Housing Inventory: Median Home Size in Square Feet in Wisconsin
MEDSQUFEEWI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,816.00
Year-over-Year Change
-0.98%
Date Range
7/1/2016 - 7/1/2025
Summary
The 'Housing Inventory: Median Home Size in Square Feet in Wisconsin' series measures the typical size of newly constructed homes in Wisconsin. This metric is important for understanding housing supply 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
This data series tracks the median square footage of single-family homes built in Wisconsin over time. It provides insights into the size and scale of new residential construction, which is a key indicator of housing market conditions and consumer demand.
Methodology
The data is collected through surveys of home builders and real estate developers by the U.S. Census Bureau.
Historical Context
Policymakers and market analysts use this metric to gauge the supply and affordability of housing in Wisconsin.
Key Facts
- The median home size in Wisconsin has increased by 10% over the past decade.
- Larger homes typically cost more, impacting housing affordability.
- Trends in new home size can signal changes in consumer preferences.
FAQs
Q: What does this economic trend measure?
A: This series tracks the median square footage of newly constructed single-family homes in the state of Wisconsin.
Q: Why is this trend relevant for users or analysts?
A: The size of new homes is an important indicator of housing supply, consumer demand, and affordability in the Wisconsin market.
Q: How is this data collected or calculated?
A: The data is collected through surveys of home builders and real estate developers by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts use this metric to gauge housing conditions and inform decisions around zoning, construction, and affordability policies.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis, but there may be a 1-2 month lag in reporting.
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Citation
U.S. Federal Reserve, Housing Inventory: Median Home Size in Square Feet in Wisconsin (MEDSQUFEEWI), retrieved from FRED.