Housing Inventory: Median Listing Price in Montana
MEDLISPRIMT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
649,900.00
Year-over-Year Change
-1.75%
Date Range
7/1/2016 - 7/1/2025
Summary
The 'Housing Inventory: Median Listing Price in Montana' metric tracks the median price of homes listed for sale in the state of Montana. This provides valuable insights into the state's housing market trends and 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 listing price is a key indicator of housing market conditions, reflecting the typical price point at which homes are being offered for sale. This data series offers a window into the supply and demand balance, pricing pressures, and affordability trends within the Montana real estate landscape.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on listings submitted to major real estate websites.
Historical Context
Policymakers and market analysts closely monitor this metric to assess housing market health and guide relevant policy or investment decisions.
Key Facts
- Montana's median home listing price reached a record high in 2022.
- Listing prices have risen over 30% in the past 5 years.
- Rapid home price appreciation has impacted housing affordability in the state.
FAQs
Q: What does this economic trend measure?
A: The 'Housing Inventory: Median Listing Price in Montana' metric tracks the typical price at which homes are listed for sale in the state of Montana.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insights into housing market conditions, pricing trends, and affordability in Montana, which is crucial information for policymakers, real estate professionals, and consumers.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve based on listings submitted to major real estate websites.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts closely monitor this metric to assess housing market health and guide relevant policy or investment decisions.
Q: Are there update delays or limitations?
A: The data is published on a regular basis, but may be subject to revisions and updates due to the dynamic nature of the housing market.
Related Trends
Average Hourly Earnings of All Employees: Education and Health Services: Private Education and Health Services in Montana
SMU30000006500000003
Housing Inventory: Active Listing Count Year-Over-Year in Montana
ACTLISCOUYYMT
All Employees: Education and Health Services: Social Assistance in Montana
SMU30000006562400001
Per Capita Personal Consumption Expenditures: Nondurable Goods for Montana
MTPCEPCNDURG
Value of Exports to France from Montana
MTFRAA052SCEN
Unemployment Level for Montana
UNEMPLOYMT
Citation
U.S. Federal Reserve, Housing Inventory: Median Listing Price in Montana (MEDLISPRIMT), retrieved from FRED.