Housing Inventory: Average Listing Price in Ohio
AVELISPRIOH • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
383,286.00
Year-over-Year Change
1.49%
Date Range
7/1/2016 - 7/1/2025
Summary
The 'Housing Inventory: Average Listing Price in Ohio' series tracks the average listed price for homes on the market in the state of Ohio. This metric provides insight into the dynamics of the local housing market and can inform economic and policy decisions.
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 measures the average list price for homes actively for sale in Ohio. It is a leading indicator of housing market conditions, as sellers adjust listing prices in response to supply and demand. Economists and policymakers use this data to assess the health of the state's residential real estate sector.
Methodology
The data is collected and aggregated by the U.S. Federal Reserve from multiple real estate listing sources.
Historical Context
The average listing price in Ohio is used by market analysts, homebuilders, and policymakers to monitor housing affordability and forecast economic trends.
Key Facts
- The average listing price in Ohio reached a record high in 2022.
- Ohio home prices have risen over 30% in the past 5 years.
- The state's housing inventory has declined steadily since the COVID-19 pandemic.
FAQs
Q: What does this economic trend measure?
A: The 'Housing Inventory: Average Listing Price in Ohio' series tracks the average list price for homes actively for sale in the state of Ohio.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the dynamics of Ohio's local housing market and can inform economic and policy decisions related to housing affordability and residential real estate activity.
Q: How is this data collected or calculated?
A: The data is collected and aggregated by the U.S. Federal Reserve from multiple real estate listing sources.
Q: How is this trend used in economic policy?
A: The average listing price in Ohio is used by market analysts, homebuilders, and policymakers to monitor housing affordability and forecast economic trends in the state.
Q: Are there update delays or limitations?
A: The data is published monthly with a short delay, and may not fully capture certain market dynamics or variations within local housing submarkets in Ohio.
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Citation
U.S. Federal Reserve, Housing Inventory: Average Listing Price in Ohio (AVELISPRIOH), retrieved from FRED.