40Alpha

Morgantown, WV metro area Housing Market Brief

metro · as of May 2026

Buyer's

What is Morgantown, WV metro area’s Alpha Score?

The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.

Price Momentum20%
+4.955
Inventory Health25%
+7.740
Affordability20%
29
Economic Strength20%
No data
50
Rental Yield15%
19

Where is Morgantown, WV metro area in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Morgantown, WV metro area is classified as Recoveringturning back up after a downturn. This is a classification of recent (1–12 month) momentum, not a price forecast.

Morgantown, WV metro area housing market data

MetricValueYoY
Median Sale Price$300K-9.1%
Median Days on Market61 days▲ +5.2%
Months of Supply3.1▲ +6.9%
Homes for Sale482▲ +11.3%
Homes Sold154▲ +3.4%
Median Price / Sq Ft$170▲ +4.1%
Sale-to-List Ratio98.7%▲ +0.4%

How has Morgantown, WV metro area’s Alpha Score moved?

Now: 40
4-period trend
Median sale price · 12 mo

Markets like Morgantown, WV metro area

Frequently asked questions

Is Morgantown, WV metro area a buyer's or seller's market?

As of May 2026, Morgantown, WV metro area is classified as a Buyer's Market, based on its Alpha Score of 40 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Morgantown, WV metro area?

The median sale price in Morgantown, WV metro area is $300K, having fallen 9.1% over the past year.

How affordable is Morgantown, WV metro area?

Morgantown, WV metro area scores 29 out of 100 on affordability — relatively unaffordable relative to local incomes and prevailing mortgage rates compared with other metros.

What's driving Morgantown, WV metro area's Alpha Score?

Morgantown, WV metro area's strongest dimension is Price Momentum (55/100) and its weakest is Rental Yield (19/100). The Alpha Score is a weighted blend of all five dimensions.

Want the live, interactive view of Morgantown, WV metro area? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.