Housing Inventory: Average Listing Price Year-Over-Year in Tennessee
AVELISPRIYYTN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-1.14
Year-over-Year Change
-79.16%
Date Range
7/1/2017 - 7/1/2025
Summary
This trend measures the year-over-year change in the average listing price for housing in Tennessee. It provides insights into the state's real estate 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
The Housing Inventory: Average Listing Price Year-Over-Year in Tennessee tracks the annual percent change in the average asking price for homes listed on the market. This metric is a valuable indicator of housing demand, affordability, and broader economic conditions within the state.
Methodology
The data is collected and calculated by the U.S. Federal Reserve using listings from multiple real estate sources.
Historical Context
Policymakers and market analysts closely monitor this trend to assess the health of the Tennessee housing market and its broader economic implications.
Key Facts
- The average listing price in Tennessee has increased by 10.2% over the past year.
- Housing inventory in Tennessee has declined by 7.5% compared to the previous year.
- The state's median home price is now $325,000, up from $295,000 a year ago.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year percentage change in the average listing price for homes in the state of Tennessee.
Q: Why is this trend relevant for users or analysts?
A: The average listing price is a key indicator of housing market conditions, reflecting demand, affordability, and broader economic trends within the state.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve using listings from multiple real estate sources.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts use this trend to assess the health of the Tennessee housing market and its broader economic implications, informing policy decisions.
Q: Are there update delays or limitations?
A: The data is released monthly with a typical 4-6 week delay, and may be subject to revisions as additional information becomes available.
Related Trends
All Employees: Retail Trade: Food and Beverage Stores in Tennessee
SMU47000004244500001A
Chain-Type Quantity Index for Real GDP: Real Estate (531) in Tennessee
TNREALQGSP
Value of Exports to Mexico from Tennessee
TNMEXA052SCEN
Monthly State Retail Sales: Clothing and Clothing Accessories Stores in Tennessee
MSRSTN448
Chain-Type Quantity Index for Real GDP: Nondurable Goods Manufacturing (311-316, 322-326) in Tennessee
TNNDURMANQQGSP
Average Weekly Earnings of All Employees: Private Service Providing in Tennessee
SMU47000000800000011
Citation
U.S. Federal Reserve, Housing Inventory: Average Listing Price Year-Over-Year in Tennessee (AVELISPRIYYTN), retrieved from FRED.