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📍 Morgantown, PA · Zillow ZHVI · July 2026

Average Home Price in
Morgantown, PA

Reading, PA metro area · Berks County County

Median Home Value
$449,640
↑ 3.8% year-over-year
vs. National Median
$410,000
Morgantown is 10% above
Est. Monthly Payment
$2,345/mo
20% down · 6.8% rate
Income Needed
$119K
gross annual (30% rule)
Median Home Value
$449,640
↑ 3.8% year-over-year
Down Payment (20%)$89,928
Monthly P&I$2,345/mo
With Taxes & Ins.~$2,978/mo
Income Needed$119,120/yr
Data SourceZillow ZHVI
Market Overview

Home Prices in Morgantown, PA

The median home value in Morgantown, PA is $449,640 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.8% compared to a year ago and up 5.1% from two years prior.

Compared to the U.S. national median of $410,000, homes in Morgantown are priced10% above average. Morgantown is part of the Reading, PA metro area.

City Comparison

Morgantown vs. National Median

🏠 Morgantown
$449,640
National Median
$410,000

At $449,640, homes in Morgantown cost 10% above the national median of $410,000. Buyers in Morgantown should expect to pay a premium compared to most U.S. markets.

Affordability

What Does It Cost to Buy in Morgantown?

20% Down Payment
$89,928
on $449,640
Monthly P&I
$2,345/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,978/mo
incl. taxes & insurance
Income Needed
$119,120
gross annual (30% rule)
10% Down Option
$44,964
+ PMI applies
Loan Amount (20% dn)
$359,712
at current rates

Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.

FAQ

Frequently Asked Questions

What is the average home price in Morgantown, PA?
The median home value in Morgantown is $449,640 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.8% year-over-year.
How much have home prices changed in Morgantown?
Over the past year, home values in Morgantown have increased by 3.8%.
How much do I need to earn to buy a home in Morgantown?
To comfortably afford the median home price of $449,640 with a 20% down payment ($89,928) at today's rates (6.8%), you'd need a gross annual income of approximately $119,120. This assumes keeping total housing costs at or below 30% of gross income.
How does Morgantown compare to the national average home price?
The national median home value is approximately $410,000. At $449,640, homes in Morgantown are 10% above the national average.
What metro area is Morgantown part of?
Morgantown is part of the Reading, PA metropolitan area. Home prices and market conditions can vary across the broader metro region.