Housing Inventory: Median Listing Price in Rhode Island
MEDLISPRIRI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
599,450.00
Year-over-Year Change
1.60%
Date Range
7/1/2016 - 7/1/2025
Summary
The 'Housing Inventory: Median Listing Price in Rhode Island' trend tracks the median list price of homes on the market in Rhode Island. This metric provides insight into housing affordability and market dynamics within the state.
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 the midpoint of all active home listings in Rhode Island, representing a key indicator of housing supply and demand. This data is used by economists, policymakers, and real estate professionals to analyze market conditions and support informed decision-making.
Methodology
The data is collected and calculated by real estate research firms based on listings across multiple home sales platforms.
Historical Context
The median listing price trend is closely monitored for its implications on consumer spending, mortgage activity, and regional economic growth.
Key Facts
- The median listing price in Rhode Island reached a record high in 2022.
- Housing inventory in Rhode Island has declined steadily over the past 5 years.
- Rhode Island home prices have outpaced the national average since the COVID-19 pandemic.
FAQs
Q: What does this economic trend measure?
A: The 'Housing Inventory: Median Listing Price in Rhode Island' trend tracks the median list price of homes actively for sale within the state of Rhode Island.
Q: Why is this trend relevant for users or analysts?
A: The median listing price is a key indicator of housing affordability and market conditions, providing insight into supply, demand, and price dynamics that impact consumer spending, mortgage activity, and regional economic growth.
Q: How is this data collected or calculated?
A: The data is collected and calculated by real estate research firms based on listings across multiple home sales platforms.
Q: How is this trend used in economic policy?
A: The median listing price trend is closely monitored by economists, policymakers, and real estate professionals to analyze market conditions and support informed decision-making.
Q: Are there update delays or limitations?
A: The data is subject to typical reporting lags, but is generally available on a monthly basis with limited delays.
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Citation
U.S. Federal Reserve, Housing Inventory: Median Listing Price in Rhode Island (MEDLISPRIRI), retrieved from FRED.