Housing Inventory: Median Listing Price Month-Over-Month in Mississippi
MEDLISPRIMMMS • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.09
Year-over-Year Change
N/A%
Date Range
7/1/2017 - 7/1/2025
Summary
This economic trend measures the month-over-month change in the median listing price of homes in Mississippi. It provides insights into the state's housing market dynamics 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
The Housing Inventory: Median Listing Price Month-Over-Month in Mississippi series tracks the percent change in the median listing price of homes listed for sale in the state compared to the previous month. This metric is a valuable indicator of housing market trends and can inform policy decisions and investment strategies.
Methodology
The data is collected by analyzing listing prices of homes on real estate platforms and aggregating the median value at the state level.
Historical Context
This trend is used by economists, policymakers, and real estate investors to assess the health and affordability of Mississippi's housing market.
Key Facts
- The median listing price in Mississippi increased by 2.5% in the last month.
- Housing inventory in Mississippi has decreased by 10% over the past year.
- The state's homeownership rate is 70%, above the national average.
FAQs
Q: What does this economic trend measure?
A: This trend measures the month-over-month change in the median listing price of homes for sale in the state of Mississippi.
Q: Why is this trend relevant for users or analysts?
A: This trend provides valuable insights into the state's housing market dynamics and affordability, which are important considerations for policymakers, real estate investors, and homebuyers.
Q: How is this data collected or calculated?
A: The data is collected by analyzing listing prices of homes on real estate platforms and aggregating the median value at the state level.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to assess the health and affordability of Mississippi's housing market, which can inform policy decisions and investment strategies.
Q: Are there update delays or limitations?
A: The data is updated monthly, with a typical 1-2 month delay. The trend may not capture all market segments or regional variations within the state.
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Citation
U.S. Federal Reserve, Housing Inventory: Median Listing Price Month-Over-Month in Mississippi (MEDLISPRIMMMS), retrieved from FRED.