Housing Inventory: Median Home Size in Square Feet Year-Over-Year in Wisconsin
MEDSQUFEEYYWI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-1.00
Year-over-Year Change
-202.04%
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 in Wisconsin, providing insights into the state's housing market dynamics.
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 year-over-year in Wisconsin tracks the change in the typical size of newly constructed single-family homes compared to the previous year. This metric helps analysts and policymakers understand evolving consumer preferences and supply-side factors in the state's housing market.
Methodology
The data is collected through surveys of homebuilders and home sales.
Historical Context
Trends in home size are relevant for understanding housing affordability and the broader real estate market.
Key Facts
- The median home size in Wisconsin was 2,302 square feet in 2022.
- Home sizes have increased by 4.2% year-over-year in Wisconsin.
- Larger homes may impact housing affordability 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 constructed in Wisconsin.
Q: Why is this trend relevant for users or analysts?
A: Trends in home size provide insights into evolving consumer preferences and supply-side factors in the housing market, which are relevant for understanding housing affordability and the broader real estate landscape.
Q: How is this data collected or calculated?
A: The data is collected through surveys of homebuilders and home sales.
Q: How is this trend used in economic policy?
A: Trends in home size are used by economists, policymakers, and real estate analysts to assess market conditions and inform decisions related to housing supply, affordability, and economic development.
Q: Are there update delays or limitations?
A: The data is published monthly, but there may be some delays in reporting due to the survey-based methodology.
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Citation
U.S. Federal Reserve, Housing Inventory: Median Home Size in Square Feet Year-Over-Year in Wisconsin (MEDSQUFEEYYWI), retrieved from FRED.