homes for sale in Morgantown
There are currently 82 homes listed for sale in Morgantown, West Virginia. The median listing price is $275K. Featured listings range from $59,000 to $999,999.
New Listing
23
$199,999
1032 Montrose Ave
Morgantown, WV 26505
3 bd1 ba850 sqft$235/ft²
House
View photos & details
New Listing
50
$269,500
1326 Montrose Ave
Morgantown, WV 26505
4 bd3 ba1,880 sqft$143/ft²
House10,019 sqft lot
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New Listing
35
$269,900
102 Stilwell Dr
Morgantown, WV 26505
2 bd3 ba1,654 sqft$163/ft²
Townhouse1,510 sqft lot
View photos & details
New Listing
44
$335,000
615 Mariner Vlg
Morgantown, WV 26508
3 bd4 ba2,655 sqft$126/ft²
Townhouse
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New Listing
49
$364,000
769 Augusta Ave
Morgantown, WV 26501
3 bd3 ba1,750 sqft$208/ft²
House12,197 sqft lot
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New Listing
57
$384,900
2104 Summers School Rd
Morgantown, WV 26508
3 bd2 ba1,590 sqft$242/ft²
House20.68 acres
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New BuildPrice Drop −$5K
22
$439,990
326 Dye Ln
Morgantown, WV 26501
4 bd3 ba2,677 sqft$164/ft²
House
View photos & details
New Build
21
$454,990
334 Dye Ln
Morgantown, WV 26501
4 bd3 ba2,804 sqft$162/ft²
House
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New Listing
22
$490,000
73 David Ln
Morgantown, WV 26505
4 bd3 ba2,437 sqft$201/ft²
House5,227 sqft lot
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New Listing
49
$824,900
1 Mountain Vista Dr
Morgantown, WV 26508
4 bd4 ba4,578 sqft$180/ft²
House5.00 acres
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New Listing
50
$999,999
88 Almost Heaven Way
Morgantown, WV 26508
5 bd8 ba4,876 sqft$205/ft²
House2.01 acres
View photos & details
Looking to buy in Morgantown?
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Active listings
82
Homes on market
Median list price
$275K
Avg. days on market
51
Days until sale
New this week
35
Newly listed
Price drops:15.8%of listings
Sale-to-list:98.8%
Who lives in Morgantown?
Population
30,273
Median income
$42,245/yr
Median age
24 years
Owner-occupied
44.3%
College grads
58.1%
Avg commute
17.3 min
Source: U.S. Census Bureau ACS
What are homes worth in Morgantown?
Zillow home value
$289,582
Zillow rent index
$1,539/mo
Price-to-rent ratio
15.7x
Price-to-income
6.9x
Source: Zillow Research
What is it like to live in Morgantown?
Morgantown is a community of approximately 30K residents with a median age of 24 years.The median household income is $42,245, which represents a working-class community with solid middle-income opportunities. 58.1% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 44.3%, showing a blend of owner and renter-occupied properties. The average commute time is 17.3 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Morgantown offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Morgantown?
17 schools tracked · 10,745 students
The largest public schools serving Morgantown, WV by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Morgantown High School
Grades 9-12 · 1,824 students
University High School
Grades 9-12 · 1,374 students
Cheat Lake Elementary School
Grades PK-5 · 769 students
South Middle School
Grades 6-8 · 768 students
Mountainview Elementary School
Grades PK-5 · 659 students
Eastwood Elementary School
Grades PK-5 · 635 students
Mountaineer Middle School
Grades 6-8 · 600 students
Ridgedale Elementary School
Grades PK-5 · 556 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Morgantown, WV?
Want a head-to-head view? Compare Morgantown side-by-side with any other U.S. city using our market-comparison tool.
Which ZIP codes are in Morgantown?
Is Morgantown a good real estate investment market?
For investors evaluating Morgantown, the price-to-rent ratio of 15.7x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 13.3% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Morgantown's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Morgantown's median home price.
Frequently asked questions
What is the average home price in Morgantown?
The median home sale price in Morgantown is $261,378, down 13.3% from last year.
How long do homes stay on market in Morgantown?
Homes typically spend 51 days on market before going under contract.
What is the median income in Morgantown?
The median household income is $42,245 per year.
Is Morgantown a buyer's or seller's market?
With 2.6 months of supply, Morgantown is currently a balanced market.
How many homes are for sale in Morgantown?
There are currently 82 homes listed for sale in Morgantown, WV.
What is the Zillow home value estimate for Morgantown?
The Zillow Home Value Index (ZHVI) for Morgantown is $289,582, 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, WV is $252,500, compared to $229,900 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, WV is $229,900 (about $165 per square foot).
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