Morgantown, WV

Population: 30,294
Average annual home appreciation rate: -9.91%
Total of homes for sale in this market:
Median home price: $168,489
Median Rent: $557 per room
Home price range: 46.00% of homes are between $98,001 – $196,000
Median sales price:
Number of homes:
Median foreclosure sales price:
Foreclosure discount:
Most common home type: 44.56%
Number of vacant homes: 19.86%
Number of renters: 58.62%
Number of owner occupied: 41.38%
Number people living below poverty level: 36.65%
Unemployment rate: 2.90%
Is this area perfect for real estate deals going on right now? Morgantown’s appreciation rate in the latest quarter is one of the lowest in America. When one looks at the success of real estate investors overall, you will find that many of them have found their success when investing in properties in areas such as Morgantown when the economy is down, and then benefiting from the recovery when it begins to move up, and the appreciation rates climb with the economic bounce back.

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