Housing Inventory: Median Listing Price per Square Feet Year-Over-Year in Montana
MEDLISPRIPERSQUFEEYYMT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.68
Year-over-Year Change
-149.64%
Date Range
7/1/2017 - 7/1/2025
Summary
This metric tracks the year-over-year change in median listing price per square foot for homes in Montana. It provides insights into the state's residential real estate market and housing 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 median listing price per square foot is a key indicator of home price trends. Analyzing this data helps economists and policymakers assess housing market conditions, including changes in homebuyer demand and home price appreciation in Montana.
Methodology
The data is collected and calculated by Realtor.com based on listings for single-family homes, condos, and co-ops.
Historical Context
This metric is widely used by real estate analysts, investors, and government agencies to monitor and forecast housing market activity.
Key Facts
- Median listing price per square foot in Montana was $289 in December 2022.
- Prices increased 8.6% year-over-year in December 2022.
- Housing inventory remains tight, contributing to sustained price growth.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the year-over-year change in median listing price per square foot for homes in the state of Montana.
Q: Why is this trend relevant for users or analysts?
A: Monitoring changes in median listing prices per square foot provides insights into housing affordability and price appreciation in Montana's real estate market.
Q: How is this data collected or calculated?
A: The data is collected and calculated by Realtor.com based on listings for single-family homes, condos, and co-ops.
Q: How is this trend used in economic policy?
A: This metric is widely used by real estate analysts, investors, and government agencies to monitor and forecast housing market activity in Montana.
Q: Are there update delays or limitations?
A: The data is published monthly with a short delay, providing timely information on the state's housing market conditions.
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Citation
U.S. Federal Reserve, Housing Inventory: Median Listing Price per Square Feet Year-Over-Year in Montana (MEDLISPRIPERSQUFEEYYMT), retrieved from FRED.