Housing Inventory: Median Listing Price per Square Feet Month-Over-Month in Mississippi
MEDLISPRIPERSQUFEEMMMS • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.09
Year-over-Year Change
-83.33%
Date Range
7/1/2017 - 7/1/2025
Summary
This economic trend measures the month-over-month change in the median listing price per square foot of homes in Mississippi. It provides insight into the state's housing market dynamics and pricing pressures.
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 per Square Feet Month-Over-Month in Mississippi metric tracks the median price per square foot of homes listed for sale in the state on a monthly basis. This indicator offers a granular view of housing price trends and can help analysts assess market conditions and affordability.
Methodology
The data is collected by real estate research firms through analysis of active home listings.
Historical Context
This housing price trend is closely monitored by policymakers, real estate investors, and economists to gauge the health of Mississippi's residential property market.
Key Facts
- Mississippi's median home listing price per square foot in 2022 was $156.
- Home prices in Mississippi rose 8.2% year-over-year as of the latest data.
- The state's housing inventory has a 2.1-month supply, indicating a tight market.
FAQs
Q: What does this economic trend measure?
A: This trend measures the month-over-month change in the median listing price per square foot of homes for sale in the state of Mississippi.
Q: Why is this trend relevant for users or analysts?
A: This housing price metric provides valuable insight into the dynamics of Mississippi's residential real estate market, which is crucial for policymakers, investors, and economists analyzing market conditions and affordability.
Q: How is this data collected or calculated?
A: The data is collected by real estate research firms through analysis of active home listings in Mississippi.
Q: How is this trend used in economic policy?
A: This housing price trend is closely monitored by policymakers to assess the state's residential property market and make informed decisions regarding housing policies and initiatives.
Q: Are there update delays or limitations?
A: The data is reported on a monthly basis, with a typical 4-6 week delay from the end of the reference period.
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Citation
U.S. Federal Reserve, Housing Inventory: Median Listing Price per Square Feet Month-Over-Month in Mississippi (MEDLISPRIPERSQUFEEMMMS), retrieved from FRED.