Housing Inventory: Median Listing Price per Square Feet Year-Over-Year in Minnesota
MEDLISPRIPERSQUFEEYYMN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.24
Year-over-Year Change
-85.19%
Date Range
7/1/2017 - 8/1/2025
Summary
This trend measures the year-over-year change in the median listing price per square foot for homes in Minnesota. It provides insight into the state's housing market dynamics and price appreciation.
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 per square foot trend tracks the typical price per unit of area for homes listed for sale in Minnesota. This metric is a useful indicator of housing affordability and market conditions in the state.
Methodology
The data is collected and calculated by Realtor.com based on active home listings.
Historical Context
Policymakers and market analysts use this trend to assess the health and trajectory of Minnesota's housing sector.
Key Facts
- Minnesota has experienced steady home price appreciation in recent years.
- The median listing price per square foot trend reflects changes in supply and demand.
- Housing affordability is a key concern for policymakers in the state.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year change in the median listing price per square foot for homes in Minnesota.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into housing market conditions and affordability in Minnesota, which is of interest to policymakers, real estate professionals, and consumers.
Q: How is this data collected or calculated?
A: The data is collected and calculated by Realtor.com based on active home listings in Minnesota.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts use this trend to assess the health and trajectory of Minnesota's housing sector, which informs policy decisions related to housing affordability and development.
Q: Are there update delays or limitations?
A: The data is updated regularly by Realtor.com, but there may be some lag in reporting.
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Citation
U.S. Federal Reserve, Housing Inventory: Median Listing Price per Square Feet Year-Over-Year in Minnesota (MEDLISPRIPERSQUFEEYYMN), retrieved from FRED.