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Morgantown, WV
Full City Profile · West Virginia · Preston County County
3.1
/5.0
B
Good
30,273
Population
2,974/sq mi density
$42,245
Median Income
$30,286 per capita
$238,200
Home Value
$271,933 Zillow
$888
Median Rent
42.7% income on rent
54°F
Avg Temperature
293 sunny days/yr
214
Violent Crime/100K
1,563 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
C+
Economy
2.9 / 5.0
$42,245 median income, 4.2% unemployment
B
Affordability
3.5 / 5.0
$238,200 home value, $888/mo rent
F
Safety
1.0 / 5.0
214 violent crimes/100K
A+
Education
5.0 / 5.0
58.1% bachelor's degree or higher
Housing Overview
Median Home Value
$238,200
16% below
US avg: $281,900
Median Rent
$888/mo
24% below
US avg: $1,163/mo
Homeownership Rate
44.3%
32% below US avg (65.4%)
Total Housing Units
13,985
Median year built: 1962
Home Value by Source
Census Median
$238,200
Zillow (ZHVI)
$271,933
Median Sale Price
$344,500
Median List Price
$305,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
44.3%
Owner-Occupied
55.7%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$714/mo
1 Bedroom
$766/mo
2 Bedroom
$945/mo
3 Bedroom
$1,231/mo
4 Bedroom
$1,380/mo
Census median rent:
$888/mo
· Zillow rent:
$1,261/mo
Market Indicators (Redfin)
Median Days on Market
75 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
12
Price Drops
8.9%
of listings with price reduction
Price Per Sq Ft
$158
Active Inventory
56
homes for sale
Affordability & Housing Stock
Rent Burden
42.7%
of renters spending 30%+ of income on housing
38% above US avg (31.0%)
Median Year Built
1962
Average age of housing stock: 64 years
Homeownership Rate
44.3%
Complete Housing Data
Home Values
| Census Median Value | $238,200 |
| Zillow Home Value (ZHVI) | $271,933 |
| Median Sale Price | $344,500 |
| Median List Price | $305,000 |
| Price Per Sq Ft | $158 |
Rent
| Census Median Rent | $888 |
| Zillow Rent (ZORI) | $1,261 |
| FMR Studio | $714 |
| FMR 1-Bedroom | $766 |
| FMR 2-Bedroom | $945 |
| FMR 3-Bedroom | $1,231 |
| FMR 4-Bedroom | $1,380 |
Market
| Days on Market | 75 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 8.9% |
| Homes Sold | 12 |
| Active Inventory | 56 |
| Price Per Sq Ft | $158 |
Ownership & Stock
| Owner-Occupied | 44.3% |
| Renter-Occupied | 55.7% |
| Homeownership Rate | 44.3% |
| Total Housing Units | 13,985 |
| Median Year Built | 1962 |
| Rent Burden | 42.7% |