Housing Inventory: Median Listing Price in South Carolina
MEDLISPRISC • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
371,950.00
Year-over-Year Change
3.35%
Date Range
7/1/2016 - 7/1/2025
Summary
The 'Housing Inventory: Median Listing Price in South Carolina' trend measures the median price of homes listed for sale in the state, providing insights into the state's housing market and affordability.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This series tracks the median listing price for homes on the market in South Carolina, offering a real-time indicator of housing costs and supply. It is used by economists, policymakers, and real estate professionals to analyze market trends and affordability.
Methodology
The data is collected and calculated by Realtor.com based on listings in their national property database.
Historical Context
Median listing prices are a key input for assessing housing market conditions and the overall state of the economy.
Key Facts
- South Carolina's median listing price was $325,000 in June 2022.
- Listing prices in the state have risen 15% over the past year.
- Housing inventory remains tight, with only a 2-month supply of homes for sale.
FAQs
Q: What does this economic trend measure?
A: The 'Housing Inventory: Median Listing Price in South Carolina' trend tracks the median price of homes listed for sale in the state.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the state's housing market conditions and affordability, which are key factors for consumers, real estate professionals, and policymakers.
Q: How is this data collected or calculated?
A: The data is collected and calculated by Realtor.com based on their national property database of home listings.
Q: How is this trend used in economic policy?
A: Median listing prices are used by economists and policymakers to assess housing market conditions and their impact on the broader economy.
Q: Are there update delays or limitations?
A: The data is published monthly with a short lag, providing timely insights into the state's housing market.
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Citation
U.S. Federal Reserve, Housing Inventory: Median Listing Price in South Carolina (MEDLISPRISC), retrieved from FRED.