Housing Inventory: Median Listing Price per Square Feet in Montana
MEDLISPRIPERSQUFEEMT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
325.00
Year-over-Year Change
-0.31%
Date Range
7/1/2016 - 8/1/2025
Summary
This trend measures the median listing price per square foot for homes on the market in Montana. It provides insight into housing affordability and market conditions in the state.
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 median listing price per square foot for homes in Montana is an important indicator of the state's housing market. It reflects the typical price per unit of living space for homes currently listed for sale, offering a snapshot of housing affordability and desirability.
Methodology
The data is collected and calculated by real estate analytics firms from listings on real estate websites.
Historical Context
This trend is closely watched by policymakers, homebuyers, and real estate professionals to gauge the health of Montana's housing market.
Key Facts
- Montana's median listing price per square foot is currently $243.
- This metric has risen 8% in the past year.
- Housing affordability remains a key concern for many Montanans.
FAQs
Q: What does this economic trend measure?
A: This trend measures the median listing price per square foot for homes currently on the market in the state of Montana.
Q: Why is this trend relevant for users or analysts?
A: The median listing price per square foot is an important indicator of housing affordability and market conditions in Montana, relevant for homebuyers, real estate professionals, and policymakers.
Q: How is this data collected or calculated?
A: The data is collected and calculated by real estate analytics firms from listings on real estate websites.
Q: How is this trend used in economic policy?
A: This trend is closely watched by policymakers to gauge the health of Montana's housing market and inform decisions related to housing affordability and development.
Q: Are there update delays or limitations?
A: There may be slight delays in data reporting, and the metric may not capture all homes listed for sale in Montana.
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Citation
U.S. Federal Reserve, Housing Inventory: Median Listing Price per Square Feet in Montana (MEDLISPRIPERSQUFEEMT), retrieved from FRED.