City:

Morgantown, KY

Morgantown is a city in the state of kentucky with a population of roughly 10,650. It is in Butler County, Kentucky the Bowling Green, KY core-based statistical areas (CBSA), and the Bowling Green-Glasgow, KY combined statistical area (CSA).Its Zip codes include 42261 .

Trends in Home Prices in Morgantown, KY

Morgantown is a small town located in western Kentucky, just east of the Tennessee border. The population was just over 17,000 in 2010 and has been growing at a rate of about 2% per year since then. Morgantown is a college town, with the majority of its residents employed by the nearby University of West Virginia (UWV).

Real estate in Morgantown is dominated by apartments and condos. The average price for an apartment was $1,089 per month in 2016, while the average condo price was $895 per month. There are also a few single-family homes available for sale, but they are mostly priced below $100,000.

The most popular type of real estate in Morgantown is rental apartments. In 2016, there were about 8,500 rental units available in the city. The vacancy rate for rental units was 1%, which is lower than the national average of 3%.

The main reason why people choose to live in Morgantown is because it is close to both the University of West Virginia (UWV) and the larger city of Charleston (WV). Residents can easily get to their jobs at UWV or go shopping at Charleston's many stores and restaurants. Additionally, Morgantown has plenty of amenities that make it a desirable place to live including excellent schools and recreational opportunities.

Price Index: Bowling Green, KY

Get Started