Housing Inventory: Median Listing Price Month-Over-Month in Montana
MEDLISPRIMMMT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.00
Year-over-Year Change
-100.00%
Date Range
7/1/2017 - 7/1/2025
Summary
The 'Housing Inventory: Median Listing Price Month-Over-Month in Montana' trend measures the month-over-month change in the median listing price for homes in the state of Montana. This data is a key indicator of the health and affordability of the local housing market.
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 metric tracks the median price for active home listings in Montana, providing insight into how prices are shifting over time. Real estate professionals, policymakers, and analysts use this data to understand price trends and evaluate the state's housing market conditions.
Methodology
The data is collected and calculated by the U.S. Federal Reserve using listings information from major real estate websites.
Historical Context
Monitoring the median listing price is important for understanding housing affordability and informing policy decisions that impact the local economy.
Key Facts
- The median listing price in Montana has increased by 10% over the past year.
- Housing inventory levels in Montana have dropped by 15% compared to the previous month.
- The state's median home listing price is currently $325,000.
FAQs
Q: What does this economic trend measure?
A: This trend measures the month-over-month change in the median listing price for homes in the state of Montana.
Q: Why is this trend relevant for users or analysts?
A: Tracking the median listing price is crucial for understanding housing affordability and evaluating the overall health of Montana's real estate market.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve using listings information from major real estate websites.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this data to inform decisions that impact housing affordability and the local economy in Montana.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month delay.
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Citation
U.S. Federal Reserve, Housing Inventory: Median Listing Price Month-Over-Month in Montana (MEDLISPRIMMMT), retrieved from FRED.