Free Morgantown, West Virginia seller net sheet calculator
Closing costs, transfer taxes and who pays what when selling a home in Morgantown, West Virginia (Monongalia County). The calculator applies the local rates for you.
- Median home value
- $238,200
- Transfer tax on $240,000
- $812
- Seller costs on $240,000
- About $13,134
- Median property tax bill
- $1,267 a year
- County
- Monongalia County
- Population
- 30,490
Morgantown transfer tax
On a $240,000 sale in Morgantown, transfer taxes come to $812: State excise tax on transfer, County excise tax on transfer and WV Housing Development Fund fee. By custom the seller pays it.
| Tax | Rate | Paid by | On $240,000 |
|---|---|---|---|
| State excise tax on transfer | $1.10 per $500 | Seller | $528 |
| County excise tax on transfer | $0.55 per $500 (not confirmed with the clerk) | Seller | $264 |
| WV Housing Development Fund fee | $20 per deed | Seller | $20 |
| Sale price | Seller pays | Buyer pays | Total |
|---|---|---|---|
| $240,000 local median value | $812 | $0 | $812 |
| $250,000 | $845 | $0 | $845 |
| $500,000 | $1,670 | $0 | $1,670 |
| $1,000,000 | $3,320 | $0 | $3,320 |
Example Morgantown seller net sheet
A $240,000 sale, close to Morgantown's median home value of $238,200, with a 5% commission and a $145,000 mortgage payoff. Seller costs come to about $13,134, or 5.5% of the price.
| Line | Seller |
|---|---|
| Sale price | $240,000 |
| First mortgage payoff | −$145,000 |
| Real estate commission (5%) | −$12,000 |
| State excise tax on transfer | −$528 |
| County excise tax on transfer | −$264 |
| WV Housing Development Fund fee | −$20 |
| Seller's attorney fee | −$250 |
| Release / satisfaction recording | −$27 |
| Wire / courier / payoff processing | −$45 |
| Estimated net before property tax prorations | $81,866 |
Who pays what in Morgantown
Morgantown closings follow Monongalia County customs. In Monongalia County, the buyer customarily pays the owner's title policy. The settlement fee is customarily paid by the buyer. Closings are usually handled by an attorney, and each side normally has its own attorney.
Property taxes in Morgantown
The median property tax bill for homeowners in Morgantown is $1,267 a year, about 0.53% of the median home value of $238,200 (Census Bureau American Community Survey, 2019-2023). Taxes here are paid in arrears, so at closing the bill is prorated between buyer and seller to the closing date. Fiscal year Jul-Jun, billed Jul 15; halves due Sep 1 and Mar 1 (discount if early). Seller credits buyer for unpaid days.
Rates verified 2026-09-30. Home value and tax bill: Census Bureau American Community Survey, 2019–2023. A net sheet is an estimate; final figures come from the title company.
Morgantown seller questions
How much is the transfer tax in Morgantown, West Virginia?
On a $240,000 sale in Morgantown, transfer taxes come to $812: State excise tax on transfer, County excise tax on transfer and WV Housing Development Fund fee. By custom the seller pays it.
How much are seller closing costs in Morgantown?
On a $240,000 sale, close to the median home value in Morgantown, with a 5% commission, estimated seller costs are about $13,134 (5.5% of the price). Without commission they are about $1,134. The loan payoff and property tax proration change the final number.
What county is Morgantown in, and does it matter at closing?
Morgantown is in Monongalia County, West Virginia. County and state rules set the transfer taxes and recording fees, and local custom decides who pays for title and closing. In Monongalia County, the buyer customarily pays the owner's title policy. The settlement fee is customarily paid by the buyer.
How much are property taxes in Morgantown?
The median property tax bill for homeowners in Morgantown is $1,267 a year, about 0.53% of the median home value of $238,200 (Census Bureau American Community Survey, 2019-2023). Taxes here are paid in arrears, so at closing the bill is prorated between buyer and seller to the closing date. Fiscal year Jul-Jun, billed Jul 15; halves due Sep 1 and Mar 1 (discount if early). Seller credits buyer for unpaid days.
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