Housing Inventory: Median Listing Price in North Carolina
MEDLISPRINC • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
424,950.00
Year-over-Year Change
1.19%
Date Range
7/1/2016 - 7/1/2025
Summary
The Housing Inventory: Median Listing Price in North Carolina tracks the median price of homes listed for sale in the state. This metric provides insight into the residential real estate market and housing affordability trends.
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 data represents the midpoint price of all active home listings in North Carolina. It is a key indicator of housing market conditions, reflecting supply, demand, and pricing dynamics for prospective home buyers and sellers.
Methodology
The data is collected and calculated by real estate information company Realtor.com based on its listings.
Historical Context
Policymakers and market analysts monitor this trend to gauge housing affordability and the overall health of the state's residential real estate sector.
Key Facts
- The median listing price in North Carolina reached a record high in 2022.
- Home prices have risen over 30% in the state since the start of the COVID-19 pandemic.
- Rising mortgage rates have impacted housing affordability for many North Carolina residents.
FAQs
Q: What does this economic trend measure?
A: The Housing Inventory: Median Listing Price in North Carolina measures the midpoint price of all active home listings in the state, providing insight into housing market conditions and pricing.
Q: Why is this trend relevant for users or analysts?
A: This trend is a key indicator of housing affordability and the overall health of North Carolina's residential real estate market, making it relevant for policymakers, real estate professionals, and consumers.
Q: How is this data collected or calculated?
A: The data is collected and calculated by real estate information company Realtor.com based on its listings.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts monitor this trend to gauge housing affordability and the overall health of the state's residential real estate sector, which can inform policy decisions.
Q: Are there update delays or limitations?
A: The data is updated monthly, and there may be some lag in reporting compared to real-time market conditions.
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Citation
U.S. Federal Reserve, Housing Inventory: Median Listing Price in North Carolina (MEDLISPRINC), retrieved from FRED.