Morgantown is located in West Virginia. Morgantown Real Estate Market. single family home located at 108 Falling Water Lndg Mo… Based on the housing stock, population density, and the proximity of amenities of the area. Other types of housing that are prevalent in Morgantown include large apartment complexes or high rise apartments ( 28.48%), duplexes, homes converted to apartments or other small apartment buildings ( 18.20%), and a few mobile homes or trailers ( 2.65%). Morgantown Housing Market Information. Real Estate in Morgantown, WV. Other US patent applications are currently pending. Morgantown, WV Real Estate Trends. In this example, the neighborhood is amount exceeds the conforming loan limit. Morgantown, West Virginia real estate market statistics are calculated by Movoto every day from various sources so that you can stay up-to-date with trends in the Morgantown homes for sale market. One very important thing to keep in mind is that these are average appreciation rates for the city. Approximately 33.87% of Morgantown homes are owned, compared to 47.5% rented, while 18.64% are vacant. 629 Afton St , Morgantown, WV 26505-4749 is a single-family home listed for-sale at $115,000. Exclusive trends, forecasts and reports for every address. Niche requires Javascript to work correctly. $42,500 Est. Our data are built upon single-family properties whose mortgages have been purchased or securitized Commercial properties are also available. exceed the conforming loan limit, a figure linked to an index published by median house values in each neighborhood, and combine data from the United For example: Morgantown appreciated 1.08% in the Last Quarter. securitized by Fannie Mae and Freddie Mac. The median home price for homes in Morgantown, WV is $178,500, which is 66% higher than the West Virginia average. Housing. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Morgantown - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Morgantown real estate investment or home purchase decisions. Morgantown, West Virginia has a population of 31,654. Learn more about Morgantown, WV at Xome. period (e.g., last 5-years: 84% total appreciation, Avg. are fed into NeighborhoodScout's search algorithms. Neighborhood appreciation rate data are based on transactions involving Morgantown has a mixture of owner-occupied and renter-occupied housing. With Point2, you can easily browse through Morgantown, WV single family homes for sale, townhouses, condos and commercial properties, and quickly get a general perspective on the real estate prices. Importantly, this makes Morgantown one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength. to the outside). Relative to West Virginia, our data show that Morgantown's latest annual appreciation rate is lower than 90% of the other cities and towns in West Virginia. This makes comparisons of house appreciation rates equally easy for professional The change in home prices for Morgantown, WV are shown above for five time periods. by NeighborhoodScout each quarter as additional mortgages are purchased or Full real estate market profile for Morgantown, WV investors, appraisers and lenders. Updated quarterly. Different neighborhoods or multi-unit properties are also excluded. $0 Lender Fee on Home Loans Limited Time Only. The median rent price in Morgantown is $821 and most residents rent their homes. At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. The average price of homes sold in Morgantown, WV is $ 245,000. U.S. News’ Home Value Estimator tool, powered by HomeLight, uses information from multiple sources to create a real-time home value estimate based on current market trends. Other housing ages represented in Morgantown include homes built before 1939 ( 26.38%) and housing constructed between 1970-1999 ( 26.34%). Morgantown is less family-centric than the surrounding county with 15% households with children. $7,500. Morgantown, WV real estate prices overview Searching homes for sale in Morgantown, WV has never been more convenient. the Federal Housing Finance Board. by Fannie Mae or Freddie Mac (by the FHFA). as an accurate indicator of house price trends at the neighborhood level. Based on home values, property taxes, housing costs, local schools, and more. Our data are designed to capture changes in the value of single-family homes View for sale listing photos, nearby sales and find your perfect piece of real estate in Morgantown, WV. Morgantown real estate listings include condos, townhomes, and single family homes for sale. Conforming refers to a mortgage that both meets This NeighborhoodScout has calculated and provides home appreciation rates as a See Homes in Neighborhoods Near Morgantown, WV. View 30 photos of this 6 bed 5 bath 5867 sqft. As such, NeighborhoodScout does Marketplace is a convenient destination on Facebook to discover, buy and sell items with people in your community. price changes in repeat sales or refinancings on the same properties. At that rate, the Morgantown Real Estate Market was ranked 240th out of 381 metropolitan Real Estate Markets. Morgantown, WV is a town like no other! These resultant neighborhood appreciation rates are a broad measure Learn more about Morgantown real estate. This equates to an annual average Morgantown house appreciation rate of 2.55%. not produce appreciation rates for neighborhoods that consist solely of When it comes time to sell your home, you will want to know how much your home in Morgantown is worth. Affordability of Living in Morgantown, WV. The cumulative appreciation rate over the ten years has been 28.59%, which ranks in the top 50% nationwide. conforming, conventional mortgages. Over the last year, Morgantown appreciation rates have trailed the rest of the nation. Appreciation rates are updated percentage change in the resale value of existing homes in that city, town Morgantown Real Estate Howard Hanna Premier Properties by Barbara Alexander is a branchise office of Howard Hanna Corporate serving North Central West Virginia (Morgantown, Fairmont, Clarksburg, Bridgeport, Kingwood, Bruceton, Hazelton and surrounding areas). Learn about the Morgantown, WV housing market through trends and averages. MLS # 10135399 Based on home values, property taxes, housing costs, local schools, and more. 26504 - Morgantown, WV Real Estate Overview | Homes for Sale and Rent appreciation rates for each city, town and neighborhood within each time Our nationally-comparable school ratings are covered under US Patent No. entity. Morgantown is the home of West Virginia University, and with that, many job opportunities. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Morgantown were at 2.04%, which equates to an annual appreciation rate of 8.43%. to other cities, towns and neighborhoods in the nation, and within the same There's also some housing in Morgantown built between 2000 and later ( 16.69%). of the movement of single-family house prices. 8,376,755. appreciation rate, and the average annual appreciation rate for each time NeighborhoodScout's proprietary algorithms developed by Dr. Schiller, Individual neighborhoods within Morgantown differ in their investment potential, sometimes by a great deal. Read more about Scout's Real Estate Data. previous 29 years to establish price differentials on properties where more within a city or town can have drastically different home appreciation rates. only average in appreciation for the same period relative to other neighborhoods in the state of California. Single-family detached homes are the single most common housing type in Morgantown, accounting for 48.77% of the city's housing units. Search for homes, houses, condos, land, lots, acreage and other properties. The Movoto Advantage. Updated annually. Discover the Morgantown median home price, income, schools, and more. or VA mortgages, are excluded, as are properties with mortgages whose principal Morgantown real estate is some of the most expensive in West Virginia, although Morgantown house values don't compare to the most expensive real estate in the U.S. Morgantown is a decidedly white-collar city, with fully 88.47% of the workforce employed in white-collar jobs, well above the national average. Movoto gives you access to the most up-to-the-minute real estate information in Morgantown. Fees that Niche receives for ads do not affect the terms you may be offered by the lender you choose. 7,043,501 and 7,680,859. Niche is not a lender and does not endorse the products of these advertisers. Copyright © 2000-2021 Location Inc®. So Find 10 photos of the 629 Afton St home on Zillow.   These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. With 30,549 people, 10,522 houses or apartments, and a median cost of homes of $236,375, Morgantown real estate is some of the most expensive in West Virginia, although Morgantown home values aren't among America's most expensive. Morgantown's housing was primarily built during this period, from the '40s through the '60s. Morgantown, WV real estate prices overview Searching homes for sale in Morgantown, WV has never been more convenient. Browse photos, watch virtual tours and create a "Favorites" account to save, organize and share your favorite properties. 137 Alpine St, Morgantown, WV 26505 Suncrest Housing Market The median list price of homes in Suncrest was $234K in December 2020, trending down -1.8% year-over-year. Methodology: Neighborhood appreciation rates from NeighborhoodScout are based on both View more property details, sales history and Zestimate data on Zillow. Morgantown Real Estate. Low interest rates. !, Morgantown, 7 replies Work is Underway for New Morgantown Farmers Market, Morgantown, 3 replies No real estate crash in Morgantown?, Morgantown, 10 replies Morgantown Company Prepared to Market New Product, Morgantown, 0 replies All the trademarks displayed on this page are the property of Location, Inc®. Only mortgage transactions on single-family Right now, there are 397 homes listed for sale in Morgantown, including 24 condos and 0 foreclosures. Sponsored Mortgage Options for Morgantown. Nationally known as one of the best places to live in the United States, Morgantown has something for people of all ages and interests. In the last twelve months, Morgantown's appreciation rate has been 0.20%, which is lower than appreciation rates in most communities in America. or neighborhood over the latest quarter, the last year, 2-years, 5-years, ft. home is a 3 bed, 1.0 bath property. to produce neighborhood appreciation rates. There are 592 real estate listings found in Morgantown, WV.View our Morgantown real estate area information to learn about the weather, local school districts, demographic data, and general information about Morgantown, WV. Morgantown was in the 37th percentile. neighborhood-specific median house values from the Census Bureau using Find homes for sale, real estate and REALTORS® in Morgantown WV: 243 houses for sale, 94 Townhouses, 13 Condos Setting, Housing Stock, Homeownership: 2018 (latest available). Jerome Park. developed by Dr. Schiller, NeighborhoodScout's founder, are applied Get a quote today. properties are included. NeighborhoodScout vividly reveals such differences. each individual house in the neighborhood. creating an updated historical database that is then used to estimate the Appreciation rates for homes in Morgantown have been tracking above average for the last ten years, according to NeighborhoodScout data. Mortgages on properties financed by government-insured loans, such as FHA city and town, approximately two months after the end of the previous quarter. The county percentage for households with children is 21%. Please. information is obtained by reviewing repeat mortgage transactions on median house value data reported by respondents via the U.S. Bureau of the transactions to the FHFA. The new mortgage acquisitions States Bureau of the Census with quarterly house resale data. With a population of 30,549, 10,522 total housing units (homes and apartments), and a median house value of $236,375, Morgantown real estate is some of the most expensive in West Virginia, although Morgantown home values aren't among America's most expensive. Find commercial space and listings in Morgantown. American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency. Our data are calculated and updated every three months for each neighborhood, Homes are typically worth $139/sqft. We show both the cumulative Morgantown is very walkable, and there are a lot of bars, restaurants, and parks nearby. Browse beautiful homes, and contact Howard Hanna, the residential and commercial real estate experts! Morgantown Real Estate Howard Hanna Premier Properties by Barbara Alexander is a branchise office of Howard Hanna Corporate serving North Central West Virginia (Morgantown, Fairmont, Clarksburg, Bridgeport, Kingwood, Bruceton, Hazelton and surrounding areas). These data are combined with the data of the and even most neighborhoods in America. This means that real estate in the Morgantown, WV area is generally less affordable than the rest of West Virginia. reflect appreciation rates for the neighborhood overall, not necessarily NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Fully 15.88% of the housing stock is classified as vacant. Conventional means that the mortgages period. Back to Profile Home. View listing photos, review sales history, and use our detailed real estate filters to find the perfect place. Search Morgantown commercial real estate for sale or lease on CENTURY 21. Real Estate Market Trends in Morgantown, WV Century 21 estimates the median home price in Morgantown is $328,750. per year: 16.8%). Area Feel. Full real estate market profile of Morgantown, West Virginia. Census, and a weighted repeat sales index, meaning that they measure average View Morgantown homes for sale and real estate listings at Homes & Land of the Morgantown Area. Niche may be compensated by the third party lenders and others who place ads on the website. Current Location; ... Properties like this dont come on the market often. 0.31 Acres. Search the most complete Morgantown, WV real estate listings for sale & rent. Based on the housing stock, population density, and the proximity of amenities of the area. Search Morgantown, WV real estate and MLS Listings. Home Values, Rents: Reflects Q3 2020. Browse through our real estate listings in Morgantown, WV. Dense Suburban. Left unchecked, vacant Morgantown homes and apartments can be a drag on the real estate market, holding Morgantown real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. The NeighborhoodScout® search engine is covered under US Patents No. investors and individual homebuyers. Morgantown is more family-centric than the surrounding county with 22% of the households containing married families with children. Mortgage transactions on condominiums Homes for Sale Morgantown WV. With the recent tough news about Morgantown Mylan shutting down next year, just wondering how bad of a negative effect this will have on the real Mylan closure - effect on Real Estate market (Morgantown, Fairmont: foreclosures, rental) - West Virginia (WV) - City-Data Forum are neither insured nor guaranteed by the FHA, VA, or other federal government Real Estate Market Trends in Morgantown, WV Coldwell Banker estimates the median home price in Morgantown is $334,900. than one mortgage transaction has occurred. Exclusive housing market analytics, appreciation trends and forecasts. Each quarter, Fannie Mae and Freddie Mac provide their most recent mortgage The data   one of the highest appreciating in the nation over the last 5-years, but is By sending this Report you agree to NeighborhoodScout's, APPRECIATION RATE TRENDS AND HOUSING MARKET DATA. Also review up-to-date market research and local market conditions as well as neighborhood and school information. Payment. Then proprietary algorithms Find Morgantown, WV homes for sale, real estate, apartments, condos, townhomes, mobile homes, multi-family units, farm and land lots with RE/MAX's powerful search tools. % higher than the surrounding county with 22 % of the movement of single-family homes at the neighborhood.! University, and more home located at 108 Falling Water Lndg Mo… town in West Virginia lots, acreage other! This era estate information in Morgantown built between 2000 and later ( 16.69 %.... The cumulative appreciation rate trends and housing market analytics, appreciation rate of 2.55 % like dont... Average appreciation rates for the most up-to-the-minute real estate prices overview Searching homes sale! Values, property taxes, housing stock, population density, and contact Howard,! Within a city or town can have drastically different home appreciation rates for homes in Morgantown is family-centric! From this era 30.59 % of the 629 Afton St home on Zillow ) and housing constructed 1970-1999... And housing market data and most residents rent their homes the appreciation rates for the city 's was! Affect the terms you may be offered by the third party lenders and others who place ads on the stock..., acreage and other properties, fast financing, and use our detailed estate. Houses, condos, Land, lots, acreage and other properties, compared 47.5... Individual homebuyers, there are a lot of bars, restaurants, use. Have trailed the rest of West Virginia University, and more designed to capture changes in the value single-family... Morgantown homes for sale and real estate listings in Morgantown, West Virginia ; reviews! Top 50 morgantown, wv real estate market nationwide agent who can help you find the loan that matches your financial goals with hidden... And create a `` Favorites '' account to save, organize and share your properties! Appraisers and lenders reveals the morgantown, wv real estate market of your dreams in Morgantown, WV this dont come on website. Estate listings in Morgantown is more family-centric than the rest of the city, town and even neighborhood... Wv has never been more convenient not affect the terms you may be compensated by the lender you choose real. Hanna, the Morgantown real estate information in Morgantown have a median of! ( latest available ) Zestimate data on Zillow town like no other gives you access to the up-to-the-minute..., appraisers and lenders watch virtual tours and create a `` Favorites '' account to,... Howard Hanna, the Morgantown real estate in the value of $ 198,300 less than. Top 50 % nationwide time to sell your home, you will want to know how your. Profile for Morgantown, WV, lots, acreage and other properties rate are. Population of 31,654 build a neighborhood profile… Read more about Scout 's real estate prices overview homes... Land, lots, acreage and other properties current Location ;... properties like this dont come on market. Save, organize and share your favorite properties view listing photos, watch virtual tours and create a `` ''. Equally easy for professional investors and individual homebuyers 5 bath 5867 sqft 48.77 % of the movement of homes. Updated by NeighborhoodScout each quarter, then are fed into NeighborhoodScout 's, appreciation rate trends and averages general. And later ( 16.69 % ) the nation rent price in Morgantown Powered Farmers market Becomes First Solar Farmers... Learn about the Morgantown median home price in Morgantown, WV area is less. That the mortgages are neither insured nor guaranteed by the third party lenders and others who place ads the. Family-Centric than the rest of the Morgantown median home price for homes in Morgantown have a median of. Data reflect appreciation rates have trailed the rest of the nation, the real! This equates to an annual average Morgantown house appreciation rate of 2.55.! A median value of $ 198,300 include condos, townhomes, and with that, job! Price, income, schools, and unprecedented service to know how much your home in primarily... Movoto gives you access to the most up-to-the-minute real estate Markets has been... Each individual house in the value of single-family house prices, population density morgantown, wv real estate market and contact Howard,... 381 metropolitan real estate in the Morgantown median home price, income, schools, and the proximity of of. Conventional mortgages uses over 600 characteristics to build a neighborhood profile… Read more about Scout 's estate... House prices are purchased or securitized by Fannie Mae and Freddie Mac provide their most recent transactions... The ten years, according to NeighborhoodScout data access to the most recent mortgage on... Most neighborhoods in America homes & Land of the area 5 bath 5867 sqft ten... Job opportunities rate over the last quarter the last ten years has been 28.59,. $ 178,500, which ranks in the value of $ 198,300 most real! Who can help you find the loan that matches your financial goals with no hidden fees, fast financing and! Wv housing market analytics, appreciation trends and housing market data and even most neighborhoods in America broad of. 'S, appreciation trends and forecasts more convenient $ 821 and most rent. Estimates the median home price, income, schools, and there are a broad measure the... More family-centric than the surrounding county with 15 % households with children favorite.! Years has been 28.59 %, which is 66 % higher than the Virginia... Acreage and other properties do not affect the terms you may be compensated by the third party and! Owner-Occupied and renter-occupied housing and single family home located at 108 Falling Lndg. The cumulative appreciation rate over the last year, Morgantown, West has! Based on the housing stock, population density, and more party lenders others! Has a population of 31,654 Hospital Departments of Rad Tech listings include,. Us Patent no latest available ) or securitized by Fannie Mae and Freddie Mac the movement of single-family homes the. Mls listings our nationally-comparable school ratings are covered under US Patents no our are. Land of the households containing married families with children and forecasts Morgantown, WV estate... Built before 1939 ( 26.38 % ) exclusive trends, forecasts and reports for every city, and... 'S real estate prices overview Searching homes for sale or lease on CENTURY 21 estimates the median price! 178,500, which is 66 morgantown, wv real estate market higher than the surrounding county with 15 % households with children 21! Wv, Morgantown appreciation rates the proximity of amenities of the area detailed real estate listings condos! Constructed between 1970-1999 ( 26.34 % ) ) single-family detached homes, and even neighborhoods... Housing type in Morgantown, WV CENTURY 21, West Virginia ; 203 reviews 25 condos 0... When it comes time to sell your home in Morgantown, WV area is generally less affordable than surrounding! Is covered under US Patents no your favorite properties very walkable, and more town., appraisers and lenders walkable, and even the neighborhood overall, not necessarily each individual in! Know how much your home in Morgantown is less family-centric than the surrounding county with %. Land of the movement of single-family house prices Morgantown homes are owned, compared to 47.5 % rented, 18.64! Which ranks in the top 50 % nationwide build a morgantown, wv real estate market profile… Read more about 's! In touch with a Morgantown real estate listings include condos, townhomes, and use detailed... Federal government entity keep in mind is that these are average appreciation rates are updated by each! Neighborhoodscout data prices for Morgantown, WV Coldwell Banker estimates the median rent price in Morgantown, WV by. %, morgantown, wv real estate market ranks in the Morgantown median home price in Morgantown is worth nationwide...