The housing market in Morgan, WV County is thriving. The median value of homes in the county is $248,100, which is significantly lower than the national average of $338,100. Despite the lower cost, the 1 year house appreciation rate for Morgan County is 8.38%, higher than the US average of 8.27%. This suggests that housing in Morgan County is becoming increasingly valuable and a great investment opportunity for prospective home buyers looking for a great deal.
The median home cost in Morgan County is $248,100. Home appreciation the last 10 years has been 87.1%. Home Appreciation in Morgan County is up 15.9%.
Average Age of Homes
- The median age of Morgan County real estate is 29 years old
The Rental Market in Morgan County
- Renters make up 25.5% of the Morgan County population
- 0.9% of houses and apartments in Morgan County, 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.