Zip 26508 (Morgantown, WV) Housing

The housing market in 26508 Morgantown, WV is booming with a median home value of $289,800, far exceeding the US median housing value of $338,100. This is also coupled with an impressive one year appreciation rate of 19.23%, well above the national average of 8.27%. With strong appreciation and high median values, Morgantown’s housing market is an attractive option for potential buyers looking for a good investment opportunity.

The median home cost in Morgantown (zip 26508) is $289,800. Home appreciation the last 10 years has been 50.2%. Home Appreciation in Morgantown (zip 26508) is up 12.4%.

Average Age of Homes

- The median age of Morgantown (zip 26508) real estate is 23 years old

The Rental Market in Morgantown (zip 26508)

- Renters make up 21.5% of the Morgantown (zip 26508) population
- 1.4% of houses and apartments in Morgantown (zip 26508), 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
	16,339.0	139,647,020.0
	25	42
	$289,800	$338,100
	12.4%	16.6%
	30.0%	57.0%
	50.2%	101.1%
	$4.91	$10.98
	$1,240	$2,690
	70.0%	57.4%
	7.0%	11.2%
	23.0%	31.4%
Vacant Housing
	1.4%	1.9%
	0.3%	0.4%
	0.5%	0.7%
	0.2%	0.4%
	1.6%	3.6%
	3.0%	4.1%
Value of Owner-Occupied Housing
	5.6%	2.6%
	3.3%	2.4%
	2.7%	2.8%
	2.2%	3.9%
	2.9%	4.5%
	5.4%	11.3%
	13.1%	13.0%
	27.9%	20.1%
	14.2%	13.6%
	10.9%	8.3%
	8.1%	9.7%
	2.6%	3.9%
	0.3%	2.2%
	0.5%	0.8%
	0.3%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	23.6%	13.6%
	23.6%	13.6%
	20.8%	13.6%
	12.1%	13.2%
	13.0%	14.8%
	20.8%	13.6%
	3.8%	10.0%
	2.1%	4.7%
	4.7%	12.2%

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