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Morgantown, KY Housing

 
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As of 2010-2014, median price of a house in Morgantown is $75,700, which is much lower than the state average of $121,600 and is much lower than the national average of $175,700. The Morgantown median house value has grown by 25.54% since 2000. The growth rate for the price of a house in Morgantown is lower than the state average rate of 40.25% and is lower than the national average rate of 46.91%. The median year that a house in Morgantown was built is 1977, which is about the same as the median year for a house built in the state which is 1978 and is about the same as the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 400 Owner Occupied Houses in Morgantown, KY, #350
Morgantown, KY
75,700 USD
Kentucky
121,600 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #320
Morgantown, KY
25.54%
Kentucky
40.25%
U.S.
46.91%
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Morgantown, KYKentuckyU.S.
Total Housing Units1,106, see rank, 100%1,938,836132,741,033
Occupied Housing Units1,006, 90.96%, see rank87.80%87.55%
Owner Occupied400, 36.17%, see rank59.42%56.34%
Renter Occupied606, 54.79%, see rank28.38%31.21%
Vacant Housing Units100, 9.04%, see rank12.20%12.45%
For Rent58, 5.24%, see rank2.04%2.34%
For Sale Only4, 0.36%, see rank1.33%1.20%
Rented or Sold, Not Occupied16, 1.45%, see rank1.59%0.92%
For Seasonal, Recreational, or Occasional Use0, 0.00%, see rank2.24%3.97%
For Migrant Workers0, 0.00%, see rank0.03%0.03%
Other Vacant22, 1.99%, see rank4.97%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #127
Morgantown, KYKentuckyU.S.
197719781976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Morgantown, KY%KentuckyU.S.
Owner-Occupied Units400100%1,152,01274,787,460
With a Mortgage11528.75%, see rank60.42%65.58%
Without a Mortgage28571.25%, see rank39.58%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Morgantown, KY
825 USD
Kentucky
1,124 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsMorgantown, KY%KentuckyU.S.
$299 or Less00.00%, see rank0.45%0.20%
$300 to $49900.00%, see rank4.00%1.59%
$500 to $6993833.04%, see rank10.65%5.01%
$700 to $9995245.22%, see rank24.79%14.32%
$1,000 to $1,49932.61%, see rank34.58%27.90%
$1,500 to $1,999108.70%, see rank14.86%20.35%
$2,000 to $2,9991210.43%, see rank8.07%19.52%
$3,000 or More00.00%, see rank2.60%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Morgantown, KY
25.20% of the Total Income
Kentucky
21.20% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Morgantown, KY%KentuckyU.S.
10% or Less1916.52%, see rank7.42%5.86%
10% to 20%2320.00%, see rank38.63%31.95%
20% to 30%2723.48%, see rank26.40%27.64%
30% to 40%32.61%, see rank11.52%13.74%
40% or More4337.39%, see rank15.53%20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Morgantown, KY
264 USD
Kentucky
336 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsMorgantown, KY%KentuckyU.S.
$199 or Less6623.16%, see rank15.39%7.76%
$200 to $29912543.86%, see rank25.19%14.70%
$300 to $4998028.07%, see rank40.30%34.63%
$500 to $69900.00%, see rank13.29%21.16%
$700 or More144.91%, see rank5.82%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Morgantown, KY
20.40% of the Total Income
Kentucky
10.90% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Morgantown, KY%KentuckyU.S.
10% or Less10035.09%, see rank45.97%40.19%
10% to 20%3813.33%, see rank30.79%31.47%
20% to 30%6121.40%, see rank10.69%12.24%
30% to 40%4014.04%, see rank4.50%5.64%
40% or More4616.14%, see rank6.79%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Morgantown, KYKentuckyU.S.
Total Housing Units1,106, 100%1,938,836132,741,033
1-unit, Detached594, 53.71%, see rank67.21%61.65%
1-unit, Attached8, 0.72%, see rank2.45%5.82%
2 Units115, 10.40%, see rank3.05%3.75%
3 or 4 Units92, 8.32%, see rank4.01%4.43%
5 to 9 Units38, 3.44%, see rank4.66%4.78%
10 or More Units100, 9.04%, see rank6.39%13.08%
Mobile Home, Boat, RV, Van, etc.159, 14.38%, see rank12.23%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Morgantown, KYKentuckyU.S.
Total Housing Units1,106, 100%1,938,836132,741,033
1 Room25, 2.26%, see rank1.31%1.95%
2 Rooms47, 4.25%, see rank1.58%2.48%
3 Rooms70, 6.33%, see rank6.92%9.13%
4 Rooms297, 26.85%, see rank16.56%16.60%
5 Rooms383, 34.63%, see rank22.96%20.41%
6 Rooms82, 7.41%, see rank19.01%18.06%
7 Rooms57, 5.15%, see rank12.52%12.27%
8 Rooms83, 7.50%, see rank8.32%8.48%
9 Rooms or More62, 5.61%, see rank10.81%10.60%
Median Rooms4.80, see rank5.505.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Morgantown, KYKentuckyU.S.
Total Housing Units1,106, 100%1,938,836132,741,033
No Bedroom25, 2.26%, see rank1.42%2.17%
1 Bedroom148, 13.38%, see rank8.44%11.16%
2 Bedrooms416, 37.61%, see rank27.38%26.69%
3 Bedrooms394, 35.62%, see rank44.95%39.70%
4 Bedrooms93, 8.41%, see rank14.32%16.05%
5 or More Bedrooms30, 2.71%, see rank3.49%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Morgantown, KYKentuckyU.S.
Total Housing Units1,006, 100%1,702,235116,211,092
Utility Gas352, 34.99%, see rank38.22%48.85%
Bottled, Tank, or LP Gas3, 0.30%, see rank6.49%4.86%
Electricity638, 63.42%, see rank50.50%36.68%
Fuel Oil, Kerosene, etc.13, 1.29%, see rank1.03%5.86%
Coal or Coke0, 0.00%, see rank0.25%0.12%
Wood0, 0.00%, see rank2.95%2.12%
Solar Energy0, 0.00%, see rank0.02%0.05%
Other Fuel0, 0.00%, see rank0.30%0.47%
No Fuel Used0, 0.00%, see rank0.24%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalMorgantown, KYKentuckyU.S.
Occupied Units Paying Rent542, 100%496,53639,201,928
$199 or Less104, 19.19%, see rank3.01%1.50%
$200 to $29983, 15.31%, see rank5.28%3.18%
$300 to $499135, 24.91%, see rank15.95%7.37%
$500 to $699129, 23.80%, see rank30.85%16.01%
$700 to $99981, 14.94%, see rank29.97%29.17%
$1,000 to $1,49910, 1.85%, see rank12.25%26.88%
$1,500 to $1,9990, 0.00%, see rank1.85%9.79%
$2,000 or More0, 0.00%, see rank0.83%6.10%
Median$430, see rank$667$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Morgantown, KYKentuckyU.S.
Occupied Housing Units1,006, 100%1,702,235116,211,092
No Vehicles Available285, 28.33%, see rank7.85%9.12%
1 Vehicles Available397, 39.46%, see rank33.49%33.80%
2 Vehicles Available247, 24.55%, see rank38.04%37.48%
3 or More Vehicles Available77, 7.65%, see rank20.62%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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