Home prices
The median home in Morgantown is valued at $95,000. This is approximately $54,140 (36%) lower compared to its nearby areas.It is roughly $122,500 (56%) lower compared to the entire nation, and in comparison to the city of Bloomington it is approximately $105,700 (52%) lower.
Rents
The median rent in Morgantown is $805 per month. Compared to nearby areas it is approximately $102 (11%) lower.Compared to the rest of the country it is roughly $257 (24%) lower, and it is roughly $112 (12%) lower compared to the city of Bloomington.
Nearby places
Trafalgar
Trafalgar is roughly 5 miles northeast from Morgantown. Housing prices there are a bit more expensive. Trafalgar's median home value is $125,800, which works out to $30,800 (24%) higher than Morgantown. Rents there are somewhat more expensive. Trafalgar's median rent is $928 per month, which comes out to $123 (13%) higher than Morgantown.
Prince's Lakes
Prince's Lakes is about 7 miles east from Morgantown. Its real estate prices are somewhat more expensive. The median home value in Prince's Lakes is $137,800, which works out to $42,800 (31%) higher than Morgantown. The rent there is a little more expensive. In Prince's Lakes the median rent is $1,125 per month, which comes out to $320 (28%) higher than Morgantown.
Martinsville
Martinsville is roughly 8 miles northwest from Morgantown. Real estate prices there are similar. The median home value in Martinsville is $98,500, which is $3,500 (3%) higher than Morgantown. Rent there is somewhat less expensive. In Martinsville the median monthly rent is $759, which is $46 (6%) lower than Morgantown.
Nashville
Nashville is about 11 miles south from Morgantown. Its real estate prices are a lot more expensive. The value of the median home in Nashville is $164,500, which comes out to $69,500 (42%) higher than Morgantown. The rent there is a little less expensive. In Nashville the median monthly rent is $742, which comes out to $63 (8%) lower than Morgantown.
Bargersville
Bargersville is roughly 11 miles north from Morgantown. Real estate prices there are significantly more expensive. The median home cost in Bargersville is $219,100, which works out to $124,100 (56%) higher than Morgantown. Its rents are somewhat more expensive. In Bargersville the median monthly rent is $983, which comes out to $178 (18%) higher than Morgantown.