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Morgantown, WV New Homes Under $400K

5 Communities

Meadow Ponds Townhomes by DRB Homes in Morgantown West Virginia
Home in Meadow Ponds Townhomes by DRB Homes
Home in Meadow Ponds Townhomes by DRB Homes

$199,990 - $239,990

Meadow Ponds Townhomes

Maidsville, WV 26541

2 Floor Plans

DRB Homes

4.1

Eastview Manor by DRB Homes in Morgantown West Virginia
Home in Eastview Manor by DRB Homes
Home in Eastview Manor by DRB Homes

Closeout

$311,990 - $400,287

Eastview Manor

Fairmont, WV 26554

4 Floor Plans

DRB Homes

4.1

Stonebridge Townhomes at Charles Pointe by DRB Homes in Morgantown West Virginia
Home in Stonebridge Townhomes at Charles Pointe by DRB Homes
Home in Stonebridge Townhomes at Charles Pointe by DRB Homes

$239,990 - $346,990

Stonebridge Townhomes at Charles Pointe

Bridgeport, WV 26330

1 Home

2 Floor Plans

DRB Homes

4.1

Falling Water by Heartland Homes in Morgantown West Virginia
Falling Water by Heartland Homes in Morgantown West Virginia

$379,990 - $689,990

Falling Water

Morgantown, WV 26508

4 Floor Plans

Heartland Homes

Autumn Ridge by Heartland Homes in Morgantown West Virginia
Autumn Ridge by Heartland Homes in Morgantown West Virginia

$399,990 - $462,990

Autumn Ridge

Morgantown, WV 26505

4 Floor Plans

Heartland Homes

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Market Snapshot

New Home Cities in Morgantown

CityCommunitiesAverage New Home Price
Bridgeport2$401,615
Maidsville2$219,990
Fairmont1$320,490

Morgantown, WV features many of the best home builder communities in West Virginia, but finding lower priced homes has become increasingly difficult. In the last few years, the cost of building a new home in Morgantown has increased substantially. Despite the rising trend of housing prices, it’s still possible to design and build an affordable home in the Morgantown area. In fact, there are 5 communities and 2 builders in Morgantown with homes starting at under $400K.

How to Find Homes in Morgantown for Less than $400K?

Many builders recognize there is growing demand in the Morgantown area for homes under the $400k price point and often have a few floor plans available, but these may be in limited supply. These brand new homes are relatively affordable. To ensure affordability without compromising on the quality of the home, builders may utilize value engineering techniques to reduce the cost of construction and keep the price of the home as low as possible. This may include building on a smaller lot or utilizing standard-sized materials, such as windows and doors, that provide high-value for the cost. The results are delivering similar quality at lower prices. Like any new home, you are likely to have the low maintenance and lower cost of ownership that makes new construciton a good value in Morgantown.