Morgantown, PA has a median housing value of $246,400, which is lower than the national US average of $338,100. Moreover, Morgantown has seen a higher appreciation rate for housing in the past year at 12.85%, compared to the national average of 8.27%. This makes Morgantown an attractive option for potential home buyers looking for an affordable place to purchase property and enjoy a higher return on their investment.
The median home cost in Morgantown is $246,400. Home appreciation the last 10 years has been 63.6%. Home Appreciation in Morgantown is up 14.7%.
Average Age of Homes
- The median age of Morgantown real estate is 52 years old
The Rental Market in Morgantown
- Renters make up 39.5% of the Morgantown population
- 0.0% of houses and apartments in Morgantown, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.