Housing Prices in Morgantown, WV

How much do homes in Morgantown, WV cost?

Median List Price

$339,500

$161/sqft

Based on all homes listed in November 2023.

Difference Since Last Month

-$29,950(-8.1%)

Key Takeaway

The list price of homes in Morgantown has decreased by 8.1% since October.

Summary: The median home list price in Morgantown was $339,500 in November 2023, down 8.1% from the previous month, and the median price per square foot was $161.

Median List Price By Bedroom Count

# BEDSOct 2023Nov 2023CHANGE
1 $129.9K$109K
-16.1%
2 $195K$192.5K
-1.3%
3 $295K$291.9K
-1.0%
4 $495.2K$472.3K
-4.6%
5+ $664.4K$637K
-4.1%

Summary: Morgantown housing prices by bedroom type for November 2023 compared to the previous month: The home price of 1 bedroom homes decreased by 16.1%, 2 bedroom homes decreased by 1.3%, 3 bedroom homes decreased by 1%, 4 bedroom homes decreased by 4.6%, and 5+ bedroom homes decreased by 4.1%.

Median List Price Compared To Nearby Cities

Central
+6.8%
Westover
-2.7%
Morgantown
-8.1%
Eastern
-9.9%
Star City
-48.1%

Housing Supply in Morgantown, WV

How many homes are available in Morgantown, WV?

Number of Homes For Sale

Oct 2023Nov 2023CHANGE
166260+56.6%

Summary: The Morgantown real estate market had 260 homes for sale in November 2023, a 56.6% increase compared to October 2023.

Homes For Sale By Bedroom Count

# BEDSOct 2023Nov 2023CHANGE
1 13
+200.0%
2 1527
+80.0%
3 72120
+66.7%
4 5876
+31.0%
5+ 2034
+70.0%

Summary: The Morgantown housing inventory by bedroom type for November 2023 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes increased by 80%, 3 bedroom homes increased by 66.7%, 4 bedroom homes increased by 31%, and 5+ bedroom homes increased by 70%.

Days on Market for Morgantown, WV

How long does it take to sell a home in Morgantown, WV?

Average Listing Age

Oct 2023Nov 2023CHANGE
81 Days75 Days-7.3%

Summary: Homes in Morgantown had an average listing age of 75 days in Nov 2023, down by 7.3% compared to the previous month.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 3 Days Ago

Newest Listings in Morgantown, WV

Nearby Markets to Morgantown, WV

What housing markets are near Morgantown, WV?