Zip 26501 (Morgantown, WV) Housing

Morgantown, WV has seen an impressive jump in its housing median value over the past year. The housing median value stands at $186,200, which is significantly lower than the US housing median value of $338,100. However, despite this disparity in values, Morgantown properties are experiencing a far greater appreciation rate than the nation as a whole—19.23% compared to the US 1 year house appreciation rate of 8.27%. This rapid increase in property values indicates a promising outlook for the real estate market in Morgantown and suggests that potentials buyers may want to consider investing sooner rather than later.

The median home cost in Morgantown (zip 26501) is $186,200. Home appreciation the last 10 years has been 50.2%. Home Appreciation in Morgantown (zip 26501) is up 12.4%.

Average Age of Homes

- The median age of Morgantown (zip 26501) real estate is 53 years old

The Rental Market in Morgantown (zip 26501)

- Renters make up 30.8% of the Morgantown (zip 26501) population
- 2.4% of houses and apartments in Morgantown (zip 26501), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Morgantown, West Virginia	United States
	9,633.0	139,647,020.0
	57	42
	$186,200	$338,100
	12.4%	16.6%
	30.0%	57.0%
	50.2%	101.1%
	$4.87	$10.98
	$892	$2,690
	52.6%	57.4%
	8.2%	11.2%
	39.3%	31.4%
Vacant Housing
	2.4%	1.9%
	0.0%	0.4%
	0.9%	0.7%
	0.0%	0.4%
	0.8%	3.6%
	4.1%	4.1%
Value of Owner-Occupied Housing
	3.8%	2.6%
	1.4%	2.4%
	2.6%	2.8%
	4.9%	3.9%
	3.7%	4.5%
	14.7%	11.3%
	26.3%	13.0%
	27.1%	20.1%
	8.7%	13.6%
	3.0%	8.3%
	2.9%	9.7%
	0.0%	3.9%
	0.6%	2.2%
	0.0%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	6.2%	13.6%
	6.2%	13.6%
	9.3%	13.6%
	9.4%	13.2%
	11.3%	14.8%
	9.3%	13.6%
	13.8%	10.0%
	10.6%	4.7%
	23.4%	12.2%