Morgantown, WV Real Estate

According to census data in the year 2000 there were 11,808 housing units in Morgantown. This represents a 13.3% growth from 10,422 in 1990.

Of those housing units, 11,800 were located in either urbanized areas or urban clusters, and 8 were located in what is classified as a rural area.

Homeownership rate in Morgantown is about 40.8%. Morgantown's vacancy rate, including seasonal lodging, is about 7.9%. Average household size is 2.1 people.

The majority of houses, apartments or condos in Morgantown were built after 1955.


Housing Size

Housing Units by Size
Studio Type4.10%
One Bedroom17.50%
Two Bedrooms32.70%
Three Bedrooms31%
Four Bedrooms11.20%
Five Bedrooms or more3.50%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.3
Median year structure was built1953
Median Value of occupied units$95,000
Median Price asked for vacant units$63,800

Rented Homes, Apartments and Condos

Average Household Size1.96
Median year structure was built1958
Median Monthly Rent asked for vacant units$442

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage5.30%
Home Equity Loan7.20%
Simple Mortgage46.30%
Debt Free41.10%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs14.9%