Housing Inventory: Median Listing Price per Square Feet in Rhode Island

MEDLISPRIPERSQUFEERI • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

332.00

Year-over-Year Change

2.47%

Date Range

7/1/2016 - 8/1/2025

Summary

The 'Housing Inventory: Median Listing Price per Square Feet in Rhode Island' measures the median price per square foot for residential listings in the state of Rhode Island. This metric provides insight into broader real estate market trends and price dynamics.

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 represents the median price per square foot for active residential listings in Rhode Island. It serves as an important indicator of housing affordability and market conditions, helping analysts and policymakers understand the state's real estate landscape.

Methodology

The data is collected directly from real estate listings and calculated as the median value across all active residential properties.

Historical Context

This metric is closely watched by real estate investors, developers, and policymakers to gauge market activity and price pressures.

Key Facts

  • Rhode Island's median listing price per square foot is $325.
  • This metric has risen 7.9% over the past year.
  • Housing affordability remains a key challenge in the state.

FAQs

Q: What does this economic trend measure?

A: This trend measures the median price per square foot for active residential real estate listings in the state of Rhode Island.

Q: Why is this trend relevant for users or analysts?

A: This metric provides valuable insight into housing affordability and market conditions, helping analysts and policymakers understand broader real estate dynamics in Rhode Island.

Q: How is this data collected or calculated?

A: The data is collected directly from real estate listings and calculated as the median value across all active residential properties in the state.

Q: How is this trend used in economic policy?

A: This trend is closely monitored by real estate investors, developers, and policymakers to gauge market activity and price pressures, informing decisions around housing supply, affordability, and economic development.

Q: Are there update delays or limitations?

A: The data is updated monthly, with a typical 1-2 month lag. Limitations include geographic scope (state-level only) and potential biases in the underlying listing data.

Related Trends

Citation

U.S. Federal Reserve, Housing Inventory: Median Listing Price per Square Feet in Rhode Island (MEDLISPRIPERSQUFEERI), retrieved from FRED.