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