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Morgan County, WV housing market

Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources

Typical home value$303,645+4.4% YoY · prices are rising fast
Market right nowSeller's marketFewer homes for sale than last year, 19% have cut their price
Income needed to buy, per year$65,824About 1.0× the local median income ($67,722): affordable for a typical household
Days on market65 daysSlower than a year ago: buyers have time to negotiate
Next 12 months+2.4%Zillow expects prices to rise slightly

The typical home in Morgan County, WV is worth $303,645, up 4.4% from a year ago. That is well above what local incomes have historically supported: fair value is about $257,823, so the area is 17.8% overvalued. It is a seller's market: homes take about 65 days to sell, listings are down 16% from a year ago, 19% of listings have had a price cut. Zillow expects prices to rise about 2.4% over the next year. A household needs about $65,824 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $67,722. In the latest IRS figures, 279 more people moved in than out.

Home value over time

$0K$100K$200K$300K20052010201520202025
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.

Prices and affordability

Typical home value$303,645
Change in 1 year+4.4%
Overvalued %+17.8%
Show 7 more
Fair home value$257,823
Change in 5 years+39.6%
Zillow forecast, next 12 months+2.4%
Home value to income4.5×
Monthly mortgage payment (20% down)$1,646
Income needed to afford it$65,824
Property tax rate0.47%

Rent and investing

HUD Fair Market Rent, 2 bedrooms$979

Market activity

Listings vs a year ago−16.3%
Days on market65
Listings with a price cut18.8%
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Homes for sale87
Pending sales per 100 listings40
Asking price per sq ft$250

People and jobs

Median household income$67,722
Population change (1 year)+1.2%
Unemployment rate3.9%
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Population18,027
Income adjusted for cost of living$71,892
Net moves in (IRS)+279
Cost of living (US = 100)94.2

Schools, risk and environment

School rating (1 to 10)4.8
FEMA hazard risk score (0 to 100)30.4
Flood risk score55.9
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Wildfire risk score20.2
Walkability (1 to 20)5.3
Road, rail and air noise54 dB

Questions people ask

Is Morgan County, WV overvalued?
Home prices in Morgan County, WV are well above what local incomes have historically supported: fair value is about $257,823, so the area is 17.8% overvalued.
Is Morgan County, WV a buyer's or seller's market?
Morgan County, WV is a seller's market: homes take about 65 days to sell, listings are down 16% from a year ago, 19% of listings have had a price cut.
Are home prices going down in Morgan County, WV?
Home values in Morgan County, WV are up 4.4% over the last year. Zillow's forecast for the next 12 months is +2.4%.
How much do you need to earn to buy a home in Morgan County, WV?
A household needs about $65,824 a year to afford the typical home in Morgan County, WV at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $67,722.

Nearby and similar counties

ZIP codes in Morgan County (open on the map)

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