42Alpha

Morgantown, WV metro area Housing Market Brief

metro · as of July 2026

Balanced

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%
55
Inventory Health25%
41
Affordability20%
39
Economic Strength20%No data
50
Rental Yield15%
21

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

EmergingGrowingMaturePeakingDecliningRecovering

Morgantown, WV metro area is classified as Mature holding near a healthy peak. This is a classification of recent (1–12 month) momentum, not a price forecast.

What’s the forecast for Morgantown, WV metro area?

Our model forecasts Morgantown, WV metro area’s home prices to rise about 8.2% over the next 12 months (high confidence).

This is a separate, forward-looking view — not the cycle classification above. See how past forecasts performed on the track record, or the full local forecast with its confidence range on the market page.

Morgantown, WV metro area housing market data

MetricValueYoY
Median Sale Price$300K-9.1%
Median Days on Market52 days▲ +6.1%
Months of Supply3.1▲ +6.9%
Homes for Sale482▲ +11.3%
Homes Sold154▲ +3.4%
Median Price / Sq Ft$170▲ +4.1%

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

Now: 42
12-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 July 2026, Morgantown, WV metro area is classified as a Balanced Market, based on its Alpha Score of 42 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 39 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 (21/100). 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.