Housing Inventory: Median Listing Price per Square Feet in Pennsylvania
MEDLISPRIPERSQUFEEPA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
192.00
Year-over-Year Change
3.23%
Date Range
7/1/2016 - 8/1/2025
Summary
The 'Housing Inventory: Median Listing Price per Square Feet in Pennsylvania' measures the median price per square foot of listed homes in the state. This data provides insights into the Pennsylvania housing market and is relevant for real estate professionals, policymakers, and consumers.
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 economic trend represents the median price per square foot of homes listed for sale in Pennsylvania. It offers a high-level view of home listing prices across the state and can be used to analyze market conditions, affordability, and housing supply and demand.
Methodology
The data is collected and calculated by Realtor.com based on listings in the state.
Historical Context
This metric is used by housing analysts, real estate investors, and policymakers to assess Pennsylvania's residential real estate market.
Key Facts
- Pennsylvania's median listing price per square foot was $184 in 2022.
- Home prices in Pennsylvania have risen steadily over the past decade.
- The state's housing inventory has declined in recent years due to high demand.
FAQs
Q: What does this economic trend measure?
A: This trend measures the median price per square foot of homes listed for sale in the state of Pennsylvania.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the Pennsylvania housing market, including affordability, supply and demand, and price trends.
Q: How is this data collected or calculated?
A: The data is collected and calculated by Realtor.com based on listed homes in Pennsylvania.
Q: How is this trend used in economic policy?
A: Policymakers, real estate professionals, and housing analysts use this metric to monitor and assess the state's residential real estate market.
Q: Are there update delays or limitations?
A: The data is updated monthly, but there may be lags in reporting due to the nature of the real estate market.
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Citation
U.S. Federal Reserve, Housing Inventory: Median Listing Price per Square Feet in Pennsylvania (MEDLISPRIPERSQUFEEPA), retrieved from FRED.