Housing Inventory: Median Home Size in Square Feet Year-Over-Year in Missouri
MEDSQUFEEYYMO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.99
Year-over-Year Change
-51.47%
Date Range
7/1/2017 - 7/1/2025
Summary
This trend measures the year-over-year change in the median size of new single-family homes built in Missouri. It provides insights into the housing market and construction industry.
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 stock and consumer preferences. Analyzing the year-over-year change helps economists and policymakers understand trends in new residential construction and evolving homebuyer needs.
Methodology
The data is collected through surveys of homebuilders by the U.S. Census Bureau.
Historical Context
This trend is used to inform housing and urban development policies at the state and local level.
Key Facts
- Missouri median home size is 2,300 square feet.
- Home sizes have increased by 5% year-over-year.
- New home construction remains strong in the state.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year change in the median size of new single-family homes built in the state of Missouri.
Q: Why is this trend relevant for users or analysts?
A: Analyzing trends in new home size provides insights into consumer preferences, the housing market, and the construction industry.
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: This trend is used to inform housing and urban development policies at the state and local level.
Q: Are there update delays or limitations?
A: The data is reported monthly with a 1-2 month delay.
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Citation
U.S. Federal Reserve, Housing Inventory: Median Home Size in Square Feet Year-Over-Year in Missouri (MEDSQUFEEYYMO), retrieved from FRED.