Monongalia County, West Virginia is a beautiful and diverse area that is home to a variety of communities. From bustling college towns to quiet rural areas, there is something for everyone in this county. However, one of the most important factors to consider when looking at any community is the cost of housing. In this article, I will provide an expert's perspective on the cost of housing in Monongalia County and what you can expect when looking for a place to call home.
The Communities of Monongalia County
Before we dive into the cost of housing, let's first take a look at the different communities that make up Monongalia County.The county is home to several cities and towns, including Morgantown, Westover, Star City, and Granville. Each of these communities has its own unique charm and character, making it a popular destination for both residents and visitors. Morgantown is the largest city in Monongalia County and is home to West Virginia University. This bustling college town offers a vibrant nightlife, diverse dining options, and plenty of outdoor activities. Westover is a smaller town located just outside of Morgantown and is known for its close-knit community and affordable housing options.
Star City is another small town that offers a more rural feel while still being close to all the amenities of Morgantown. Lastly, Granville is a quiet town with a strong sense of community and a rich history.
The Cost of Housing in Monongalia County
When it comes to the cost of housing in Monongalia County, there are several factors to consider. The first is the type of housing you are looking for. The county offers a variety of options, including single-family homes, townhouses, apartments, and condos.The second factor is the location. As with any area, the cost of housing can vary greatly depending on the community you choose to live in. According to data from Zillow, the median home value in Monongalia County is $194,000. This is slightly higher than the national average of $184,700. However, when compared to other counties in West Virginia, Monongalia County's housing prices are relatively affordable.
For example, neighboring counties such as Preston and Marion have median home values of $136,000 and $120,000 respectively. When it comes to renting in Monongalia County, the average rent for a one-bedroom apartment is around $800 per month. This is slightly higher than the national average of $750 per month. However, it is important to note that rental prices can vary greatly depending on the location and type of housing.
Factors Affecting Housing Costs
There are several factors that can affect the cost of housing in Monongalia County. One of the main factors is the community you choose to live in.As mentioned earlier, each community has its own unique charm and character, and this can be reflected in the cost of housing. For example, homes in Morgantown may be more expensive due to its proximity to West Virginia University and its vibrant downtown area. Another factor that can affect housing costs is the current real estate market. Like many areas across the country, Monongalia County has seen a rise in housing prices in recent years. This can be attributed to a variety of factors such as low inventory and high demand.
However, experts predict that the housing market in Monongalia County will continue to grow, making it a good investment for those looking to purchase a home. Lastly, the type of housing you are looking for can also impact the cost. As with most areas, single-family homes tend to be more expensive than apartments or townhouses. However, Monongalia County offers a variety of options for all budgets, making it possible for everyone to find a place to call home.
Conclusion
In conclusion, the cost of housing in Monongalia County, West Virginia is relatively affordable when compared to other areas in the state and across the country. The county offers a variety of communities to choose from, each with its own unique charm and character.While housing prices may vary depending on location and type of housing, there are options available for all budgets. With a growing real estate market and a strong sense of community, Monongalia County is a great place to call home.
