Morgantown housing market
Typical home value
$225K
▲ 3.4% 1 yr
Typical rent
$1,354/mo
▲ 3.6% 1 yr
12-month forecast
+2.1%
#258 of 546 metros
Gross rent yield
7.2%
#100 of 546 · U.S. 6.3%
Days to pending
41 days
▲ +3 days 1 yr
Listings with a price cut
26%
▼ −0.3 pts 1 yr
Key takeaways
- 1The typical home is worth $224,690, up 3.4% in a year and up 18% over five years.
- 2Zillow forecasts home values rising 2.1% over the next 12 months (U.S.: +1.1%).
- 3Typical rent is $1,354/mo (+3.6% YoY), a 7.2% gross yield, above the U.S. 6.3%.
- 4At 7.32% with 20% down, the typical home costs $1,235/mo in principal and interest, $119 less than renting.
- 5Homes go under contract in 41 days (+3 days vs last year); 26% of listings have had a price cut.
Market temperature
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
How fast homes are selling
For saleNew listings
Affordability
To buy (20% down)To rent
Source: Zillow Research (ZHVI, ZORI and market activity data).
How Morgantown compares
| Measure | Morgantown | United States | Rank of 546 |
|---|---|---|---|
| Home value, 1-yr change | +3.4% | +1.2% | #166 |
| Home value, 5-yr change | +18.1% | +19.7% | |
| 12-month forecast | +2.1% | +1.1% | #258 |
| Rent, 1-yr change | +3.6% | +2.7% | #238 |
| Gross rent yield | 7.2% | 6.3% | #100 |
| Price-to-rent ratio | 13.8 | 15.8 | |
| Mortgage P&I on typical home | $1,235 | $2,012 | |
| Income needed to buy | $58,802 | $100,902 | |
| Days to pending | 41 | 56 |
Cities in the Morgantown metro
1 cities with home value and rent data.
| Morgantown | $282K | ▲ 3.3% | $1,413 | ▲ 3.9% | 6.0% |
Run the numbers
Rental property calculator
Cash flow on a typical Morgantown rental ($225K, $1,354/mo), pre-filled.
Mortgage calculator
Monthly payment on a typical Morgantown home.
Rent vs buy
Is it cheaper to rent or buy in Morgantown?
Other West Virginia metros
Charleston, WV
$147K home$1,210 rent9.9% yield
▲ 1.1% 1 yr
Beckley, WV
$150K home$1,041 rent8.3% yield
▲ 2.0% 1 yr
Clarksburg, WV
$154K home$1,028 rent8.0% yield
▲ 1.7% 1 yr
Parkersburg, WV
$169K home$1,063 rent7.6% yield
▲ 0.7% 1 yr
Fairmont, WV
$167K home$1,171 rent8.4% yield
▲ 2.3% 1 yr
Gross yield = 12 × typical rent ÷ typical home value, before expenses. Mortgage estimate: 20% down, 30-year fixed at the current Freddie Mac average, principal and interest only. Forecast: Zillow Home Value Forecast. Data refreshed Oct 26, 2026.