Morgantown IN Multi Family for Sale

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Morgantown Real Estate

The median home value in Morgantown, IN is $295,000. This is higher than the county median home value of $245,300. The national median home value is $338,100. The average price of homes sold in Morgantown, IN is $295,000. Approximately 62.77% of Morgantown homes are owned, compared to 32.98% rented, while 4.26% are vacant. Morgantown real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Morgantown real estate agent to arrange a tour today!

Morgantown, Indiana has a population of 1,427. Morgantown is more family-centric than the surrounding county with 37.27% of the households containing married families with children. The county average for households married with children is 29.67%.

The median household income in Morgantown, Indiana is $39,286. The median household income for the surrounding county is $71,882 compared to the national median of $69,021. The median age of people living in Morgantown is 34.9 years.

Morgantown Weather

The average high temperature in July is 84.5 degrees, with an average low temperature in January of 17.9 degrees. The average rainfall is approximately 46.1 inches per year, with 17.5 inches of snow per year.

Morgantown Real Estate Market Conditions

  • Median sales price

    $295,000
    17.9% change since last quarter
  • # Active listings

    20
    30-day change

Morgantown Schools and Demographics

Education near Morgantown, IN

Metric City County
High School Graduates 87.66 88.48
College Degree - 2 year 6.86 8.89
College Degree - 4 year 6.86 19.11
Graduate Degree 4.11 5.08
Expenditures per Student 11,520 11,520
Students per Teacher 15.1 15.1

Elementary Schools near Morgantown, IN

School Grades Students P/T Ratio ZIP
Centerton Elementary School KG - 05 265 15.6 46151
Central Elementary School KG - 05 179 11.9 46151
Charles L Smith Elementary School PK - 05 327 19.2 46151
Green Township Elementary School KG - 05 242 16.1 46151
Helmsburg Elementary School PK - 04 233 12.9 46160
Indian Creek Elementary School KG - 05 357 15.5 46181
Indian Creek Intermediate School 03 - 05 396 18 46181
Poston Road Elementary School KG - 05 377 15.1 46151
South Elementary School KG - 05 416 17.3 46151
Sprunica Elementary School PK - 04 316 15.8 46164
Unionville Elementary School KG - 06 217 14.5 47468
Waverly Elementary School PK - 06 348 24.9 46151

Middle Schools near Morgantown, IN

School Grades Students P/T Ratio ZIP
Indian Creek Middle School 06 - 08 445 14.3 46181
Martinsville West Middle School 06 - 08 551 15.5 46151
Ronald K Bell East Middle School 06 - 08 632 19.4 46151

High Schools near Morgantown, IN

School Grades Students P/T Ratio ZIP
Indian Creek Senior High School 09 - 12 600 16.7 46181
Martinsville High School 09 - 12 1,560 18.7 46151

Demographics near Morgantown, IN

Metric City County
Neighborhood Type Suburban
Population 1,427 71,394
Population Density 3,775 177
Median Age 34.9 41.6
People per Household 2.6 2.6
Median Household Income 39,286 71,882
Average Income per Capita 19,349 33,600