Is Morgantown, WV 26508 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Morgantown is a seller’s market. With about 2.9 months of supply and 24% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Competition score48/ 100

More competitive than 48% of U.S. ZIP codes, and #31 of 66 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply2.9Under 4 months = seller’s market
Sold above original list24.3%Share of sales, last 3 months
Median sale-to-list98.8%Sold price ÷ list price
Median days on market63Listing to accepted offer
Median price per sq ft$174▼ −1.2% vs. last year

The Morgantown housing market right now

In the three months ending August 31, 2026, 24% of homes in Morgantown, WV 26508 sold above their list price, the typical home went under contract in 63 days and there were 2.9 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 156 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 15%, homes sold about as fast and the median sale price rose 15% to $434,812. Overall, Morgantown is more competitive than a year ago, so tougher for buyers.

Within Monongalia County, homes here sell faster than in 67% of the county’s ZIP codes, and sell more often over asking than in 67%. On our competition score, Morgantown ranks #31 of 66 WV ZIP codes with enough sales (score 48 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.

Nearby markets

Blacksville 26521 — /sq ftFairview 26570Seller’s market $158 /sq ftGranville 26534Buyer’s market $204 /sq ftMaidsville 26541Seller’s market $163 /sq ft Browse all markets →

Where Morgantown is

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Questions about Morgantown real estate

Is Morgantown a buyer’s or seller’s market?

A seller’s market: there were 2.9 months of supply in Morgantown, WV 26508 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Morgantown?

The typical home went under contract in 63 days in the latest three months.

Do homes in Morgantown sell over asking?

24% of homes sold above their original list price, and the typical sale closed at 98.8% of the list price.

What are property taxes in Morgantown?

About 0.47% of a home’s value a year in Monongalia County, or roughly $1,880 on a $400,000 home.

What is the median home price in Morgantown?

The median sale price was $434,812 in the three months ending August 31, 2026, about $174 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology