Morgantown, Kentucky.
Typical home $183,049 (-10.7% in a year). Bowling Green, KY metro.
to buy the typical home at today's mortgage rate — +$362 (+61%) since Jan 2020.
- 1 year
- Down $21,973 -11%
- $205,021$183,049 since Sep 2025
- 5 years
- Down $945 -1%
- $183,994$183,049 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Morgantown$961
- Kentucky$1,212
- United States$1,922
At the last five years' pace, prices here aren't rising.
Typical home values in Morgantown, KY fell 10.7% over the past year — slower than the nation's +1.2%.
Living in Morgantown, Butler County, Kentucky
Morgantown is a city of 2,505 people in Butler County. 31% of its homes are lived in by their owners and 69% are rented. Unemployment in Butler County was 4.7% in August 2026, and the county had 0.4% more jobs in 2025 than the year before. The most people in Butler County work in manufacturing, then schools and health care.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Morgantown is a small city and the seat of Butler County, Kentucky. Its residents are fairly young for a place of its size, and most homes are rented rather than lived in by their owners. Incomes across the county run below the Kentucky average, and relatively few adults hold a four-year degree. Winters are cold, with little snow, and summers are hot, with a good deal of rain through the year.
Work. Residents work mainly in manufacturing, in schools, hospitals and social care, in the building trades, and in shops. Among the largest workplaces in town are Butler County Schools, Signature Healthcare and Corvac Composites. The typical commute is a moderate one, and almost no one works from home. Across Butler County, the number of jobs has grown only slightly over the past year.
Things to do. The archaeological sites Annis Mound and Village Site and Carlston Annis Shell Mound are a short drive away and speak to the long history of people along the river. Farther afield, a longer drive brings you to Lost River Cave, a protected area, and to Beech Bend Park, an amusement park. The National Corvette Museum is also a longer drive away.
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- 909households
- 5%of adults have a degree
- 23 mintypical commute
- 0%work from home
What people in Butler County work in
Employed residents by industry, from the Census survey. Butler County had 2,940 jobs in 2025, 0.4% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 44° and lows near 24°; warmest in July, with highs near 89° and lows near 65°. About 4 inches of snow and 51 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Rochester Ferry weather station, 11 miles away (NOAA).
Largest workplaces in Morgantown
- Butler County SchoolsSchool district310FTE
- Signature HealthcareSkilled nursing facilities133
- Corvac CompositesSeptic tanks, plastics or fiberglass, manufacturing92
- Aerospace Composites SolutionsAircraft auxiliary parts manufacturing70
- MorgantownMail and parcel delivery20
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 4 workplaces with 20 or more staff, 315 people in all. School districts come from the Common Core of Data (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- HailVery high
- Strong windRelatively high
- Ice stormsRelatively high
- TornadoesRelatively high
- EarthquakesRelatively moderate
- Winter weatherRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Morgantown’s census tracts, against the rest of the country; all of them together, relatively moderate. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Butler County and the Bowling Green, KY metro.
Morgantown home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Morgantown$183,049
- Kentucky$230,909
- United States$366,157
Sellers are cutting prices on about 1 in 5 Morgantown listings — the market is roughly in balance.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Morgantown20.69%
- United States26.90%
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Morgantown30
New listings per month
Sellers arriving at the market.
- Morgantown8
Zip codes with a Morgantown address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Morgantown — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.