Housing Inventory: Median Home Size in Square Feet in Missouri
MEDSQUFEEMO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,769.00
Year-over-Year Change
-1.01%
Date Range
7/1/2016 - 7/1/2025
Summary
The 'Housing Inventory: Median Home Size in Square Feet in Missouri' series measures the typical size of new single-family homes constructed in Missouri. This metric provides insights into housing stock and consumer preferences 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
This series tracks the median square footage of new single-family homes built in Missouri. The data is used by economists, policymakers, and real estate professionals to analyze housing market trends and changes in consumer demand for residential properties.
Methodology
The data is collected through surveys of homebuilders by the U.S. Census Bureau.
Historical Context
Median home size is an important indicator for the residential construction and real estate industries.
Key Facts
- Missouri's median new home size was 2,207 square feet in 2021.
- Home sizes have trended upward over the past two decades.
- Larger homes may indicate increasing consumer preferences or wealth in the state.
FAQs
Q: What does this economic trend measure?
A: This series tracks the median square footage of new single-family homes constructed in the state of Missouri.
Q: Why is this trend relevant for users or analysts?
A: Median home size provides insights into housing stock, consumer preferences, and broader economic trends in the residential construction and real estate industries.
Q: How is this data collected or calculated?
A: The data is collected through surveys of homebuilders by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Median home size is an important indicator used by economists, policymakers, and real estate professionals to analyze housing market conditions and consumer demand.
Q: Are there update delays or limitations?
A: The data is published quarterly with a lag, so there may be delays in reflecting the most recent housing market changes.
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Citation
U.S. Federal Reserve, Housing Inventory: Median Home Size in Square Feet in Missouri (MEDSQUFEEMO), retrieved from FRED.