Housing Inventory: Median Days on Market in Iowa
MEDDAYONMARIA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
54.00
Year-over-Year Change
1.89%
Date Range
7/1/2016 - 7/1/2025
Summary
The 'Housing Inventory: Median Days on Market in Iowa' measures the typical number of days residential properties remain on the market before being sold in the state of Iowa. This metric provides insights into the supply and demand dynamics of the local housing market.
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 number of days homes listed for sale in Iowa remain on the market before being purchased. It is a key indicator of housing market tightness and can signal shifts in buyer demand or seller expectations.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on real estate listings and sales transactions.
Historical Context
Policymakers and real estate analysts monitor this trend to assess the health and affordability of the Iowa housing market.
Key Facts
- The median days on market in Iowa was 42 as of the latest data release.
- This metric has declined by 10% over the past year, indicating a tightening housing market.
- Iowa's median days on market is below the national average, signaling relatively high housing demand.
FAQs
Q: What does this economic trend measure?
A: The 'Housing Inventory: Median Days on Market in Iowa' measures the typical number of days residential properties remain listed for sale before being purchased in the state of Iowa.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the supply and demand dynamics of the Iowa housing market, which is valuable information for real estate investors, policymakers, and consumers.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve based on actual real estate listings and sales transactions in Iowa.
Q: How is this trend used in economic policy?
A: Policymakers monitor this trend to assess the health and affordability of the Iowa housing market, which can inform decisions around housing policies and programs.
Q: Are there update delays or limitations?
A: The data is released on a regular basis by the Federal Reserve, but there may be lags of several weeks or months between the measurement period and the public release of the information.
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Citation
U.S. Federal Reserve, Housing Inventory: Median Days on Market in Iowa (MEDDAYONMARIA), retrieved from FRED.