MORGANTOWN Mortgage Rates & Closing Costs

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

    30 Year Fixed Rate mortgages in Morgantown averaged 6.62% for the week of 2024-04-18, compared to the national average of 7.1% for the same period.

    The average rate for the prior week (2024-04-11) was 6.7% and one month ago for the week of 2024-03-14, the average rate was 6.66%.

    Morgantown's average rate one year ago was 5.99%.

    For refis of the same type during the week of 2024-04-18, the average rate was 7.2%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2024-04-18 7.1%
    Morgantown 30 Year Fixed Rate 2024-04-18 6.62%
    Morgantown 30 Year Fixed Rate Refi 2024-04-18 7.2%
    Morgantown 15 Year Fixed Rate 2024-04-18 6.39%
    Morgantown 15 Year Fixed Rate Refi 2024-04-18 6.39%
    Morgantown 30 Year FHA 2024-04-18 6.54%
    Morgantown 30 Year FHA Refi 2024-04-18 7.06%
    Morgantown 30 Year USDA 2024-04-18 6.96%
    Morgantown 30 Year USDA Refi 2024-04-18 6.76%
    Morgantown 30 Year VA 2024-04-18 6.37%
    Morgantown 30 Year VA Refi 2024-04-18 6.86%
    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 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    Clear Mountain Bank 109 6.75% $3,756
    The Huntington National Bank 78 6.49% $4,700
    QUICKEN LOANS, LLC 54 6.67% $6,341
    INTERCOASTAL MORTGAGE COMPANY 50 6.40% $4,638
    UNITED WHOLESALE MORTGAGE, LLC 49 6.66% $5,554
    PNC Bank 46 6.63% $4,931
    First National Bank of Pennsylvania 40 6.47% $4,584
    First Federal Bank of the Midwest 38 6.22% $4,634
    WesBanco 37 6.31% $4,693
    City National Bank of West Virginia 31 6.15% $1,971
    NVR Mortgage Finance, Inc. 30 6.11% $7,894
    First Federal Savings and Loan Association of Greene Co 22 6.11% $2,990
    FAIRMONT 21 5.70% $3,150
    United Bank 20 6.28% $4,427
    LOANDEPOT.COM, LLC 18 6.21% $5,351
    Truist 16 6.44% $4,529
    Sierra Pacific Mortgage Company, Inc. 13 6.43% $10,931
    JPMorgan Chase Bank 12 6.67% $3,720
    DAS Acquisition Company, LLC 8 6.53% $6,815
    ZILLOW HOME LOANS, LLC 6 6.69% $6,454
    Summit Community Bank, Inc. 6 6.59% $3,610
    Wells Fargo Bank 5 7.50% $5,836
    Mortgage Research Center, LLC 5 7.10% $4,890
    USAA Federal Savings Bank 5 6.48% $4,184
    GUIDANCE RESIDENTIAL, LLC 4 6.97% $9,782
    NAVY FEDERAL CREDIT UNION 4 7.03% $3,695
    PRIMELENDING, A PLAINSCAPITAL COMPANY 3 7.29% $6,248
    Citizens Bank 3 6.42% $7,534
    Victorian Finance, LLC 3 6.54% $5,583
    BETTER MORTGAGE CORPORATION 3 6.08% $5,371
    AMERICAN FINANCING CORPORATION 3 6.92% $7,095
    Bank of America 3 6.42% $7,722
    Mr. Cooper ( Nationstar Mortgage ) 3 7.20% $10,278
    FREEDOM MORTGAGE CORPORATION 3 7.38% $7,549
    CROSSCOUNTRY MORTGAGE, LLC 3 6.83% $5,729
    BROKER SOLUTIONS, INC. 2 7.31% $7,247
    ACADEMY MORTGAGE CORPORATION 2 7.38% $3,262
    Bank of England 2 6.38% $4,929
    BMO Harris Bank 2 5.88% $5,246
    Clearview Federal Credit Union 2 6.29% $3,690
    Magnolia Bank 2 6.81% $9,359
    MOVEMENT MORTGAGE, LLC 2 6.28% $4,661
    NEWREZ LLC 2 6.49% $11,448
    PENTAGON FEDERAL CREDIT UNION 2 6.75% $4,297
    Peoples Bank 2 7.25% $4,331
    SOMERSET TRUST COMPANY 2 6.75% $4,610
    M&T Bank 1 6.75% $4,423
    Flagstar Bank, FSB 1 7.49% $7,760
    NBKC BANK 1 7.00% $2,464
    Atlantic Union Bank 1 6.88% $4,281
    NFM, INC. 1 6.38% $8,690
    Northpointe Bank 1 6.13% $5,820
    FIRST HOME MORTGAGE CORPORATION 1 7.49% $4,278
    OHIO VALLEY COMMUNITY FEDERAL CREDIT UNION 1 6.50% $5,076
    PENNYMAC LOAN SERVICES, LLC 1 7.38% $5,113
    AMERISAVE MORTGAGE CORPORATION 1 6.13% $4,985
    Wilmington Savings Fund Society, FSB 1 6.38% $2,720
    First Heritage Mortgage, LLC 1 6.88% $3,212
    First Federal Bank 1 6.63% $3,366
    First Commonwealth Bank 1 6.13% $5,251
    ROYAL UNITED MORTGAGE LLC 1 7.50% $13,367
    Farm Credit of the Virginias, ACA 1 8.50% $2,081
    AMERICAN PACIFIC MORTGAGE CORPORATION 1 6.38% $5,766
    S&T Bank 1 5.75% $4,339
    Stifel Bank and Trust 1 6.25% $2,373
    DIGITAL Federal Credit Union 1 6.25% $3,975
    T2 FINANCIAL LLC 1 6.38% $3,975
    DEVELOPER'S MORTGAGE COMPANY 1 6.75% $3,388
    The United Federal Credit Union 1 8.00% $1,954
    CRESCENT MORTGAGE COMPANY 1 7.38% $5,388
    UNION HOME MORTGAGE CORP. 1 6.25% $4,283
    CREDIT UNION MORTGAGE ASSOCIATION, INC. 1 7.25% $4,864
    CHURCHILL MORTGAGE CORPORATION 1 7.88% $3,759
    Univest Bank and Trust Co. 1 7.50% $4,794
    LAKEVIEW LOAN SERVICING, LLC 1 6.63% $4,506
    CARDINAL FINANCIAL 1 7.50% $4,170
    Morgan Stanley Private Bank 1 7.65% $3,240
    Integrity Home Mortgage Corp 1 7.13% $5,794
    21ST MORTGAGE CORPORATION 1 8.40% $5,647
    GENEVA FINANCIAL, LLC 1 7.63% $4,934

    MORGANTOWN Average Closing Costs & Other Stats

    MORGANTOWN, WV's 80 lenders originated 1,906 loans during 2023. The total origination value was $447,220,000, with an average loan value of $234,638.

    MORGANTOWN's average closing costs are $4,556.

    The top MORGANTOWN lender as defined by loan originations is Clear Mountain Bank, with 109 loans originated. Their average total fees are $3,756, which is $944 lower than the next largest lender, The Huntington National Bank.

    The lowest fee MORGANTOWN lenders (with over 10 loans originated) are City National Bank of West Virginia ($1,971), First Federal Savings and Loan Association of Greene Co ($2,990), FAIRMONT ($3,150), JPMorgan Chase Bank ($3,720) and Clear Mountain Bank ($3,756).

    The lowest rate MORGANTOWN lenders (with over 10 loans originated) are FAIRMONT (5.70%), First Federal Savings and Loan Association of Greene Co (6.11%), NVR Mortgage Finance, Inc. (6.11%), City National Bank of West Virginia (6.15%) and LOANDEPOT.COM, LLC (6.21%).

    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 2022 Loan Value 2023 Loan Value % Change 2023 Market Share
    Clear Mountain Bank $79,720,000 $50,680,000 -36.4% 11.3%
    The Huntington National Bank $55,980,000 $45,830,000 -18.1% 10.2%
    UNITED WHOLESALE MORTGAGE, LLC $9,920,000 $20,675,000 108.4% 4.6%
    QUICKEN LOANS, LLC $26,175,000 $19,675,000 -24.8% 4.4%
    First Federal Bank of the Midwest $97,615,000 $19,025,000 -80.5% 4.3%
    United Bank $24,530,000 $18,940,000 -22.8% 4.2%
    WesBanco $59,350,000 $18,910,000 -68.1% 4.2%
    PNC Bank $26,110,000 $18,775,000 -28.1% 4.2%
    First National Bank of Pennsylvania $4,955,000 $18,360,000 270.5% 4.1%
    First Exchange Bank $18,275,000 $18,145,000 -0.7% 4.1%
    NVR Mortgage Finance, Inc. $23,985,000 $16,645,000 -30.6% 3.7%
    INTERCOASTAL MORTGAGE COMPANY $22,045,000 $15,685,000 -28.9% 3.5%
    First United Corporation $13,340,000 $13,025,000 -2.4% 2.9%
    Truist $20,050,000 $12,950,000 -35.4% 2.9%
    First Federal Savings and Loan Association of Greene Co $14,380,000 $9,930,000 -30.9% 2.2%
    City National Bank of West Virginia $15,705,000 $8,800,000 -44.0% 2.0%
    Peoples Bank $170,000 $8,285,000 4,773.5% 1.9%
    Mortgage Research Center, LLC $8,795,000 $7,375,000 -16.1% 1.6%
    LOANDEPOT.COM, LLC $14,325,000 $7,105,000 -50.4% 1.6%
    Sierra Pacific Mortgage Company, Inc. $5,330,000 $7,080,000 32.8% 1.6%
    FAIRMONT $8,310,000 $5,395,000 -35.1% 1.2%
    Summit Community Bank, Inc. $3,285,000 $4,260,000 29.7% 1.0%
    NAVY FEDERAL CREDIT UNION $6,550,000 $4,185,000 -36.1% 0.9%
    JPMorgan Chase Bank $4,235,000 $3,990,000 -5.8% 0.9%
    VANDERBILT MORTGAGE AND FINANCE, INC. $3,030,000 $2,785,000 -8.1% 0.6%
    Flagstar Bank, FSB $6,735,000 $2,540,000 -62.3% 0.6%
    Regions Bank $2,505,000 n/a 0.6%
    The Grant County Bank $7,030,000 $2,445,000 -65.2% 0.5%
    DAS Acquisition Company, LLC $1,685,000 $2,440,000 44.8% 0.5%
    USAA Federal Savings Bank $2,020,000 $2,440,000 20.8% 0.5%
    ZILLOW HOME LOANS, LLC $2,215,000 n/a 0.5%
    BROKER SOLUTIONS, INC. $1,540,000 $1,765,000 14.6% 0.4%
    Bank of America $1,415,000 $1,755,000 24.0% 0.4%
    PRIMELENDING, A PLAINSCAPITAL COMPANY $3,835,000 $1,655,000 -56.8% 0.4%
    Belmont Savings Bank $25,000 $1,570,000 6,180.0% 0.4%
    GUIDANCE RESIDENTIAL, LLC $540,000 $1,530,000 183.3% 0.3%
    The United Federal Credit Union $2,940,000 $1,510,000 -48.6% 0.3%
    Mr. Cooper ( Nationstar Mortgage ) $2,115,000 $1,435,000 -32.2% 0.3%
    U.S. Bank $3,245,000 $1,310,000 -59.6% 0.3%
    MOVEMENT MORTGAGE, LLC $270,000 $1,305,000 383.3% 0.3%
    CROSSCOUNTRY MORTGAGE, LLC $1,240,000 $1,135,000 -8.5% 0.3%
    SOMERSET TRUST COMPANY $1,115,000 n/a 0.2%
    Citizens Bank $1,175,000 $1,075,000 -8.5% 0.2%
    Bank of England $325,000 $1,005,000 209.2% 0.2%
    FREEDOM MORTGAGE CORPORATION $3,750,000 $995,000 -73.5% 0.2%
    NEWREZ LLC $1,240,000 $995,000 -19.8% 0.2%
    Wells Fargo Bank $50,565,000 $955,000 -98.1% 0.2%
    AMERICAN FINANCING CORPORATION $940,000 n/a 0.2%
    Victorian Finance, LLC $1,135,000 $925,000 -18.5% 0.2%
    21ST MORTGAGE CORPORATION $635,000 $920,000 44.9% 0.2%
    BETTER MORTGAGE CORPORATION $2,320,000 $910,000 -60.8% 0.2%
    Burke & Herbert Bank & Trust Company $905,000 n/a 0.2%
    PENTAGON FEDERAL CREDIT UNION $985,000 $865,000 -12.2% 0.2%
    Putnam County Bank $950,000 $850,000 -10.5% 0.2%
    First Commonwealth Bank $680,000 $820,000 20.6% 0.2%
    S&T Bank $760,000 n/a 0.2%
    AMERISAVE MORTGAGE CORPORATION $6,835,000 $740,000 -89.2% 0.2%
    Centennial Bank $725,000 n/a 0.2%
    BMO Harris Bank $710,000 n/a 0.2%
    Community Bank $85,000 $710,000 735.3% 0.2%
    WEPCO Federal Credit Union $1,175,000 $710,000 -39.6% 0.2%
    SUN WEST MORTGAGE COMPANY, INC. $745,000 $705,000 -5.4% 0.2%
    Equity Prime Mortgage LLC $75,000 $660,000 780.0% 0.1%
    TRIAD FINANCIAL SERVICES, INC. $635,000 $660,000 3.9% 0.1%
    First Community Bank $1,985,000 $625,000 -68.5% 0.1%
    TIDEWATER MORTGAGE SERVICES, INC. $615,000 n/a 0.1%
    Clearview Federal Credit Union $555,000 n/a 0.1%
    Magnolia Bank $235,000 $550,000 134.0% 0.1%
    NBKC BANK $305,000 $520,000 70.5% 0.1%
    PENNYMAC LOAN SERVICES, LLC $1,195,000 $480,000 -59.8% 0.1%
    Prosperity Home Mortgage, LLC $155,000 $480,000 209.7% 0.1%
    DIGITAL Federal Credit Union $175,000 $475,000 171.4% 0.1%
    ROYAL UNITED MORTGAGE LLC $215,000 $470,000 118.6% 0.1%
    ARK-LA-TEX FINANCIAL SERVICES, LLC. $465,000 n/a 0.1%
    ACADEMY MORTGAGE CORPORATION $460,000 n/a 0.1%
    Univest Bank and Trust Co. $455,000 n/a 0.1%
    Renasant Bank $450,000 n/a 0.1%
    First-Citizens Bank & Trust Company $235,000 $445,000 89.4% 0.1%
    CARDINAL FINANCIAL $480,000 $440,000 -8.3% 0.1%
    LAKEVIEW LOAN SERVICING, LLC $330,000 $440,000 33.3% 0.1%
    CREDIT UNION MORTGAGE ASSOCIATION, INC. $420,000 n/a 0.1%
    FIRST NEIGHBORHOOD BANK INC $420,000 n/a 0.1%
    JUSTICE Federal Credit Union $1,390,000 $405,000 -70.9% 0.1%
    NEXTMARK $405,000 n/a 0.1%
    Armed Forces Bank $375,000 n/a 0.1%
    Paramount Residential Mortgage Group, Inc. $265,000 $365,000 37.7% 0.1%
    Discover Bank $785,000 $355,000 -54.8% 0.1%
    BAY EQUITY LLC $325,000 n/a 0.1%
    BAYER HERITAGE $45,000 $325,000 622.2% 0.1%
    FIRST HOME MORTGAGE CORPORATION $900,000 $325,000 -63.9% 0.1%
    LIBERTY HOME MORTGAGE CORPORATION $460,000 $325,000 -29.3% 0.1%
    UNION HOME MORTGAGE CORP. $2,795,000 $315,000 -88.7% 0.1%
    Morgan Stanley Private Bank $1,660,000 $310,000 -81.3% 0.1%
    First Heritage Mortgage, LLC $295,000 n/a 0.1%
    AMERICAN FINANCIAL NETWORK, INC. $285,000 n/a 0.1%
    HOMESPIRE MORTGAGE CORPORATION $1,310,000 $285,000 -78.2% 0.1%
    MILLENNIUM FINANCIAL GROUP, INC. $390,000 $285,000 -26.9% 0.1%
    OHIO VALLEY COMMUNITY FEDERAL CREDIT UNION $285,000 n/a 0.1%
    Farm Credit of the Virginias, ACA $1,685,000 $280,000 -83.4% 0.1%
    MICHIGAN MUTUAL, INC. $275,000 n/a 0.1%
    CREDIT HUMAN FEDERAL CREDIT UNION $65,000 $270,000 315.4% 0.1%
    Mid-Continent Funding, Inc. $235,000 n/a 0.1%
    Gateway First Bank $225,000 $230,000 2.2% 0.1%
    GUILD MORTGAGE COMPANY $225,000 $225,000 0.0% 0.1%
    First Federal Bank $215,000 n/a 0.0%
    LENDINGHOME FUNDING CORPORATION $640,000 $210,000 -67.2% 0.0%
    Carrington Mortgage Services, LLC $390,000 $205,000 -47.4% 0.0%
    Century Mortgage Company DBA Century Lending Company $205,000 n/a 0.0%
    POLARIS HOME FUNDING CORP. $205,000 n/a 0.0%
    Stifel Bank and Trust $205,000 n/a 0.0%
    M&T Bank $410,000 $200,000 -51.2% 0.0%
    NFM, INC. $2,390,000 $195,000 -91.8% 0.0%
    T2 FINANCIAL LLC $475,000 $195,000 -58.9% 0.0%
    Wilmington Savings Fund Society, FSB $195,000 n/a 0.0%
    Pendleton Community Bank, Inc. $705,000 $185,000 -73.8% 0.0%
    FINANCE OF AMERICA REVERSE LLC $175,000 n/a 0.0%
    Integrity Home Mortgage Corp $395,000 $175,000 -55.7% 0.0%
    MORTGAGE SOLUTIONS OF COLORADO, LLC $175,000 $175,000 0.0% 0.0%
    SIWELL, INC. $490,000 $175,000 -64.3% 0.0%
    CRESCENT MORTGAGE COMPANY $165,000 n/a 0.0%
    GUARANTEED RATE, INC. $590,000 $165,000 -72.0% 0.0%
    C & F Mortgage Corporation $155,000 n/a 0.0%
    Northpointe Bank $185,000 $155,000 -16.2% 0.0%
    KINECTA $85,000 $145,000 70.6% 0.0%
    VELOCITY COMMERCIAL CAPITAL, LLC $145,000 n/a 0.0%
    Atlantic Union Bank $135,000 n/a 0.0%
    DEVELOPER'S MORTGAGE COMPANY $135,000 n/a 0.0%
    GENEVA FINANCIAL, LLC $135,000 n/a 0.0%
    HOMEBRIDGE FINANCIAL SERVICES, INC. $135,000 n/a 0.0%
    CHURCHILL MORTGAGE CORPORATION $890,000 $125,000 -86.0% 0.0%
    AMERICAN PACIFIC MORTGAGE CORPORATION $115,000 n/a 0.0%
    Fifth Third Bank $2,090,000 $110,000 -94.7% 0.0%
    Barrington Bank & Trust Company, N.A. $420,000 $105,000 -75.0% 0.0%
    Community Bank of Parkersburg $85,000 n/a 0.0%
    Bank-Fund Staff Federal Credit Union $75,000 n/a 0.0%
    Farmers Bank & Trust $75,000 n/a 0.0%
    ACT 1ST FCU $65,000 n/a 0.0%
    Citibank $360,000 $55,000 -84.7% 0.0%
    1st Summit Bank $85,000 $45,000 -47.1% 0.0%
    ASHLAND Credit Union $35,000 $35,000 0.0% 0.0%
    Servion, Inc. $110,000 $35,000 -68.2% 0.0%
    STAR USA FEDERAL CREDIT UNION $35,000 $25,000 -28.6% 0.0%

    MORGANTOWN's top lender by overall market share is Clear Mountain Bank, with 11.3% market share. In second place, with 10.2%, is The Huntington National Bank, having originated $45,830,000 in loans. In third place, with 4.6%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $20,675,000 in loans. In fourth place, with 4.4%, is QUICKEN LOANS, LLC, having originated $19,675,000 in loans. In fifth place, with 4.3%, is First Federal Bank of the Midwest, having originated $19,025,000 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
    2024-03-01 $330,000 (8.5%) $435,823 (-7.8%) 0.78 202
    MORGANTOWN's median listing price for 2024-03-01 was $330,000, a difference of $25,755 (8.5%) versus the prior year and $500 versus the prior month.

    MORGANTOWN's median listing price comes in at 78% of the national average.

    MORGANTOWN's average listing price for 2024-03-01 was $435,823, a difference of $-36,644 (-7.8%) versus the prior year and $12,910 versus the prior month.

    For the 2024-03-01 period, MORGANTOWN had 202 MLS listings, a difference of 19 listings (10%) versus the prior month and 44 listings (28%) 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
    2024-03-01 58 days 1,947 sqft
    MORGANTOWN's median listing age (time on market) for 2024-03-01 was 58 days. This is -25% shorter than the same period one year ago.

    MORGANTOWN's median square footage for active listings during the 2024-03-01 period was 1,947 sqft. One year prior, the average listing was 1,860 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 MSA $660 $660 $820 $1,090 $1,400
    26354 Morgantown, WV MSA $790 $800 $1,000 $1,310 $1,700
    26374 Morgantown, WV MSA $680 $690 $860 $1,130 $1,460
    26405 Morgantown, WV MSA $660 $660 $820 $1,090 $1,400
    26410 Morgantown, WV MSA $710 $710 $890 $1,170 $1,520
    26425 Morgantown, WV MSA $660 $660 $810 $1,090 $1,380
    26440 Morgantown, WV MSA $710 $710 $890 $1,170 $1,520
    26444 Morgantown, WV MSA $660 $660 $820 $1,090 $1,390
    26501 Morgantown, WV MSA $720 $730 $910 $1,190 $1,550
    26504 Morgantown, WV MSA $790 $800 $1,000 $1,310 $1,700
    26505 Morgantown, WV MSA $820 $820 $1,030 $1,350 $1,750
    26506 Morgantown, WV MSA $790 $800 $1,000 $1,310 $1,700
    26507 Morgantown, WV MSA $790 $800 $1,000 $1,310 $1,700
    26508 Morgantown, WV MSA $830 $840 $1,050 $1,380 $1,790
    26519 Morgantown, WV MSA $700 $700 $880 $1,150 $1,500
    26520 Morgantown, WV MSA $660 $660 $810 $1,090 $1,380
    26521 Morgantown, WV MSA $660 $660 $810 $1,090 $1,380
    26524 Morgantown, WV MSA $660 $660 $820 $1,090 $1,400
    26525 Morgantown, WV MSA $690 $690 $870 $1,140 $1,480
    26527 Morgantown, WV MSA $790 $800 $1,000 $1,310 $1,700
    26531 Morgantown, WV MSA $790 $800 $1,000 $1,310 $1,700
    26534 Morgantown, WV MSA $670 $680 $850 $1,110 $1,450
    26537 Morgantown, WV MSA $660 $660 $820 $1,090 $1,400
    26541 Morgantown, WV MSA $660 $660 $810 $1,090 $1,380
    26542 Morgantown, WV MSA $690 $690 $870 $1,140 $1,480
    26543 Morgantown, WV MSA $690 $700 $870 $1,140 $1,480
    26544 Morgantown, WV MSA $790 $800 $1,000 $1,310 $1,700
    26546 Morgantown, WV MSA $790 $800 $1,000 $1,310 $1,700
    26547 Morgantown, WV MSA $660 $660 $810 $1,090 $1,380
    26554 Morgantown, WV MSA $770 $770 $970 $1,270 $1,650
    26562 Morgantown, WV MSA $790 $800 $1,000 $1,310 $1,700
    26570 Morgantown, WV MSA $660 $660 $830 $1,090 $1,410
    26582 Morgantown, WV MSA $790 $800 $1,000 $1,310 $1,700
    26585 Morgantown, WV MSA $790 $800 $1,000 $1,310 $1,700
    26588 Morgantown, WV MSA $660 $660 $810 $1,090 $1,380
    26590 Morgantown, WV MSA $790 $800 $1,000 $1,310 $1,700
    26705 Morgantown, WV MSA $660 $660 $820 $1,090 $1,400
    26716 Morgantown, WV MSA $660 $660 $820 $1,090 $1,400
    26764 Morgantown, WV MSA $660 $660 $810 $1,090 $1,380

    2022 Average & Median Rent Data Statistics
    MORGANTOWN, WV average 1BR rent: $724, median: $700
    MORGANTOWN, WV average 2BR rent: $902, median: $870
    MORGANTOWN, WV average 3BR rent: $1,190, median: $1,140

    MORGANTOWN, WV Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 1,322 $360,510,000 $272,700
    Cash Out Refi 176 $34,670,000 $196,989
    Refi 142 $24,350,000 $171,479
    Home Improvement 138 $15,070,000 $109,203
    Other 128 $12,620,000 $98,594

    Morgantown's most frequently cited loan purpose was Home Purchase, with 1,322 originations. The 2nd most popular reason was Cash Out Refi, with 176 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    6-7% 674 $188,610,000 $279,837
    5-6% 364 $92,350,000 $253,709
    7-8% 326 $72,200,000 $221,472
    Over 8% 320 $41,900,000 $130,938
    4-5% 32 $7,630,000 $238,438
    <2.5% 31 $2,905,000 $93,710
    3-4% 14 $1,780,000 $127,143
    2.5-3% 9 $1,505,000 $167,222

    During 2023, Morgantown's most frequently originated rate bucket was 6-7%, with 674 originations.

    Loan Sizing (MORGANTOWN, WV MSA)

    Loan Size Originations Total Value Average Loan
    $200k-400k 679 $189,005,000 $278,358
    $100k-200k 601 $89,065,000 $148,195
    $100,000 or less 416 $25,600,000 $61,538
    $400k-600k 124 $57,820,000 $466,290
    $600k-1000k 64 $47,460,000 $741,563
    $Over $1MM 22 $38,270,000 $1,739,545

    MORGANTOWN's loan sizing saw the bucket of loans from $200k-400k with 679 originations, totaling $189,005,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 856 $239,420,000 $279,696
    60-80% 364 $98,350,000 $270,192
    20-40% 205 $23,675,000 $115,488
    Under 20% 170 $11,790,000 $69,353
    40-60% 156 $30,560,000 $195,897
    Over 100% 13 $3,925,000 $301,923

    MORGANTOWN's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 856 originations, totaling $239,420,000 in origination value.