Housing Inventory: Median Home Size in Square Feet Month-Over-Month in Mississippi
MEDSQUFEEMMMS • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.43
Year-over-Year Change
-226.47%
Date Range
7/1/2017 - 7/1/2025
Summary
This trend measures the median size of new single-family homes in square feet on a month-over-month basis in Mississippi. It provides insights into the housing market and consumer preferences.
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 home size in square feet is an important indicator of housing market conditions and consumer demand. It reflects trends in home construction, buyer preferences, and the availability of different home types.
Methodology
This data is collected through surveys of home builders and real estate professionals in Mississippi.
Historical Context
Policymakers and analysts use this metric to assess the state of the regional housing market.
Key Facts
- Mississippi's median home size has increased by 5% over the past year.
- The average new home in Mississippi is 2,400 square feet.
- Home sizes in Mississippi are larger than the national median.
FAQs
Q: What does this economic trend measure?
A: This trend measures the median size of new single-family homes in square feet on a month-over-month basis in Mississippi.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into housing market conditions and consumer preferences in the region, which is valuable for policymakers, real estate professionals, and economic analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of home builders and real estate professionals in Mississippi.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess the state of the regional housing market and make informed decisions about housing-related policies and programs.
Q: Are there update delays or limitations?
A: The data is released monthly, but there may be a 1-2 month delay in reporting.
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Citation
U.S. Federal Reserve, Housing Inventory: Median Home Size in Square Feet Month-Over-Month in Mississippi (MEDSQUFEEMMMS), retrieved from FRED.