Is Morgantown, WV 26501 a buyer’s or seller’s market?

The Morgantown housing market right now

In the three months ending August 31, 2026, 13% of homes in Morgantown, WV 26501 sold above their list price, the typical home went under contract in 70 days and there were 2.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 94 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 22%, homes sold more slowly (56 days then) and the median sale price rose 6% to $284,877. Overall, Morgantown is less competitive than a year ago, which gives buyers more room.

Within Monongalia County, homes here sell faster than in 50% of the county’s ZIP codes, and sell less often over asking than in 67%. On our competition score, Morgantown ranks #47 of 66 WV ZIP codes with enough sales (score 34 out of 100).

Nearby, buyers who want less competition could look at Wana 26590 (0% sold over asking) or Granville 26534 (0% sold over asking), while Fairview 26570 (40% sold over asking) and Maidsville 26541 (32% sold over asking) are even more competitive.