Housing Inventory: Median Listing Price in Minnesota
MEDLISPRIMN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
399,000.00
Year-over-Year Change
-0.24%
Date Range
7/1/2016 - 7/1/2025
Summary
The 'Housing Inventory: Median Listing Price in Minnesota' trend measures the median price of residential properties listed for sale in the state of Minnesota. This metric is closely watched by economists and policymakers to gauge housing market conditions 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 in Minnesota, providing insight into the broader state housing market. Economists and real estate analysts use this data to evaluate pricing trends, inventory levels, and market dynamics that impact homebuyers and sellers.
Methodology
The data is collected and calculated by Realtor.com based on listed property prices.
Historical Context
The median listing price in Minnesota is an important economic indicator used to inform housing policy and assess the overall health of the state's real estate market.
Key Facts
- Minnesota's median listing price reached a record high in 2022.
- The state's housing inventory has declined for several consecutive years.
- Rising prices have impacted housing affordability for many Minnesotans.
FAQs
Q: What does this economic trend measure?
A: The 'Housing Inventory: Median Listing Price in Minnesota' trend tracks the median price of residential properties listed for sale in the state of Minnesota.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the health and dynamics of Minnesota's housing market, which is closely watched by economists, policymakers, and real estate professionals.
Q: How is this data collected or calculated?
A: The data is collected and calculated by Realtor.com based on listed property prices.
Q: How is this trend used in economic policy?
A: The median listing price in Minnesota is an important indicator used to inform housing policy and assess the overall health of the state's real estate market.
Q: Are there update delays or limitations?
A: The data is published monthly with a short lag, providing timely information on the latest housing market conditions in Minnesota.
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Citation
U.S. Federal Reserve, Housing Inventory: Median Listing Price in Minnesota (MEDLISPRIMN), retrieved from FRED.