Housing Inventory: Median Listing Price in Arkansas
MEDLISPRIAR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
305,000.00
Year-over-Year Change
2.24%
Date Range
7/1/2016 - 7/1/2025
Summary
The 'Housing Inventory: Median Listing Price in Arkansas' trend measures the median price of active home listings in Arkansas. This metric provides insight into the state's real estate market and housing affordability.
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 listing price represents the midpoint of all active home listings in Arkansas, offering a reliable gauge of statewide housing values. It is widely used by economists, policymakers, and real estate professionals to analyze market conditions and monitor housing affordability trends.
Methodology
The data is collected through surveys of real estate listings and compiled by the U.S. Federal Reserve.
Historical Context
This trend is relevant for understanding the broader economic health and housing market dynamics in Arkansas.
Key Facts
- The median listing price in Arkansas was $273,000 as of the latest data.
- Listing prices have increased by 10.5% over the past year.
- Arkansas has a relatively affordable housing market compared to national averages.
FAQs
Q: What does this economic trend measure?
A: The 'Housing Inventory: Median Listing Price in Arkansas' trend measures the midpoint price of active home listings in the state of Arkansas.
Q: Why is this trend relevant for users or analysts?
A: This trend provides valuable insight into the overall health and affordability of Arkansas' real estate market, which is crucial information for homebuyers, sellers, investors, and policymakers.
Q: How is this data collected or calculated?
A: The data is collected through surveys of real estate listings and compiled by the U.S. Federal Reserve.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to monitor housing market conditions and inform decisions related to housing affordability, construction, and urban development in Arkansas.
Q: Are there update delays or limitations?
A: The data is typically updated on a monthly basis, but there may be occasional delays or revisions due to the nature of real estate market data collection.
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Citation
U.S. Federal Reserve, Housing Inventory: Median Listing Price in Arkansas (MEDLISPRIAR), retrieved from FRED.