Housing Prices in Morgantown, WV

How much do homes in Morgantown, WV cost?

Median List Price

$343,500

$164/sqft

Based on all homes listed in March 2024.

Difference Since Last Month

-$16,500(-4.6%)

Key Takeaway

The list price of homes in Morgantown has decreased by 4.6% since February.

Summary: The median home list price in Morgantown was $343,500 in March 2024, down 4.6% from the previous month, and the median price per square foot was $164.

Median List Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 $114.9K$148.9K
+29.6%
2 $164.9K$192.5K
+16.7%
3 $317K$309.9K
-2.2%
4 $472.3K$501.8K
+6.2%
5+ $667.4K$722.5K
+8.2%

Summary: Morgantown housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes increased by 29.6%, 2 bedroom homes increased by 16.7%, 3 bedroom homes decreased by 2.2%, 4 bedroom homes increased by 6.2%, and 5+ bedroom homes increased by 8.2%.

Median List Price Compared To Nearby Cities

Star City
+33.5%
Westover
+7.6%
Morgantown
-4.6%
Central
-6.0%
Eastern
-17.1%

Housing Supply in Morgantown, WV

How many homes are available in Morgantown, WV?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
147298+102.7%

Summary: The Morgantown real estate market had 298 homes for sale in March 2024, a 102.7% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 12
+100.0%
2 1938
+100.0%
3 55130
+136.4%
4 4894
+95.8%
5+ 2434
+41.7%

Summary: The Morgantown housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 136.4%, 4 bedroom homes increased by 95.8%, and 5+ bedroom homes increased by 41.7%.

Days on Market for Morgantown, WV

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

Average Listing Age

Feb 2024Mar 2024CHANGE
109 Days76 Days-30.1%

Summary: Homes in Morgantown had an average listing age of 76 days in Mar 2024, down by 30.1% compared to the previous month.

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

Report Updated 24 Days Ago

Newest Listings in Morgantown, WV

Nearby Markets to Morgantown, WV

What housing markets are near Morgantown, WV?