Land Foreclosures in Morgantown, WV

Current Market Conditions in Morgantown, WV

Morgantown's real estate market has remained competitive due to the ongoing demand driven by the presence of West Virginia University and the growing interest in local dining and entertainment options. Homes are being sold above listing prices and multiple offer scenarios are common as buyers hurry to secure homes in desirable neighborhoods.

Rental properties have also seen an increase in demand, with many students and young professionals looking for close proximity to the university. Consequently, landlords are often able to increase rental prices to reflect the market's demand.

Rent Prices In Morgantown, WV

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Morgantown, WV, is on a rollercoaster ride. The average rent price in Morgantown, WV, is $1,443.00. Indeed, when looking to rent in Morgantown, WV, you can expect to pay as little as $540.00 or as much as $2,360.00, with the average rent median estimated to be $1,400.00. The good news is that finding an affordable and desirable property to rent in Morgantown, WV -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.