MORGANTOWN Mortgage Rates & Closing Costs

30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

30 Year Fixed Rate mortgages in Morgantown averaged 6.34% for the week of 2024-03-21, compared to the national average of 6.87% for the same period.

The average rate for the prior week (2024-03-14) was 6.21% and one month ago for the week of 2024-02-15, the average rate was 6.14%.

Morgantown's average rate one year ago was 5.77%.

For refis of the same type during the week of 2024-03-21, the average rate was 6.24%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-03-21 6.87%
Morgantown 30 Year Fixed Rate 2024-03-21 6.34%
Morgantown 30 Year Fixed Rate Refi 2024-03-21 6.24%
Morgantown 15 Year Fixed Rate 2024-03-21 6.08%
Morgantown 15 Year Fixed Rate Refi 2024-03-21 5.48%
Morgantown 30 Year FHA 2024-03-21 6.1%
Morgantown 30 Year FHA Refi 2024-03-21 6.6%
Morgantown 30 Year USDA 2024-03-21 6.77%
Morgantown 30 Year USDA Refi 2024-03-21 6.47%
Morgantown 30 Year VA 2024-03-21 5.84%
Morgantown 30 Year VA Refi 2024-03-21 6.34%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within MORGANTOWN, WV.

MORGANTOWN Top Lenders by Rates & Fees

The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the MORGANTOWN, WV market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).

Name # of Loans 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
First Federal Bank of the Midwest 163 4.31% $4,269
Clear Mountain Bank 152 4.29% $3,427
The Huntington National Bank 82 4.33% $5,143
INTERCOASTAL MORTGAGE COMPANY 76 4.77% $4,850
PNC Bank 58 4.80% $4,496
QUICKEN LOANS, LLC 55 5.07% $6,922
WesBanco 48 4.56% $4,631
NVR Mortgage Finance, Inc. 46 4.63% $7,645
City National Bank of West Virginia 38 4.23% $2,016
Truist 35 4.63% $4,071
United Bank 31 4.65% $4,135
FAIRMONT 31 3.98% $2,995
LOANDEPOT.COM, LLC 27 4.76% $4,945
UNITED WHOLESALE MORTGAGE, LLC 25 5.13% $5,245
First Federal Savings and Loan Association of Greene Co 24 4.10% $2,896
HOME POINT FINANCIAL CORPORATION 15 4.26% $5,312
Sierra Pacific Mortgage Company, Inc. 12 5.95% $7,363
Wells Fargo Bank 10 4.93% $4,549
NAVY FEDERAL CREDIT UNION 10 4.84% $3,915
NFM, INC. 10 4.75% $5,925
AMERISAVE MORTGAGE CORPORATION 9 4.29% $5,038
First National Bank of Pennsylvania 6 4.13% $4,818
Ally Bank 6 4.31% $3,527
The United Federal Credit Union 6 4.83% $2,174
Summit Community Bank, Inc. 6 5.09% $3,720
PRIMELENDING, A PLAINSCAPITAL COMPANY 6 5.40% $4,849
Farm Credit of the Virginias, ACA 6 7.32% $2,992
Fifth Third Bank 6 3.90% $4,382
JPMorgan Chase Bank 6 5.64% $2,795
BROKER SOLUTIONS, INC. 5 4.97% $6,116
DAS Acquisition Company, LLC 5 6.30% $8,642
U.S. Bank 5 4.30% $5,072
UNION HOME MORTGAGE CORP. 5 4.43% $4,983
CHURCHILL MORTGAGE CORPORATION 4 4.56% $5,473
BETTER MORTGAGE CORPORATION 4 3.88% $4,490
FREEDOM MORTGAGE CORPORATION 4 3.41% $4,593
Victorian Finance, LLC 4 5.34% $4,774
HOMESPIRE MORTGAGE CORPORATION 3 4.96% $6,375
PENTAGON FEDERAL CREDIT UNION 3 4.46% $2,468
Mr. Cooper ( Nationstar Mortgage ) 3 4.58% $6,867
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 3 4.62% $4,026
Bank of America 3 4.38% $3,762
Flagstar Bank, FSB 3 3.89% $6,103
ROYAL UNITED MORTGAGE LLC 3 5.92% $5,471
Simmons Bank 3 3.54% $3,688
First Community Bank 3 5.69% $5,448
CHESSIE 2 3.81% $2,667
VANDERBILT MORTGAGE AND FINANCE, INC. 2 6.00% $6,401
Carrington Mortgage Services, LLC 2 4.50% $6,156
CROSSCOUNTRY MORTGAGE, LLC 2 4.75% $5,134
GUIDANCE RESIDENTIAL, LLC 2 5.50% $4,576
Integrity Home Mortgage Corp 2 4.44% $3,986
Citibank 2 4.69% $3,781
Citizens Bank 2 3.94% $6,951
Morgan Stanley Private Bank 2 2.65% $4,400
North American Savings Bank, F.S.B. 2 6.44% $7,214
JUSTICE Federal Credit Union 2 4.13% $6,416
Mortgage Research Center, LLC 2 4.94% $2,932
Discover Bank 2 5.12% $0
MOVEMENT MORTGAGE, LLC 2 4.56% $1,706
PENNYMAC LOAN SERVICES, LLC 2 4.75% $6,171
FIRST HOME MORTGAGE CORPORATION 2 4.31% $5,237
Old National Bank 1 3.88% $3,116
Peoples Bank 1 4.50% $3,534
PRIMARY RESIDENTIAL MORTGAGE, INC. 1 3.75% $7,369
CONTOUR MORTGAGE CORPORATION 1 4.50% $3,702
Prosperity Home Mortgage, LLC 1 5.88% $3,279
Raymond James Bank 1 3.13% $3,624
STATE EMPLOYEES CREDIT UNION OF MARYLAND, INCORPORATED 1 5.75% $5,250
Strong Home Mortgage, LLC 1 3.38% $6,832
Alcova Mortgage LLC 1 5.50% $2,918
SUN WEST MORTGAGE COMPANY, INC. 1 6.63% $7,316
T2 FINANCIAL LLC 1 7.13% $7,519
The Dart Bank 1 6.75% $4,045
The Farmers National Bank of Emlenton 1 3.38% $3,285
The Federal Savings Bank 1 5.75% $6,029
Chicago Mortgage Solutions LLC 1 3.52% $3,575
Towne Bank 1 3.63% $3,379
CARDINAL FINANCIAL 1 3.38% $5,236
Union Savings Bank 1 5.75% $2,712
CALIBER HOME LOANS, INC. 1 5.38% $7,171
Bank of Whittier 1 5.95% $3,593
USAA Federal Savings Bank 1 6.38% $5,958
Wyndham Capital Mortgage, Inc. 1 4.99% $3,345
Warsaw Federal Savings and Loan Association 1 4.59% $5,503
Waterstone Mortgage Corporation 1 4.75% $5,520
Austin Capital Bank SSB 1 6.13% $6,065
First Horizon Bank 1 6.38% $3,821
First State Bank of St. Charles, Missouri 1 5.25% $4,730
Florida Capital Bank 1 3.99% $9,252
FRANKLIN MINT 1 4.50% $14,543
Arvest Bank 1 3.38% $3,385
Gateway First Bank 1 5.38% $2,622
George Mason Mortgage, LLC 1 3.13% $3,887
GUARANTEED RATE, INC. 1 5.63% $5,054
First Commonwealth Bank 1 4.88% $7,680
Hometown Lenders, Inc. 1 4.75% $6,775
First-Citizens Bank & Trust Company 1 5.15% $3,629
FirstBank 1 3.75% $3,056
LAKEVIEW LOAN SERVICING, LLC 1 3.25% $11,055
LIBERTY HOME MORTGAGE CORPORATION 1 6.00% $10,980
MCLEAN MORTGAGE CORPORATION 1 6.25% $5,324
MILLENNIUM FINANCIAL GROUP, INC. 1 4.13% $7,102
MORIA DEVELOPMENT, INC. 1 5.99% $6,595
M&T Bank 1 5.25% $3,496
EQUITY RESOURCES, INC. 1 4.13% $3,479
NBH Bank 1 6.13% $9,319
NBKC BANK 1 5.00% $3,275
NEWREZ LLC 1 3.75% $2,708
DRAPER AND KRAMER MORTGAGE CORP. 1 3.25% $3,874
Northpointe Bank 1 5.99% $8,056
Northwest Bank 1 4.38% $6,463

MORGANTOWN Average Closing Costs & Other Stats

MORGANTOWN, WV's 112 lenders originated 2,731 loans during 2022. The total origination value was $770,225,000, with an average loan value of $282,030.

MORGANTOWN's average closing costs are $4,394.

The top MORGANTOWN lender as defined by loan originations is First Federal Bank of the Midwest, with 163 loans originated. Their average total fees are $4,269, which is $841 higher than the next largest lender, Clear Mountain Bank.

The lowest fee MORGANTOWN lenders (with over 10 loans originated) are City National Bank of West Virginia ($2,016), First Federal Savings and Loan Association of Greene Co ($2,896), FAIRMONT ($2,995), Clear Mountain Bank ($3,427) and NAVY FEDERAL CREDIT UNION ($3,915).

The lowest rate MORGANTOWN lenders (with over 10 loans originated) are FAIRMONT (3.98%), First Federal Savings and Loan Association of Greene Co (4.10%), City National Bank of West Virginia (4.23%), HOME POINT FINANCIAL CORPORATION (4.26%) and Clear Mountain Bank (4.29%).

MORGANTOWN, WV Mortgage Market Share & Volume

Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.

Name 2021 Loan Value 2022 Loan Value % Change 2022 Market Share
First Federal Bank of the Midwest $108,485,000 $97,615,000 -10.0% 12.7%
Clear Mountain Bank $150,075,000 $79,720,000 -46.9% 10.4%
WesBanco Bank, Inc. $47,110,000 $59,350,000 26.0% 7.7%
The Huntington National Bank $96,280,000 $55,980,000 -41.9% 7.3%
Wells Fargo Bank $9,820,000 $50,565,000 414.9% 6.6%
QUICKEN LOANS, LLC $66,780,000 $26,175,000 -60.8% 3.4%
PNC Bank $46,020,000 $26,110,000 -43.3% 3.4%
United Bank $55,440,000 $24,530,000 -55.8% 3.2%
NVR Mortgage Finance, Inc. $17,505,000 $23,985,000 37.0% 3.1%
INTERCOASTAL MORTGAGE COMPANY $46,510,000 $22,045,000 -52.6% 2.9%
Truist $37,210,000 $20,050,000 -46.1% 2.6%
First Exchange Bank $10,760,000 $18,275,000 69.8% 2.4%
First Guaranty Bank $16,130,000 n/a 2.1%
City National Bank of West Virginia $10,905,000 $15,705,000 44.0% 2.0%
First Federal Savings and Loan Association of Greene Co $13,520,000 $14,380,000 6.4% 1.9%
LOANDEPOT.COM, LLC $14,880,000 $14,325,000 -3.7% 1.9%
First United Corporation $16,290,000 $13,340,000 -18.1% 1.7%
UNITED WHOLESALE MORTGAGE, LLC $6,360,000 $9,920,000 56.0% 1.3%
Mortgage Research Center, LLC $15,015,000 $8,795,000 -41.4% 1.1%
FAIRMONT $9,075,000 $8,310,000 -8.4% 1.1%
HOME POINT FINANCIAL CORPORATION $35,870,000 $8,110,000 -77.4% 1.1%
The Grant County Bank $4,570,000 $7,030,000 53.8% 0.9%
Mid Penn Bank $7,005,000 n/a 0.9%
AMERISAVE MORTGAGE CORPORATION $10,265,000 $6,835,000 -33.4% 0.9%
Flagstar Bank, FSB $6,325,000 $6,735,000 6.5% 0.9%
NAVY FEDERAL CREDIT UNION $6,335,000 $6,550,000 3.4% 0.9%
Sierra Pacific Mortgage Company, Inc. $8,985,000 $5,330,000 -40.7% 0.7%
Brentwood Bank $5,075,000 n/a 0.7%
First National Bank of Pennsylvania $2,435,000 $4,955,000 103.5% 0.6%
JPMorgan Chase Bank $8,895,000 $4,235,000 -52.4% 0.5%
CNB Bank Inc. $295,000 $3,990,000 1,252.5% 0.5%
PRIMELENDING, A PLAINSCAPITAL COMPANY $7,395,000 $3,835,000 -48.1% 0.5%
FREEDOM MORTGAGE CORPORATION $12,650,000 $3,750,000 -70.4% 0.5%
Summit Community Bank, Inc. $7,840,000 $3,285,000 -58.1% 0.4%
U.S. Bank $9,440,000 $3,245,000 -65.6% 0.4%
VANDERBILT MORTGAGE AND FINANCE, INC. $3,045,000 $3,030,000 -0.5% 0.4%
The United Federal Credit Union $3,790,000 $2,940,000 -22.4% 0.4%
M&T Realty Capital Corporation $2,905,000 n/a 0.4%
UNION HOME MORTGAGE CORP. $10,980,000 $2,795,000 -74.5% 0.4%
NFM, INC. $1,700,000 $2,390,000 40.6% 0.3%
BETTER MORTGAGE CORPORATION $10,710,000 $2,320,000 -78.3% 0.3%
Ally Bank $3,140,000 $2,280,000 -27.4% 0.3%
Mr. Cooper ( Nationstar Mortgage ) $1,185,000 $2,115,000 78.5% 0.3%
Fifth Third Bank $3,500,000 $2,090,000 -40.3% 0.3%
USAA Federal Savings Bank $3,985,000 $2,020,000 -49.3% 0.3%
First Community Bank $1,445,000 $1,985,000 37.4% 0.3%
DAS Acquisition Company, LLC $1,685,000 n/a 0.2%
Farm Credit of the Virginias, ACA $1,070,000 $1,685,000 57.5% 0.2%
Morgan Stanley Private Bank $605,000 $1,660,000 174.4% 0.2%
BROKER SOLUTIONS, INC. $2,330,000 $1,540,000 -33.9% 0.2%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $530,000 $1,485,000 180.2% 0.2%
Bank of America $3,025,000 $1,415,000 -53.2% 0.2%
JUSTICE Federal Credit Union $1,435,000 $1,390,000 -3.1% 0.2%
The Federal Savings Bank $635,000 $1,360,000 114.2% 0.2%
HOMESPIRE MORTGAGE CORPORATION $765,000 $1,310,000 71.2% 0.2%
CROSSCOUNTRY MORTGAGE, LLC $1,170,000 $1,240,000 6.0% 0.2%
NEWREZ LLC $1,800,000 $1,240,000 -31.1% 0.2%
PENNYMAC LOAN SERVICES, LLC $4,295,000 $1,195,000 -72.2% 0.2%
Citizens Bank $2,435,000 $1,175,000 -51.7% 0.2%
WEPCO Federal Credit Union $670,000 $1,175,000 75.4% 0.2%
Victorian Finance, LLC $920,000 $1,135,000 23.4% 0.1%
CALIBER HOME LOANS, INC. $1,840,000 $1,085,000 -41.0% 0.1%
Chicago Mortgage Solutions LLC $1,625,000 $1,085,000 -33.2% 0.1%
PENTAGON FEDERAL CREDIT UNION $1,500,000 $985,000 -34.3% 0.1%
Putnam County Bank $225,000 $950,000 322.2% 0.1%
FIRST HOME MORTGAGE CORPORATION $900,000 n/a 0.1%
Simmons Bank $275,000 $895,000 225.5% 0.1%
CHURCHILL MORTGAGE CORPORATION $525,000 $890,000 69.5% 0.1%
Discover Bank $305,000 $785,000 157.4% 0.1%
SUN WEST MORTGAGE COMPANY, INC. $605,000 $745,000 23.1% 0.1%
Pendleton Community Bank, Inc. $275,000 $705,000 156.4% 0.1%
North American Savings Bank, F.S.B. $780,000 $690,000 -11.5% 0.1%
First Commonwealth Bank $3,505,000 $680,000 -80.6% 0.1%
LENDINGHOME FUNDING CORPORATION $640,000 n/a 0.1%
21ST MORTGAGE CORPORATION $980,000 $635,000 -35.2% 0.1%
TRIAD FINANCIAL SERVICES, INC. $220,000 $635,000 188.6% 0.1%
GUARANTEED RATE, INC. $1,680,000 $590,000 -64.9% 0.1%
GUIDANCE RESIDENTIAL, LLC $195,000 $540,000 176.9% 0.1%
Northwest Bank $410,000 $505,000 23.2% 0.1%
Wyndham Capital Mortgage, Inc. $1,555,000 $495,000 -68.2% 0.1%
BNC National Bank $490,000 n/a 0.1%
FirstBank $905,000 $490,000 -45.9% 0.1%
SIWELL, INC. $455,000 $490,000 7.7% 0.1%
Stride Bank $485,000 n/a 0.1%
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $760,000 $480,000 -36.8% 0.1%
T2 FINANCIAL LLC $475,000 n/a 0.1%
LIBERTY HOME MORTGAGE CORPORATION $1,275,000 $460,000 -63.9% 0.1%
George Mason Mortgage, LLC $295,000 $435,000 47.5% 0.1%
KeyBank $1,055,000 $430,000 -59.2% 0.1%
The Dart Bank $425,000 n/a 0.1%
The Farmers National Bank of Emlenton $425,000 n/a 0.1%
Barrington Bank & Trust Company, N.A. $1,360,000 $420,000 -69.1% 0.1%
M&T Bank $1,985,000 $410,000 -79.3% 0.1%
Integrity Home Mortgage Corp $165,000 $395,000 139.4% 0.1%
Carrington Mortgage Services, LLC $1,375,000 $390,000 -71.6% 0.1%
MILLENNIUM FINANCIAL GROUP, INC. $345,000 $390,000 13.0% 0.1%
FRANKLIN MINT $745,000 $385,000 -48.3% 0.0%
First State Bank of St. Charles, Missouri $375,000 n/a 0.0%
Colonial Savings, F.A. $760,000 $365,000 -52.0% 0.0%
Citibank $280,000 $360,000 28.6% 0.0%
EMBRACE HOME LOANS, INC. $915,000 $360,000 -60.7% 0.0%
CHESSIE $475,000 $355,000 -25.3% 0.0%
SIRVA MORTGAGE, INC. $355,000 n/a 0.0%
Towne Bank $690,000 $355,000 -48.6% 0.0%
STATE EMPLOYEES CREDIT UNION OF MARYLAND, INCORPORATED $55,000 $345,000 527.3% 0.0%
First Guaranty Mortgage Corporation $1,745,000 $335,000 -80.8% 0.0%
LAKEVIEW LOAN SERVICING, LLC $3,900,000 $330,000 -91.5% 0.0%
Bank of England $825,000 $325,000 -60.6% 0.0%
Bank of Whittier $510,000 $315,000 -38.2% 0.0%
NBKC BANK $475,000 $305,000 -35.8% 0.0%
Warsaw Federal Savings and Loan Association $295,000 n/a 0.0%
Quontic Bank $290,000 n/a 0.0%
Austin Capital Bank SSB $285,000 n/a 0.0%
MOVEMENT MORTGAGE, LLC $2,260,000 $270,000 -88.1% 0.0%
TOWER $190,000 $270,000 42.1% 0.0%
Paramount Residential Mortgage Group, Inc. $265,000 n/a 0.0%
TJC Mortgage, Inc. $265,000 n/a 0.0%
Florida Capital Bank $245,000 $255,000 4.1% 0.0%
First Horizon Bank $845,000 $245,000 -71.0% 0.0%
American Airlines Federal Credit Union $235,000 n/a 0.0%
DRAPER AND KRAMER MORTGAGE CORP. $65,000 $235,000 261.5% 0.0%
First-Citizens Bank & Trust Company $235,000 n/a 0.0%
Magnolia Bank $235,000 n/a 0.0%
Middletown Valley Bank $115,000 $235,000 104.3% 0.0%
NBH Bank $235,000 n/a 0.0%
Old National Bank $235,000 n/a 0.0%
PRIMARY RESIDENTIAL MORTGAGE, INC. $235,000 n/a 0.0%
Union Savings Bank $235,000 n/a 0.0%
AMERICAN ADVISORS GROUP $140,000 $225,000 60.7% 0.0%
Flanagan State Bank $225,000 n/a 0.0%
Gateway First Bank $790,000 $225,000 -71.5% 0.0%
GUILD MORTGAGE COMPANY $225,000 n/a 0.0%
MORIA DEVELOPMENT, INC. $225,000 n/a 0.0%
The Central Trust Bank $720,000 $225,000 -68.8% 0.0%
EQUITY RESOURCES, INC. $2,380,000 $215,000 -91.0% 0.0%
ROYAL UNITED MORTGAGE LLC $105,000 $215,000 104.8% 0.0%
EVERETT FINANCIAL, INC. $205,000 n/a 0.0%
Strong Home Mortgage, LLC $195,000 n/a 0.0%
Jefferson Security Bank $185,000 n/a 0.0%
Northpointe Bank $425,000 $185,000 -56.5% 0.0%
U. T. $185,000 n/a 0.0%
DIGITAL Federal Credit Union $175,000 n/a 0.0%
MORTGAGE SOLUTIONS OF COLORADO, LLC $385,000 $175,000 -54.5% 0.0%
Peoples Bank $2,465,000 $170,000 -93.1% 0.0%
Hometown Lenders, Inc. $155,000 n/a 0.0%
MCLEAN MORTGAGE CORPORATION $155,000 n/a 0.0%
Prosperity Home Mortgage, LLC $155,000 n/a 0.0%
Waterstone Mortgage Corporation $145,000 n/a 0.0%
CONTOUR MORTGAGE CORPORATION $275,000 $135,000 -50.9% 0.0%
RANLIFE, INC. $135,000 n/a 0.0%
Arvest Bank $125,000 n/a 0.0%
Raymond James Bank $115,000 n/a 0.0%
Servion, Inc. $240,000 $110,000 -54.2% 0.0%
Independence Bank of Kentucky $95,000 n/a 0.0%
West Central Bank $95,000 n/a 0.0%
1st Summit Bank $85,000 n/a 0.0%
Alcova Mortgage LLC $425,000 $85,000 -80.0% 0.0%
Community Bank $7,410,000 $85,000 -98.9% 0.0%
KINECTA $85,000 n/a 0.0%
Equity Prime Mortgage LLC $75,000 n/a 0.0%
Northwest Federal Credit Union $75,000 n/a 0.0%
PLANET HOME LENDING, LLC $700,000 $75,000 -89.3% 0.0%
Secured Investment Corp. $55,000 $75,000 36.4% 0.0%
CREDIT HUMAN FEDERAL CREDIT UNION $190,000 $65,000 -65.8% 0.0%
The Poca Valley Bank, Inc. $65,000 n/a 0.0%
BAYER HERITAGE $470,000 $45,000 -90.4% 0.0%
ASHLAND Credit Union $165,000 $35,000 -78.8% 0.0%
STAR USA FEDERAL CREDIT UNION $165,000 $35,000 -78.8% 0.0%
Belmont Savings Bank $830,000 $25,000 -97.0% 0.0%
NUMARK CREDIT UNION $45,000 $25,000 -44.4% 0.0%

MORGANTOWN's top lender by overall market share is First Federal Bank of the Midwest, with 12.7% market share. In second place, with 10.4%, is Clear Mountain Bank, having originated $79,720,000 in loans. In third place, with 7.7%, is WesBanco Bank, Inc., having originated $59,350,000 in loans. In fourth place, with 7.3%, is The Huntington National Bank, having originated $55,980,000 in loans. In fifth place, with 6.6%, is Wells Fargo Bank, having originated $50,565,000 in loans.


MORGANTOWN Housing Market Trends (Median, Average Prices & Listing Count)

Realtor.com - MORGANTOWN (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
2018-01-01 $215,000 (0.0%) $289,171 (3.5%) 0.80 582
2018-02-01 $222,450 (3.8%) $299,553 (8.2%) 0.81 540
2018-03-01 $240,000 (11.7%) $315,622 (13.2%) 0.84 496
2018-04-01 $244,725 (8.8%) $317,418 (9.4%) 0.83 527
2018-05-01 $246,500 (7.2%) $314,328 (5.8%) 0.82 567
2018-06-01 $239,900 (4.5%) $305,747 (1.6%) 0.80 591
2018-07-01 $239,700 (4.3%) $298,521 (-2.6%) 0.80 614
2018-08-01 $237,000 (3.5%) $304,234 (0.6%) 0.79 616
2018-09-01 $241,500 (9.8%) $305,047 (1.0%) 0.81 634
2018-10-01 $241,825 (10.1%) $305,567 (4.3%) 0.82 627
2018-11-01 $241,250 (12.1%) $303,246 (4.9%) 0.82 596
2018-12-01 $239,900 (11.4%) $298,427 (3.0%) 0.83 549
2019-01-01 $244,425 (13.7%) $308,918 (6.8%) 0.84 497
2019-02-01 $240,450 (8.1%) $313,040 (4.5%) 0.81 493
2019-03-01 $251,285 (4.7%) $321,200 (1.8%) 0.82 490
2019-04-01 $263,236 (7.6%) $326,395 (2.8%) 0.84 496
2019-05-01 $266,700 (8.2%) $327,262 (4.1%) 0.83 548
2019-06-01 $259,900 (8.3%) $322,524 (5.5%) 0.81 573
2019-07-01 $260,724 (8.8%) $323,205 (8.3%) 0.82 592
2019-08-01 $265,355 (12.0%) $322,333 (6.0%) 0.84 601
2019-09-01 $262,286 (8.6%) $320,270 (5.0%) 0.84 615
2019-10-01 $259,950 (7.5%) $318,763 (4.3%) 0.84 623
2019-11-01 $255,000 (5.7%) $306,472 (1.1%) 0.84 589
2019-12-01 $252,350 (5.2%) $300,286 (0.6%) 0.84 557
2020-01-01 $257,000 (5.1%) $307,763 (-0.4%) 0.86 479
2020-02-01 $267,200 (11.1%) $321,663 (2.8%) 0.87 468
2020-03-01 $274,975 (9.4%) $346,618 (7.9%) 0.86 465
2020-04-01 $275,675 (4.7%) $346,054 (6.0%) 0.86 466
2020-05-01 $294,000 (10.2%) $355,478 (8.6%) 0.89 428
2020-06-01 $293,000 (12.7%) $363,530 (12.7%) 0.86 396
2020-07-01 $284,725 (9.2%) $359,978 (11.4%) 0.83 380
2020-08-01 $279,000 (5.1%) $364,541 (13.1%) 0.80 376
2020-09-01 $277,000 (5.6%) $369,635 (15.4%) 0.79 364
2020-10-01 $273,950 (5.4%) $364,458 (14.3%) 0.79 359
2020-11-01 $271,475 (6.5%) $353,273 (15.3%) 0.79 326
2020-12-01 $272,500 (8.0%) $354,430 (18.0%) 0.81 296
2021-01-01 $276,250 (7.5%) $347,731 (13.0%) 0.82 261
2021-02-01 $276,970 (3.7%) $337,124 (4.8%) 0.81 234
2021-03-01 $294,850 (7.2%) $369,605 (6.6%) 0.84 208
2021-04-01 $304,900 (10.6%) $385,071 (11.3%) 0.83 201
2021-05-01 $299,900 (2.0%) $396,293 (11.5%) 0.80 192
2021-06-01 $307,948 (5.1%) $407,585 (12.1%) 0.81 205
2021-07-01 $285,000 (0.1%) $386,960 (7.5%) 0.75 227
2021-08-01 $275,000 (-1.4%) $379,581 (4.1%) 0.73 222
2021-09-01 $259,900 (-6.2%) $359,874 (-2.6%) 0.69 236
2021-10-01 $264,900 (-3.3%) $351,875 (-3.5%) 0.71 229
2021-11-01 $272,250 (0.3%) $355,283 (0.6%) 0.73 221
2021-12-01 $285,725 (4.9%) $356,760 (0.7%) 0.77 188
2022-01-01 $288,450 (4.4%) $347,000 (-0.2%) 0.78 137
2022-02-01 $286,000 (3.3%) $370,019 (9.8%) 0.74 123
2022-03-01 $299,900 (1.7%) $397,908 (7.7%) 0.75 136
2022-04-01 $299,950 (-1.6%) $406,376 (5.5%) 0.72 130
2022-05-01 $292,875 (-2.3%) $395,725 (-0.1%) 0.67 158
2022-06-01 $280,375 (-9.0%) $381,518 (-6.4%) 0.62 176
2022-07-01 $280,000 (-1.8%) $383,635 (-0.9%) 0.63 189
2022-08-01 $277,225 (0.8%) $355,441 (-6.4%) 0.64 211
2022-09-01 $274,725 (5.7%) $353,700 (-1.7%) 0.64 218
2022-10-01 $280,000 (5.7%) $380,759 (8.2%) 0.66 217
2022-11-01 $280,000 (2.9%) $396,276 (11.5%) 0.67 213
2022-12-01 $294,000 (2.9%) $411,661 (15.4%) 0.73 194
2023-01-01 $301,900 (4.7%) $441,633 (27.3%) 0.75 180
2023-02-01 $299,215 (4.6%) $450,322 (21.7%) 0.72 165
2023-03-01 $304,245 (1.5%) $472,467 (18.7%) 0.72 158
2023-04-01 $315,000 (5.0%) $504,089 (24.0%) 0.73 172
2023-05-01 $310,495 (6.0%) $475,609 (20.2%) 0.70 200
2023-06-01 $322,998 (15.2%) $474,564 (24.4%) 0.73 209
2023-07-01 $320,995 (14.6%) $468,837 (22.2%) 0.73 207
2023-08-01 $304,718 (9.9%) $450,058 (26.6%) 0.70 228
2023-09-01 $315,000 (14.7%) $435,332 (23.1%) 0.73 252
2023-10-01 $303,495 (8.4%) $413,832 (8.7%) 0.71 257
2023-11-01 $299,973 (7.1%) $401,324 (1.3%) 0.71 255
2023-12-01 $317,000 (7.8%) $410,177 (-0.4%) 0.77 229
2024-01-01 $325,000 (7.7%) $423,813 (-4.0%) 0.79 197
2024-02-01 $329,500 (10.1%) $422,913 (-6.1%) 0.79 183
MORGANTOWN's median listing price for 2024-02-01 was $329,500, a difference of $30,285 (10.1%) versus the prior year and $4,500 versus the prior month.

MORGANTOWN's median listing price comes in at 79% of the national average.

MORGANTOWN's average listing price for 2024-02-01 was $422,913, a difference of $-27,409 (-6.1%) versus the prior year and $-900 versus the prior month.

For the 2024-02-01 period, MORGANTOWN had 183 MLS listings, a difference of -14 listings (-7%) versus the prior month and 18 listings (11%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - MORGANTOWN (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 118 days 1,965 sqft
2018-02-01 121 days 1,958 sqft
2018-03-01 121 days 2,059 sqft
2018-04-01 80 days 2,044 sqft
2018-05-01 66 days 1,999 sqft
2018-06-01 67 days 1,983 sqft
2018-07-01 71 days 1,974 sqft
2018-08-01 78 days 1,976 sqft
2018-09-01 87 days 1,976 sqft
2018-10-01 86 days 2,001 sqft
2018-11-01 91 days 1,943 sqft
2018-12-01 103 days 1,900 sqft
2019-01-01 109 days 1,899 sqft
2019-02-01 114 days 1,897 sqft
2019-03-01 96 days 1,963 sqft
2019-04-01 69 days 2,012 sqft
2019-05-01 59 days 2,049 sqft
2019-06-01 70 days 2,019 sqft
2019-07-01 75 days 2,034 sqft
2019-08-01 81 days 2,040 sqft
2019-09-01 84 days 2,017 sqft
2019-10-01 87 days 1,998 sqft
2019-11-01 96 days 1,985 sqft
2019-12-01 111 days 1,941 sqft
2020-01-01 123 days 2,005 sqft
2020-02-01 117 days 2,076 sqft
2020-03-01 76 days 2,217 sqft
2020-04-01 74 days 2,189 sqft
2020-05-01 80 days 2,215 sqft
2020-06-01 84 days 2,248 sqft
2020-07-01 65 days 2,176 sqft
2020-08-01 58 days 2,155 sqft
2020-09-01 66 days 2,158 sqft
2020-10-01 74 days 2,100 sqft
2020-11-01 89 days 2,075 sqft
2020-12-01 87 days 1,942 sqft
2021-01-01 89 days 2,005 sqft
2021-02-01 84 days 1,975 sqft
2021-03-01 75 days 2,126 sqft
2021-04-01 60 days 2,100 sqft
2021-05-01 52 days 2,205 sqft
2021-06-01 52 days 2,121 sqft
2021-07-01 50 days 1,982 sqft
2021-08-01 52 days 1,945 sqft
2021-09-01 57 days 1,863 sqft
2021-10-01 57 days 1,875 sqft
2021-11-01 66 days 1,875 sqft
2021-12-01 73 days 1,821 sqft
2022-01-01 80 days 1,821 sqft
2022-02-01 78 days 1,856 sqft
2022-03-01 50 days 1,932 sqft
2022-04-01 45 days 1,892 sqft
2022-05-01 47 days 1,921 sqft
2022-06-01 46 days 1,872 sqft
2022-07-01 50 days 1,825 sqft
2022-08-01 52 days 1,781 sqft
2022-09-01 53 days 1,818 sqft
2022-10-01 65 days 1,856 sqft
2022-11-01 66 days 1,874 sqft
2022-12-01 78 days 1,895 sqft
2023-01-01 79 days 1,888 sqft
2023-02-01 87 days 1,885 sqft
2023-03-01 77 days 1,860 sqft
2023-04-01 50 days 1,940 sqft
2023-05-01 46 days 1,919 sqft
2023-06-01 50 days 1,915 sqft
2023-07-01 52 days 1,940 sqft
2023-08-01 55 days 1,948 sqft
2023-09-01 54 days 1,940 sqft
2023-10-01 60 days 1,927 sqft
2023-11-01 65 days 1,939 sqft
2023-12-01 73 days 1,940 sqft
2024-01-01 85 days 1,957 sqft
2024-02-01 85 days 1,938 sqft
MORGANTOWN's median listing age (time on market) for 2024-02-01 was 85 days. This is -2% shorter than the same period one year ago.

MORGANTOWN's median square footage for active listings during the 2024-02-01 period was 1,938 sqft. One year prior, the average listing was 1,885 sqft.

MORGANTOWN, WV Average Rent (2023)

Zoom/scroll map to see average rent by zip code. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results.

For additional perspective within a market, below is information regarding the average rents (as defined by HUD) for zip codes within the metro area. Descriptive statistics (average, median) are shown below the table.
Zip Code Metro Studio Apartment Rent 1BR Apartment Rent 2BR Apartment Rent 3BR Apartment Rent 4BR Apartment Rent
26287 Morgantown, WV $640 $650 $780 $1,050 $1,350
26354 Morgantown, WV $730 $740 $900 $1,220 $1,540
26374 Morgantown, WV $640 $650 $780 $1,050 $1,350
26405 Morgantown, WV $640 $650 $780 $1,050 $1,350
26410 Morgantown, WV $670 $680 $830 $1,120 $1,420
26425 Morgantown, WV $640 $650 $780 $1,050 $1,350
26440 Morgantown, WV $650 $650 $800 $1,080 $1,370
26444 Morgantown, WV $640 $650 $780 $1,050 $1,350
26501 Morgantown, WV $670 $680 $830 $1,120 $1,420
26504 Morgantown, WV $730 $740 $900 $1,220 $1,540
26505 Morgantown, WV $760 $770 $940 $1,270 $1,610
26506 Morgantown, WV $730 $740 $900 $1,220 $1,540
26507 Morgantown, WV $730 $740 $900 $1,220 $1,540
26508 Morgantown, WV $760 $770 $940 $1,270 $1,610
26519 Morgantown, WV $670 $670 $820 $1,110 $1,400
26520 Morgantown, WV $640 $650 $780 $1,050 $1,350
26521 Morgantown, WV $640 $650 $780 $1,050 $1,350
26524 Morgantown, WV $640 $650 $780 $1,050 $1,350
26525 Morgantown, WV $640 $650 $790 $1,070 $1,350
26527 Morgantown, WV $730 $740 $900 $1,220 $1,540
26531 Morgantown, WV $730 $740 $900 $1,220 $1,540
26534 Morgantown, WV $640 $650 $780 $1,050 $1,350
26537 Morgantown, WV $640 $650 $780 $1,050 $1,350
26541 Morgantown, WV $640 $650 $780 $1,050 $1,350
26542 Morgantown, WV $640 $650 $780 $1,050 $1,350
26543 Morgantown, WV $640 $650 $790 $1,070 $1,360
26544 Morgantown, WV $730 $740 $900 $1,220 $1,540
26546 Morgantown, WV $730 $740 $900 $1,220 $1,540
26547 Morgantown, WV $640 $650 $780 $1,050 $1,350
26554 Morgantown, WV $720 $720 $880 $1,190 $1,510
26562 Morgantown, WV $730 $740 $900 $1,220 $1,540
26570 Morgantown, WV $640 $650 $780 $1,050 $1,350
26582 Morgantown, WV $730 $740 $900 $1,220 $1,540
26585 Morgantown, WV $730 $740 $900 $1,220 $1,540
26588 Morgantown, WV $640 $650 $780 $1,050 $1,350
26590 Morgantown, WV $730 $740 $900 $1,220 $1,540
26705 Morgantown, WV $640 $650 $780 $1,050 $1,350
26716 Morgantown, WV $640 $650 $780 $1,050 $1,350
26764 Morgantown, WV $640 $650 $780 $1,050 $1,350

2022 Average & Median Rent Data Statistics
MORGANTOWN, WV average 1BR rent: $688, median: $650
MORGANTOWN, WV average 2BR rent: $832, median: $790
MORGANTOWN, WV average 3BR rent: $1,124, median: $1,070

MORGANTOWN, WV Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 1,738 $473,990,000 $272,722
Refi 381 $193,315,000 $507,388
Cash Out Refi 276 $58,270,000 $211,123
Home Improvement 196 $29,280,000 $149,388
Other 140 $15,370,000 $109,786

Morgantown's most frequently cited loan purpose was Home Purchase, with 1,738 originations. The 2nd most popular reason was Refi, with 381 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
3-4% 693 $219,665,000 $316,977
4-5% 629 $221,105,000 $351,518
5-6% 561 $123,475,000 $220,098
2.5-3% 233 $56,905,000 $244,227
6-7% 209 $43,725,000 $209,211
<2.5% 119 $22,325,000 $187,605
Over 8% 70 $5,710,000 $81,571
7-8% 65 $11,125,000 $171,154

During 2022, Morgantown's most frequently originated rate bucket was 3-4%, with 693 originations.

Loan Sizing (MORGANTOWN, WV MSA)

Loan Size Originations Total Value Average Loan
$200k-400k 1,040 $288,210,000 $277,125
$100k-200k 862 $129,400,000 $150,116
$100,000 or less 488 $31,270,000 $64,078
$400k-600k 229 $109,525,000 $478,275
$600k-1000k 69 $49,935,000 $723,696
$Over $1MM 43 $161,885,000 $3,764,767

MORGANTOWN's loan sizing saw the bucket of loans from $200k-400k with 1,040 originations, totaling $288,210,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 1,178 $331,460,000 $281,375
60-80% 668 $187,590,000 $280,823
40-60% 270 $119,180,000 $441,407
20-40% 254 $47,000,000 $185,039
Under 20% 174 $9,630,000 $55,345
Over 100% 20 $6,380,000 $319,000

MORGANTOWN's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 1,178 originations, totaling $331,460,000 in origination value.