Morgantown, WV Home Values & Market Trends

Real estate market trends reflect that there have been 1,095 transactions over the past year in Morgantown. The median value for residential home transactions that occurred over the previous year is $256,274.12. The number of current listings in Morgantown is 212, and the percentage of properties for sale in the city is 212.00%. Morgantown, WV currently has 9 properties in foreclosure, 1 bank owned properties, 8 properties headed for auction, and 212 properties for sale.

Morgantown, WV Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
26508

$ 449,698

$ 158/sqft

26501

$ 250,000

$ 142/sqft

26505

$ 255,352

$ 149/sqft

26506

$ --

$ --

Housing Market Summary for Morgantown, WV

Apr 2023March 2024Change
Median Listing Price$317K$243.1K-23.33%
Median Sold Price$240.1K$243.1K1.22%
Homes For Sale1921941.04%
Homes Sold41648616.83%
Price
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Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Morgantown, WV

Morgantown home values range from $20,090 to $7,404,518. The median estimated value of a home in Morgantown is $256,274.12. The median list price of a home is 330,550, and the total count of properties in the city is 27,412.

Foreclosure
There are 4 zips within Morgantown, WV; within these zips, the median estimated home value for homes in foreclosure ranges from $340,201 in 26501 to the lowest value of $101,722 in 26501. Foreclosure homes account for 0.00% of properties in Morgantown, WV with 26508 containing 5 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Morgantown, WV with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 4 zips within Morgantown, WV; of those zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Morgantown, WV ranges from the highest value of $0 in 26506 to the lowest value of $0 in 26508. Bank owned homes and properties account for 0.00% of properties in Morgantown, WV. There are 4 zips within Morgantown, WV; 26508 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    26508 has 4 auction properties, the highest number of properties going to auction in a single zip in the state of Morgantown, WV. Auction homes and other auction properties account for 0.03% of all properties in Morgantown, WV. There are 4 zips within Morgantown, WV; of those zips, the median estimated home value for homes going to auction ranges from $372,130 in 26505 to the lowest value of $101,722 in 26505.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.77% of residential properties in Morgantown, WV with 26508 containing 108 homes for sale, the highest number of listed properties in a single zip. There are 4 zips within Morgantown, WV; homes for sale in those zips, have a range of median values from $1,850,000 in 26508 to the lowest value of $45,212 in 26505.
    Sold Homes
    The median value for recently sold homes ranges from $950,760 in 26505 to the lowest price of $26,836 in 26505. There are 4 zips within Morgantown, WV. 26508 has 227 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 1.76% of properties in Morgantown, WV.

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      Guide for Morgantown, WV

      Home Buying Guides & Tips
      West Virginia Foreclosure Laws
      Investment Financing
      A Guide to Foreclosure Financing and Refinancing
      Market Reports
      Property Values and Sales on the Rise in Savannah, Georgia – April 2024
      Market Reports
      Mobile’s Real Estate Market Shows Promising Growth Despite Sales Dip in March 2024
      See More Articles
      West Virginia Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2013

      West Virginia Foreclosure Laws

      A Guide to Foreclosure Financing and Refinancing
      Investment Financing|posted 17 April 2024

      Information on foreclosure financing, refinancing, and foreclosure mortgages.

      Property Values and Sales on the Rise in Savannah, Georgia – April 2024
      Market Reports|posted 17 April 2024

      Market report of Savannah, GA, a real estate market that has shown consistent growth, with the average property value reaching nearly $400,000.

      Mobile’s Real Estate Market Shows Promising Growth Despite Sales Dip in March 2024
      Market Reports|posted 17 April 2024

      Report of recent trends in Mobile, Alabama’s real estate market, highlighting rising property values, fluctuating sales volumes, and the variations in value and sales figures across neighboring areas as of March 2024.

      Recently Listed Homes Morgantown, WV

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