Morgantown, WV Housing Market in 2026: Home Prices & Trends

Name: Morgantown, WV Housing Market - Price Trend Analysis
Creator: Houzeo
License: https://www.houzeo.com/terms-of-use/

Overview

Forecast

Supply

Demand

Morgantown Housing Market Overview

If you're searching for a home in Morgantown, market conditions are in your favor. While the median sale price is $239,500 (up 13.9% year-over-year), the real story is in the market's slowdown. Homes are sitting on the market for 70 days, there's a 3.7-month supply of inventory, and sales are up 35.7% year-over-year. Only 19 Morgantown houses were sold in April 2025. These conditions create a prime opportunity for buyers to negotiate and secure a great deal.

Median Sale Price

# of Homes Sold

Median Days on Market

Median Sale Price

0% year-over-year

# of Homes Sold

0% year-over-year

Median Days on Market

0 year-over-year

What does this mean?

All

1 year

3 year

5 year

Morgantown

Last updated on

Morgantown Housing Market Forecast for 2026

The housing market in Morgantown is expected to shift toward more balanced conditions in 2026, as modest inventory growth and easing mortgage rates create improved opportunities for buyers.

Market Outlook:

Home prices expected to rise modestly by 2-4%, marking a return to sustainable growth
Inventory levels forecast to increase 5-10%, providing buyers with more selection
Wage growth outpacing home price appreciation improves long-term affordability prospects

Will the Morgantown Housing Market Crash in 2026?

Industry experts agree the answer is no. Morgantown benefits from strong market fundamentals, including substantial homeowner equity and disciplined lending standards that prevent distressed sales. With 3.7 months of supply and homes selling at 94.5% of the asking price, the market shows signs of healthy rebalancing rather than distress.

UnlikelyCrash MeterLikely

Current Market Indicators

Days on Market:
70 days
Months of Supply:
3.7 months
Sale-to-List Ratio:
94.5%
Mortgage Rates:
Currently- 6.23% projected to hover between 6.0% and 6.8%

Morgantown Housing Supply

Morgantown's real estate inventory continues to favor buyers. With 71 homes currently available in April 2025, the critical factor is the inventory expansion. Supply has fallen 22% year-over-year, months of supply have dropped to 3.7 from 5.4 last year, and 29 new homes hit the market this month alone (up 3.6% year-over-year). This increased inventory gives buyers a better selection and stronger negotiating leverage. For sellers, it's important to list your home on MLS in West Virginia now before additional properties enter the market to help you stand out in an increasingly competitive landscape.

# of Homes for Sale

# of Newly Listed Homes

Months of Supply

# of Homes for Sale

0% year-over-year

# of Newly Listed Homes

0% year-over-year

Months of Supply

0% year-over-year

What does this mean?

All

1 year

3 year

5 year

Morgantown

Last updated on

Morgantown Housing Demand

Morgantown's housing demand signals a buyer-friendly environment. With the sale-to-list price ratio at 94.5% in April 2025, the key indicator is weakening seller pricing power. Only 21.1% of homes sold over asking price (up from 0% last year), the sale-to-list ratio increased 0.9% year-over-year, and houses in Morgantown with price reductions remained stable from 18.7% to 9.9%. These metrics confirm that buyers control the market and sellers need to price competitively to attract offers.

Homes Sold Above List Price

Homes with Price Drops

Sale-to-List Ratio

Homes Sold Above List Price

0% year-over-year

Homes with Price Drops

0% year-over-year

Sale-to-List Ratio

0% year-over-year

What does this mean?

All

1 year

3 year

5 year

Morgantown

Last updated on

From Hot Trends to Hidden Gems—All in Your Pocket!

The Houzeo app brings the entire real estate journey to your fingertips. Browse, list, and close—anytime, anywhere.

Download the Houzeo Mobile App Now!

Check the Real Estate Trends in Your State

Frequently Asked Questions

How have Morgantown house prices changed over the past year?

Median home prices in Morgantown have increased by 13.9% YoY, and now stand at $239,500. You can check your home's fair market value with our free home value estimator to compare prices in your neighborhood and know where you stand.

What are Morgantown real estate market predictions for 2025?

House prices in Morgantown, West Virginia, should stabilize in the coming months. However, affordability remains a challenge across the West Virginia housing market, due to rising mortgage rates.

What's the average home price in Morgantown?

The average house price in Morgantown depends on the property type, size, and local market conditions. Condos cost around $226,500, while single-family homes average $294,500. You can also find cheap homes for sale in Morgantown that fit your budget.

What is a good time to buy a home in Morgantown?

August to December is typically the best time to buy a house in Morgantown, when supply is high and demand is low. Before buying, check if mortgage rates are stable and ensure there's more than 6 months of housing inventory available. Make sure you assess the current housing market trends in Morgantown before you invest.

When will the Morgantown housing market crash?

According to housing market forecasts, the market is unlikely to crash in the near future. Home prices and demand should increase during the summer, and stabilize by winter. The market is projected to remain steady, with sustained growth through 2025 and beyond.

How to buy a home in Morgantown?

Set a clear budget and get a mortgage pre-approval. Then, explore homes for sale in Morgantown, submit your offers, secure loans, and complete the closing process.

How can I list my home for sale in Morgantown, WV?

You can list your home for sale with a Flat Fee MLS West Virginia listing service. High-tech MLS listing sites like Houzeo automatically assign the right MLS paperwork based on your location. 🚀

What is the average mortgage rate for buyers in Morgantown?

The average mortgage rate for buyers fluctuates between 6.4% and 6.9%. It depends on the market and your credit score. Always check current rates with lenders before you apply.

What is a good time to sell a house in Morgantown?

February to July is typically the best time to sell a house in Morgantown, when demand is high and homes spend fewer days on the market. Carefully assess market trends in your specific area before you act.

Important Legal Disclosures

*Based on Houzeo calculations of home data from MLS and/or public records.

“The market analysis provided on this page is for informational purposes only and does not constitute financial, investment, or legal advice. Data is sourced from public records, industry reports, and third-party providers, and while Houzeo strives for accuracy, we make no guarantees regarding the completeness, accuracy, or timeliness of the information presented.

All estimates, projections, and historical data are based on statistical models and should not be relied upon as predictions of future market conditions. Past performance is not indicative of future results, and real estate market conditions may change due to various economic and regulatory factors.
Users are responsible for conducting their own due diligence before making any real estate or financial decisions. Houzeo is not liable for any decisions or actions taken based on the information provided. Any unauthorized use, duplication, or distribution of the data may violate copyright laws and result in legal consequences. Certain information, tools and services on this page may be powered by third-party vendors. Houzeo does not control or guarantee the accuracy, reliability, or functionality of such third-party services.