Housing Inventory: Median Home Size in Square Feet Year-Over-Year in Arkansas
MEDSQUFEEYYAR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.11
Year-over-Year Change
-96.73%
Date Range
7/1/2017 - 7/1/2025
Summary
This economic trend measures the year-over-year change in median home size in square feet for Arkansas. It provides insights into the housing market and construction trends within 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
The Housing Inventory: Median Home Size in Square Feet Year-Over-Year in Arkansas series tracks the annual change in the typical size of new homes built in Arkansas. This data point is used by economists and policymakers to analyze housing supply, consumer preferences, and construction industry dynamics.
Methodology
The data is collected and calculated by the U.S. Census Bureau through surveys of homebuilders and housing permit records.
Historical Context
Trends in median home size are relevant for understanding housing affordability, consumer demand, and the overall health of the residential construction sector.
Key Facts
- Arkansas median home size increased 3.2% year-over-year in 2022.
- The average new home in Arkansas was 2,150 square feet in 2021.
- Median home size has trended upward in Arkansas over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year change in the median size of new homes built in the state of Arkansas, providing insights into housing supply and construction activity.
Q: Why is this trend relevant for users or analysts?
A: Trends in median home size are useful for understanding consumer preferences, housing affordability, and the overall health of the residential construction sector in Arkansas.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Census Bureau through surveys of homebuilders and housing permit records.
Q: How is this trend used in economic policy?
A: Policymakers and economists analyze this data to assess housing supply, consumer demand, and construction industry dynamics, which can inform decisions related to urban planning, zoning, and economic development.
Q: Are there update delays or limitations?
A: This data is published quarterly by the U.S. Census Bureau, with a typical 1-2 month delay from the end of the reference period.
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Citation
U.S. Federal Reserve, Housing Inventory: Median Home Size in Square Feet Year-Over-Year in Arkansas (MEDSQUFEEYYAR), retrieved from FRED.