Morgantown, WV Housing Market & Real Estate Update (March 3, 2026)
Morgantown, WV – March 3, 2026 – Recent market indicators point to steady pricing near $271K, active inventory around 215 homes, and a 104-townhome proposal advancing after zoni…
Morgantown’s housing signals have looked relatively steady, even as many buyers and sellers continue to adjust expectations around timing, pricing, and competition. Recent summaries from Redfin and Zillow place local pricing metrics in a similar range, while a proposed townhome development near the Morgantown Municipal Airport moved forward through the city’s Board of Zoning Appeals (BZA).
- Median sale price: Redfin reported a January 2026 median sale price of $271K, up 8.4% year over year.
- Typical value + active listings: Zillow showed a typical home value around $271K and about 215 homes listed for sale as of Jan. 31.
- Time to sell: Redfin showed an average of 91 days on market in January 2026.
- Closed sales: Redfin recorded 24 homes sold in January 2026.
- Listing-side context: Zillow’s overview listed a median list price around $337K and about 41 new listings as of Jan. 31.
Market snapshot
Taken together, these metrics sketch a market where pricing benchmarks are clustered near the low $300Ks, but where the pace of transactions can still feel measured. Days on market and monthly sales totals are worth watching alongside new listings, since they can shape how quickly choices appear (or disappear) and how much room buyers and sellers feel they have during negotiations.
Development watch
The Dominion Post reports that Morgantown’s BZA approved variance relief tied to lot and setback standards for the Hartman Run Road/Everlasting Lane project: 104 three-bedroom townhomes on just under 13 acres near the airport-area corridor. The variances, as described, clear a key procedural step for the plan and could influence near-term townhome supply in that area as the proposal progresses.
In day-to-day terms, residents often experience market shifts first through price reductions, fewer showings, or limited inventory on the streets they follow most closely. Those neighborhood-level signals can provide helpful context around the broader charts and monthly summaries.