How much house does $500,000 buy you in Morgantown?
Back in 2014, spending $500,000 on a house was generally reserved for high earners. The typical U.S. home sold for $159,000, while starter homes averaged just $101,000. Fast-forward to today, and prices have more than doubled: A standard home now sells for $440,000, with starter homes approaching $300,000.
These current prices have put homeownership out of reach for many – and things don't look to be improving. Prices are still rising, affordability keeps dropping, and starter homes are becoming harder to find as home values climb. This has created a very sluggish and difficult housing market. In fact, even the usual busy spring and summer buying seasons were unusually slow this year.
While $500,000 once stretched much further, in many cities today, it's not nearly enough. But what about Morgantown?
To find out, Redfin Real Estate found listings near the $500,000 mark to see what types of homes you can actually afford in Morgantown right now. Listings below $500,000 were included if necessary.
352 Dunkard Ave, Westover, WV 26501
- Price: $475,000
- 6 bedrooms, 4 bathrooms
- Square feet: 4,263
- See 352 Dunkard Ave, Westover, WV 26501 on Redfin.com
64 Woodlilly Ct, Terra Alta, WV 26764
- Price: $474,000
- 5 bedrooms, 2.5 bathrooms
- Square feet: 3,600
- See 64 Woodlilly Ct, Terra Alta, WV 26764 on Redfin.com
104 Tivoli Gdn, Morgantown, WV
- Price: $459,900
- 4 bedrooms, 4.5 bathrooms
- Square feet: 3,182
- See 104 Tivoli Gdn, Morgantown, WV on Redfin.com
200 Logan Ave, Morgantown, WV 26501
- Price: $469,697
- 4 bedrooms, 3.5 bathrooms
- Square feet: 4,053
- See 200 Logan Ave, Morgantown, WV 26501 on Redfin.com
607 Hayfield St, Morgantown, WV 26508
- Price: $489,900
- 4 bedrooms, 3.5 bathrooms
- Square feet: 3,793
- See 607 Hayfield St, Morgantown, WV 26508 on Redfin.com
12 Summers Ridge Rd, Morgantown, WV 26508
- Price: $439,900
- 4 bedrooms, 3.5 bathrooms
- Square feet: 3,391
- See 12 Summers Ridge Rd, Morgantown, WV 26508 on Redfin.com
160 Poplar Dr, Morgantown, WV 26505
- Price: $415,000
- 4 bedrooms, 3.5 bathrooms
- Square feet: 3,337
- See 160 Poplar Dr, Morgantown, WV 26505 on Redfin.com
8 Summers Ridge Rd, Morgantown, WV 26508
- Price: $424,900
- 4 bedrooms, 3.5 bathrooms
- Square feet: 2,727
- See 8 Summers Ridge Rd, Morgantown, WV 26508 on Redfin.com
48 Ringold Ln, Morgantown, WV 26508
- Price: $500,000
- 4 bedrooms, 3.5 bathrooms
- Square feet: 2,330
- See 48 Ringold Ln, Morgantown, WV 26508 on Redfin.com
262 Deerfield Cir, Kingwood, WV 26537
- Price: $445,000
- 4 bedrooms, 3 bathrooms
- Square feet: 3,472
- See 262 Deerfield Cir, Kingwood, WV 26537 on Redfin.com
16 Cardinal Ln, Terra Alta, WV 26764
- Price: $469,000
- 4 bedrooms, 3 bathrooms
- Square feet: 2,852
- See 16 Cardinal Ln, Terra Alta, WV 26764 on Redfin.com
109 Cobblestone Cir, Morgantown, WV 26505
- Price: $444,000
- 4 bedrooms, 3 bathrooms
- Square feet: 2,498
- See 109 Cobblestone Cir, Morgantown, WV 26505 on Redfin.com
663 Kenwood Pl, Morgantown, WV 26505
- Price: $439,000
- 4 bedrooms, 3 bathrooms
- Square feet: 2,470
- See 663 Kenwood Pl, Morgantown, WV 26505 on Redfin.com
205 Marble Dr, Morgantown, WV 26508
- Price: $415,000
- 4 bedrooms, 3 bathrooms
- Square feet: 2,440
- See 205 Marble Dr, Morgantown, WV 26508 on Redfin.com
22 Cedarwood Dr, Morgantown, WV 26505
- Price: $485,000
- 4 bedrooms, 3 bathrooms
- Square feet: 2,394
- See 22 Cedarwood Dr, Morgantown, WV 26505 on Redfin.com
2425 W Alpine Dr, Terra Alta, WV 26764
- Price: $450,000
- 4 bedrooms, 3 bathrooms
- Square feet: 2,126
- See 2425 W Alpine Dr, Terra Alta, WV 26764 on Redfin.com
41 Chardonnay Dr, Morgantown, WV 26508
- Price: $469,000
- 4 bedrooms, 2.5 bathrooms
- Square feet: 3,575
- See 41 Chardonnay Dr, Morgantown, WV 26508 on Redfin.com
21 Black Bear Ct, Albright, WV 26519
- Price: $425,000
- 4 bedrooms, 2.5 bathrooms
- Square feet: 3,000
- See 21 Black Bear Ct, Albright, WV 26519 on Redfin.com
3208 Lemley St, Morgantown, WV 26508
- Price: $418,000
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,684
- See 3208 Lemley St, Morgantown, WV 26508 on Redfin.com
353 Bay St, Morgantown, WV 26508
- Price: $429,500
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,265
- See 353 Bay St, Morgantown, WV 26508 on Redfin.com
14 Waterside Dr, Morgantown, WV 26508
- Price: $459,000
- 3 bedrooms, 3.5 bathrooms
- Square feet: 3,088
- See 14 Waterside Dr, Morgantown, WV 26508 on Redfin.com
123 Sadie Ln, Morgantown, WV 26508
- Price: $465,500
- 3 bedrooms, 3.5 bathrooms
- Square feet: 2,951
- See 123 Sadie Ln, Morgantown, WV 26508 on Redfin.com
198 Lewellyn Rd, Morgantown, WV 26508
- Price: $415,000
- 3 bedrooms, 3.5 bathrooms
- Square feet: 2,352
- See 198 Lewellyn Rd, Morgantown, WV 26508 on Redfin.com
687 Cobun Creek Rd, Morgantown, WV 26508
- Price: $429,950
- 3 bedrooms, 3 bathrooms
- Square feet: 1,987
- See 687 Cobun Creek Rd, Morgantown, WV 26508 on Redfin.com
678 Bellaire Dr, Morgantown, WV 26505
- Price: $439,000
- 3 bedrooms, 2.5 bathrooms
- Square feet: 2,542
- See 678 Bellaire Dr, Morgantown, WV 26505 on Redfin.com
675 Colonial Dr, Morgantown, WV 26505
- Price: $498,000
- 3 bedrooms, 2.5 bathrooms
- Square feet: 2,410
- See 675 Colonial Dr, Morgantown, WV 26505 on Redfin.com
63 Tuscan Dr, Morgantown, WV 26508
- Price: $495,020
- 3 bedrooms, 2.5 bathrooms
- Square feet: 2,294
- See 63 Tuscan Dr, Morgantown, WV 26508 on Redfin.com
8 Wapiti, Morgantown, WV
- Price: $425,000
- 3 bedrooms, 2.5 bathrooms
- Square feet: 1,736
- See 8 Wapiti, Morgantown, WV on Redfin.com
4 Cliff View Cir, Morgantown, WV 26508
- Price: $497,000
- 3 bedrooms, 2 bathrooms
- Square feet: 1,870
- See 4 Cliff View Cir, Morgantown, WV 26508 on Redfin.com
544 Clover Dr, Terra Alta, WV 26764
- Price: $450,000
- 2 bedrooms, 2.5 bathrooms
- Square feet: 1,824
- See 544 Clover Dr, Terra Alta, WV 26764 on Redfin.com