Housing Prices in Morgantown, WV

How much do homes in Morgantown, WV cost?

Median List Price

$339,833

$160/sqft

Based on all homes listed in February 2024.

Difference Since Last Month

-$18,166(-5.1%)

Key Takeaway

The list price of homes in Morgantown has decreased by 5.1% since January.

Summary: The median home list price in Morgantown was $339,833 in February 2024, down 5.1% from the previous month, and the median price per square foot was $160.

Median List Price By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 $130K$122.4K
-5.8%
2 $189.4K$189.9K
0.2%
3 $320K$299.9K
-6.3%
4 $498.6K$475K
-4.7%
5+ $695K$672K
-3.3%

Summary: Morgantown housing prices by bedroom type for February 2024 compared to the previous month: The home price of 1 bedroom homes decreased by 5.8%, 2 bedroom homes increased by 0.2%, 3 bedroom homes decreased by 6.3%, 4 bedroom homes decreased by 4.7%, and 5+ bedroom homes decreased by 3.3%.

Median List Price Compared To Nearby Cities

Central
0.2%
Star City
0.0%
Westover
-1.2%
Morgantown
-5.1%
Eastern
-6.3%

Housing Supply in Morgantown, WV

How many homes are available in Morgantown, WV?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
141255+80.9%

Summary: The Morgantown real estate market had 255 homes for sale in February 2024, a 80.9% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 12
+100.0%
2 1432
+128.6%
3 67112
+67.2%
4 4177
+87.8%
5+ 1832
+77.8%

Summary: The Morgantown housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 128.6%, 3 bedroom homes increased by 67.2%, 4 bedroom homes increased by 87.8%, and 5+ bedroom homes increased by 77.8%.

Days on Market for Morgantown, WV

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

Average Listing Age

Jan 2024Feb 2024CHANGE
109 Days81 Days-25.8%

Summary: Homes in Morgantown had an average listing age of 81 days in Feb 2024, down by 25.8% compared to the previous month.

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

Report Updated 28 Days Ago

Newest Listings in Morgantown, WV

Nearby Markets to Morgantown, WV

What housing markets are near Morgantown, WV?