Morgantown, WV housing market
Typical home value
$282K
▲ 3.3% 1 yr
Typical rent
$1,413/mo
▲ 3.9% 1 yr
Gross rent yield
6.0%
U.S. 6.3%
5-year home value change
+16%
U.S. +20%
Key takeaways
- 1The typical home in Morgantown is worth $281,832, up 3.3% over the past year and up 16% over five years.
- 2Typical rent is $1,413 a month (+3.9% YoY), a gross rent yield of 6.0% (below the Morgantown, WV metro's 7.2%).
- 3With 20% down at 7.32%, principal and interest on the typical home is about $1,549/mo, $136 more than typical rent.
- 4Zillow forecasts the Morgantown, WV metro's home values to change +2.1% over the next 12 months.
Market temperature (Morgantown, WV metro)
Seller's market
Buyer'sNeutralSeller's
Zillow Market Heat Index: 59/100, #43 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.
Home values and rent
Source: Zillow Research (ZHVI, ZORI and market activity data).
How Morgantown compares
| Measure | Morgantown | Morgantown, WV metro | United States |
|---|---|---|---|
| Typical home value | $281,832 | $224,690 | $366,157 |
| Home value, 1-yr change | +3.3% | +3.4% | +1.2% |
| Typical rent | $1,413 | $1,354 | $1,932 |
| Rent, 1-yr change | +3.9% | +3.6% | +2.7% |
| Gross rent yield | 6.0% | 7.2% | 6.3% |
| Price-to-rent ratio | 16.6 | 13.8 | 15.8 |
| Mortgage P&I, typical home | $1,549 | $1,235 | $2,012 |
Run the numbers
Rental property calculator
Cash flow on a typical Morgantown rental, pre-filled.
Rent vs buy in Morgantown
Which costs less over the years you'll stay.
Mortgage calculator
Monthly payment on a $282K home.
City figures are Zillow's typical home value (ZHVI) and observed rent (ZORI). Gross yield is before expenses. Data refreshed Oct 26, 2026.