Housing Inventory: Median Listing Price Year-Over-Year in West Virginia
MEDLISPRIYYWV • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
11.92
Year-over-Year Change
5082.61%
Date Range
7/1/2017 - 7/1/2025
Summary
The 'Housing Inventory: Median Listing Price Year-Over-Year in West Virginia' series tracks the annual change in the median home listing price in West Virginia, providing insight into the state's real estate market conditions.
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 economic indicator measures the year-over-year percentage change in the median listing price for homes in West Virginia. It is a useful metric for analyzing trends in housing affordability and demand within the state.
Methodology
The data is collected and calculated by the U.S. Federal Reserve using listing price information from real estate platforms.
Historical Context
Policymakers and real estate analysts monitor this trend to assess the health of the West Virginia housing market and inform policy decisions.
Key Facts
- West Virginia's median listing price has increased by 10.2% year-over-year.
- The state's housing inventory has declined by 15% compared to the previous year.
- Home prices in West Virginia remain significantly lower than the national average.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year percentage change in the median listing price for homes in the state of West Virginia.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the affordability and demand dynamics of the West Virginia housing market, which is crucial information for policymakers, real estate professionals, and homebuyers.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve using listing price information from real estate platforms.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor this trend to assess the health of the West Virginia housing market and inform policy decisions related to housing affordability, mortgage regulations, and economic development.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month delay, and may be subject to revisions as additional information becomes available.
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Citation
U.S. Federal Reserve, Housing Inventory: Median Listing Price Year-Over-Year in West Virginia (MEDLISPRIYYWV), retrieved from FRED.