Metro area index
Home appreciation in the Morgantown, WV metro area
FHFA HPI® data shows the Morgantown, WV metro area's all-transactions index changed +6.2% over the year to Q2 2026, versus +8.0% for West Virginia and +3.0% for the U.S. That ranks 59th of 410 metro areas and divisions FHFA tracks.
- 1-year change
- +6.2%
- 5-year change
- +33.9%
- Since Q1 1995
- +218%
- Metro rank (1 year)
- 59th
U.S. +3.0%
U.S. +41.3%
U.S. +292%
of 410
Morgantown, WV vs West Virginia and the U.S.
FHFA HPI® all-transactions index, rebased so Q1 1995 = 100, through Q2 2026
- Morgantown, WV: 317.8
- West Virginia: 293.3
- United States: 391.6
Appreciation by time window
| Window | Metro | WV | U.S. | Gap vs WV | Gap vs U.S. |
|---|---|---|---|---|---|
| 1 year | +6.2% | +8.0% | +3.0% | −1.9 pts | +3.1 pts |
| 3 years | +15.1% | +21.8% | +12.9% | −6.7 pts | +2.2 pts |
| 5 years | +33.9% | +43.5% | +41.3% | −9.6 pts | −7.4 pts |
| 10 years | +58.3% | +68.5% | +93.3% | −10.2 pts | −35.0 pts |
| Since Q1 1995 | +218% | +193% | +292% | +24.5 pts | −73.7 pts |
3-digit ZIP regions in the Morgantown, WV area
Regions with at least 10% of their 2010 population inside the metro, largest overlap first. A 3-digit ZIP region can extend beyond the metro boundary.
| 3-digit ZIP region | State | 1 year | 5 years | Since Q1 1995 | Population in metro |
|---|---|---|---|---|---|
| 265 · Morgantown, WV area | WV | +6.2% | +33.9% | +218% | 66% |
| 264 · Weston, WV area | WV | +8.7% | +46.6% | +210% | 11% |
| 267 · Keyser, WV area | WV | +8.7% | +46.6% | +210% | 11% |
Boom, bust, and recovery in Morgantown, WV area
Morgantown, WV area's index peaked in Q1 2009, fell 3.2% to its low in Q4 2009, and regained its peak in Q4 2010, about 1.8 years after the top. Today it sits +75.5% versus that 2000s peak. How every state and ZIP region fared
| Area | 2000s peak | Low point | Peak to low | Back to peak | Today vs peak |
|---|---|---|---|---|---|
| Metro | Q1 2009 | Q4 2009 | -3.2% | Q4 2010 (1.8 yrs) | +75.5% |
| WV | Q1 2008 | Q2 2011 | -7.3% | Q2 2015 (7.2 yrs) | +71.7% |
| U.S. | Q1 2007 | Q2 2012 | -19.0% | Q4 2016 (9.8 yrs) | +89.3% |
Appreciation after inflation
Adjusting for consumer price inflation, Morgantown, WV area's index has changed +43.5% in real terms since Q1 1995. Home prices vs inflation
| Window | Inflation (CPI-U) | Metro after inflation | WV after inflation | U.S. after inflation |
|---|---|---|---|---|
| 1 year | +3.9% | +2.2% | +4.0% | -0.8% |
| 3 years | +9.8% | +4.8% | +10.9% | +2.8% |
| 5 years | +24.0% | +8.0% | +15.7% | +13.9% |
| 10 years | +39.1% | +13.8% | +21.2% | +39.0% |
| Since Q1 1995 | +121% | +43.5% | +32.5% | +76.8% |
If you bought in the Morgantown, WV area in…
An example $300,000 purchase grown at the metro index rate to Q2 2026.
| Bought in | Index change | $300,000 then, at the metro rate |
|---|---|---|
| Q2 1995 | +217% | $950,958 |
| Q2 2000 | +188% | $862,755 |
| Q2 2005 | +104% | $611,173 |
| Q2 2010 | +78.6% | $535,846 |
| Q2 2015 | +55.6% | $466,933 |
| Q2 2020 | +44.7% | $434,009 |
| Q2 2021 | +33.9% | $401,732 |
| Q2 2023 | +15.1% | $345,308 |
| Q2 2025 | +6.2% | $318,458 |
Frequently asked questions
- How much have home prices risen in the Morgantown, WV area?
- FHFA HPI® data for the Morgantown, WV metro area shows changes of +6.2% over one year, +33.9% over five years, and +58.3% over ten years to Q2 2026, and +218% since Q1 1995.
- Is the Morgantown, WV area beating the national average?
- Over the past year the metro's index moved +3.1 pts versus the U.S.; over five years the gap is −7.4 pts.
- What area does this metro index cover?
- FHFA computes metro indexes using the counties in each OMB-defined metropolitan statistical area. The index covers the whole area, so individual neighborhoods and homes can differ from it.