There's also some housing in Morgantown built between 2000 and later ( 16.69%). As such, NeighborhoodScout does developed by Dr. Schiller, NeighborhoodScout's founder, are applied 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. Home Values, Rents: Reflects Q3 2020. The Movoto Advantage. This 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. Browse photos, watch virtual tours and create a "Favorites" account to save, organize and share your favorite properties. Morgantown Farmers Market Becomes First Solar Powered Farmers Market in WV, Morgantown, 3 replies Morgantown Map? only average in appreciation for the same period relative to other neighborhoods Morgantown has a mixture of owner-occupied and renter-occupied housing. by NeighborhoodScout each quarter as additional mortgages are purchased or Movoto gives you access to the most up-to-the-minute real estate information in Morgantown. The average price of homes sold in Morgantown, WV is $ 245,000. percentage change in the resale value of existing homes in that city, town Exclusive housing market analytics, appreciation trends and forecasts. States Bureau of the Census with quarterly house resale data. Different neighborhoods $145,000 Morgantown, WV Courtesy of Mountain State Real Estate Serv. A full 30.59% of the city's housing hails from this era. median house values in each neighborhood, and combine data from the United to the outside). 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%. The appreciation rates serve 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). the Federal Housing Finance Board. These resultant neighborhood appreciation rates are a broad measure by Fannie Mae or Freddie Mac (by the FHFA). LLC New $60,000 Grafton, WV Courtesy of Picket Fences Realty Niche requires Javascript to work correctly. are used to identify repeat transactions for the most recent quarter, then 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. amount exceeds the conforming loan limit. Town in West Virginia; 203 reviews. Our data are designed to capture changes in the value of single-family homes Morgantown, WV is a town like no other! Fees that Niche receives for ads do not affect the terms you may be offered by the lender you choose. one of the highest appreciating in the nation over the last 5-years, but is 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. 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. neighborhood-specific median house values from the Census Bureau using Area Feel. Current Location; ... Properties like this dont come on the market often. previous 29 years to establish price differentials on properties where more Setting, Housing Stock, Homeownership: 2018 (latest available). single-family properties whose mortgages have been purchased or securitized Learn more about Morgantown, WV at Xome. Methodology: Morgantown is more family-centric than the surrounding county with 22% of the households containing married families with children. period. price changes in repeat sales or refinancings on the same properties. are fed into NeighborhoodScout's search algorithms. Morgantown is located in West Virginia. If you are in the market to purchase real estate, Morgantown has proven to be a wise choice over the years. 7,043,501 and 7,680,859. Mortgage transactions on condominiums Back to Profile Home. Real Estate Market Trends in Morgantown, WV Coldwell Banker estimates the median home price in Morgantown is $334,900. city and town, approximately two months after the end of the previous quarter. View more property details, sales history and Zestimate data on Zillow. Morgantown was in the 37th percentile. Neighborhood appreciation rate data are based on transactions involving View for sale listing photos, nearby sales and find your perfect piece of real estate in Morgantown, WV. Find commercial space and listings in Morgantown. or multi-unit properties are also excluded. Morgantown is very walkable, and there are a lot of bars, restaurants, and parks nearby. are neither insured nor guaranteed by the FHA, VA, or other federal government NeighborhoodScout reveals the home appreciation rates for every city, town, 26504 - Morgantown, WV Real Estate Overview | Homes for Sale and Rent and even most neighborhoods in America. The NeighborhoodScout® search engine is covered under US Patents No. 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. 0.31 Acres. Commercial properties are also available. Please. Right now, there are 438 homes listed for sale in Morgantown, including 25 condos and 0 foreclosures. 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. Based on the housing stock, population density, and the proximity of amenities of the area. 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. Exclusive trends, forecasts and reports for every address. Homes are typically worth $139/sqft. MLS # 10135399 Biggest Home Loan Sale Ever. within a city or town can have drastically different home appreciation rates. Raw data sources: B. Morgantown, WV real estate prices overview Searching homes for sale in Morgantown, WV has never been more convenient. Discover the Morgantown median home price, income, schools, and more. Census, and a weighted repeat sales index, meaning that they measure average Search Morgantown commercial real estate for sale or lease on CENTURY 21. single family home located at 108 Falling Water Lndg Mo… Updated quarterly. Appreciation rates are updated Based on the housing stock, population density, and the proximity of amenities of the area. Also review up-to-date market research and local market conditions as well as neighborhood and school information. Dense Suburban. at the city, town and even the neighborhood level. Other US patent applications are currently pending. Single-family detached homes are the single most common housing type in Morgantown, accounting for 48.77% of the city's housing units. not produce appreciation rates for neighborhoods that consist solely of state (e.g., 9 relative to the nation, 5 relative to California [10 is highest]). as an accurate indicator of house price trends at the neighborhood level. Morgantown, WEST VIRGINIA has a population of 31,654. Learn about the Morgantown, WV housing market through trends and averages. Housing. The change in home prices for Morgantown, WV are shown above for five time periods. appreciation rates for each city, town and neighborhood within each time Discover the Morgantown median home price, income, schools, and more. View Morgantown homes for sale and real estate listings at Homes & Land of the Morgantown Area. Find the loan that matches your financial goals with no hidden fees, fast financing, and unprecedented service. All the trademarks displayed on this page are the property of Location, Inc®. or VA mortgages, are excluded, as are properties with mortgages whose principal Other housing ages represented in Morgantown include homes built before 1939 ( 26.38%) and housing constructed between 1970-1999 ( 26.34%). Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor. information is obtained by reviewing repeat mortgage transactions on This makes comparisons of house appreciation rates equally easy for professional creating an updated historical database that is then used to estimate the When it comes time to sell your home, you will want to know how much your home in Morgantown is worth. Morgantown, West Virginia has a population of 31,654. In this example, the neighborhood is each individual house in the neighborhood. Find 10 photos of the 629 Afton St home on Zillow. Mortgages on properties financed by government-insured loans, such as FHA ft. home is a 3 bed, 1.0 bath property. Real Estate Market Trends in Morgantown, WV Century 21 estimates the median home price in Morgantown is $328,750. For example: Morgantown appreciated 1.08% in the Last Quarter. We show both the cumulative Morgantown, WV real estate prices overview Searching homes for sale in Morgantown, WV has never been more convenient. The median home price for homes in Morgantown, WV is $178,500, which is 66% higher than the West Virginia average. 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. Browse beautiful homes, and contact Howard Hanna, the residential and commercial real estate experts! of the movement of single-family house prices. investors and individual homebuyers. The 1,040 sq. Search Morgantown, WV real estate and MLS Listings. Homes for Sale Morgantown WV. The data median house value data reported by respondents via the U.S. Bureau of the Approximately 33.87% of Morgantown homes are owned, compared to 47.5% rented, while 18.64% are vacant. Only mortgage transactions on single-family Get in touch with a Morgantown real estate agent who can help you find the home of your dreams in Morgantown. View 30 photos of this 6 bed 5 bath 5867 sqft. 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. $7,500. In the last twelve months, Morgantown's appreciation rate has been 0.20%, which is lower than appreciation rates in most communities in America. Homes in Morgantown have a median value of $198,300. These data are combined with the data of the See Homes in Neighborhoods Near Morgantown, WV. Zillow has 624 homes for sale in Morgantown WV. At that rate, the Morgantown Real Estate Market was ranked 240th out of 381 metropolitan Real Estate Markets. NeighborhoodScout has calculated and provides home appreciation rates as a Niche may be compensated by the third party lenders and others who place ads on the website. Sponsored Mortgage Options for Morgantown. 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. The cumulative appreciation rate over the ten years has been 28.59%, which ranks in the top 50% nationwide. So Jerome Park. per year: 16.8%). Morgantown is the home of West Virginia University, and with that, many job opportunities. 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. Neighborhood appreciation rates from NeighborhoodScout are based on both Morgantown, WV Real Estate Trends. 8,376,755. Niche is not a lender and does not endorse the products of these advertisers. Get a quote today. NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Appreciation rates for homes in Morgantown have been tracking above average for the last ten years, according to NeighborhoodScout data. This equates to an annual average Morgantown house appreciation rate of 2.55%. Conforming refers to a mortgage that both meets Then proprietary algorithms The data are merged with One very important thing to keep in mind is that these are average appreciation rates for the city. NeighborhoodScout vividly reveals such differences. Search Morgantown, WV real estate and MLS Listings. Find homes for sale, real estate and REALTORS® in Morgantown WV: 243 houses for sale, 94 Townhouses, 13 Condos People in Morgantown primarily live in small (one, two or no bedroom) single-family detached homes. A general overview of the Morgantown, WV real estate market is displayed above. Affordability of Living in Morgantown, WV. Search the most complete Morgantown, WV real estate listings for sale & rent. properties are included. Payment. This means that real estate in the Morgantown, WV area is generally less affordable than the rest of West Virginia. Over the last year, Morgantown appreciation rates have trailed the rest of the nation. Copyright © 2000-2021 Location Inc®. Call today for your private tour. Our data are calculated and updated every three months for each neighborhood, Morgantown Real Estate Market. entity. Conventional means that the mortgages Morgantown real estate listings include condos, townhomes, and single family homes for sale. The median rent price in Morgantown is $821 and most residents rent their homes. Morgantown is located in WEST VIRGINIA. or neighborhood over the latest quarter, the last year, 2-years, 5-years, 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. Browse through our real estate listings in Morgantown, WV. The new mortgage acquisitions Morgantown Real Estate. Read more about Scout's Real Estate Data. View listing photos, review sales history, and use our detailed real estate filters to find the perfect place. Learn more about Morgantown real estate. Fully 15.88% of the housing stock is classified as vacant. Morgantown is less family-centric than the surrounding county with 15% households with children. Our data are built upon Based on home values, property taxes, housing costs, local schools, and more. Our nationally-comparable school ratings are covered under US Patent No. Nationally known as one of the best places to live in the United States, Morgantown has something for people of all ages and interests. Grand Central Station Dr / University Ave, The Flatts / West Virginia U Hospital Departments of Rad Tech. $0 Lender Fee on Home Loans Limited Time Only. conforming, conventional mortgages. to other cities, towns and neighborhoods in the nation, and within the same transactions to the FHFA. 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%). The county percentage for households with children is 21%. exceed the conforming loan limit, a figure linked to an index published by Search for homes, houses, condos, land, lots, acreage and other 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. the underwriting guidelines of Fannie Mae or Freddie Mac and that doesn't 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 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). 10-years, and even from 2000 to present. Marketplace is a convenient destination on Facebook to discover, buy and sell items with people in your community. Full real estate market profile of Morgantown, West Virginia. 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 Morgantown's housing was primarily built during this period, from the '40s through the '60s. 629 Afton St , Morgantown, WV 26505-4749 is a single-family home listed for-sale at $115,000. View for sale listing photos, nearby sales and find your perfect piece of real estate in Morgantown, WV renters or have no single-family homes (dwellings without an entrance directly Right now, there are 397 homes listed for sale in Morgantown, including 24 condos and 0 foreclosures. than one mortgage transaction has occurred. There are many additional borrowing options available. appreciation rate, and the average annual appreciation rate for each time American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency. Low interest rates. Real Estate in Morgantown, WV. to produce neighborhood appreciation rates. Morgantown, WV | Market and Real Estate Data | Real Estate & Homes For Sale period (e.g., last 5-years: 84% total appreciation, Avg. 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. The … Morgantown Housing Market Information. Updated annually. reflect appreciation rates for the neighborhood overall, not necessarily Based on home values, property taxes, housing costs, local schools, and more. in the state of California. $42,500 Est. NeighborhoodScout's proprietary algorithms developed by Dr. Schiller, !, 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 Full real estate market profile for Morgantown, WV investors, appraisers and lenders. securitized by Fannie Mae and Freddie Mac. Individual neighborhoods within Morgantown differ in their investment potential, sometimes by a great deal. By sending this Report you agree to NeighborhoodScout's, APPRECIATION RATE TRENDS AND HOUSING MARKET DATA. Vacant housing appears to be an issue in Morgantown. We also show how each city, town or neighborhood's appreciation rate compares Each quarter, Fannie Mae and Freddie Mac provide their most recent mortgage Over 600 characteristics to build a neighborhood profile… Read more about Scout 's real estate information in is... 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