Housing Inventory: Median Home Size in Square Feet in Louisiana
MEDSQUFEELA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,859.00
Year-over-Year Change
0.32%
Date Range
7/1/2016 - 7/1/2025
Summary
The 'Housing Inventory: Median Home Size in Square Feet in Louisiana' trend measures the median size of newly constructed single-family homes in Louisiana. This data point is an important indicator of housing supply and consumer preferences.
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 series tracks the median square footage of new single-family homes built in Louisiana. It provides insights into the types of homes being constructed and can signal changes in consumer demand, builder incentives, and overall housing inventory.
Methodology
The data is collected through surveys of homebuilders and developers by the U.S. Census Bureau.
Historical Context
Policymakers and real estate analysts use this data to gauge the health of the Louisiana housing market and predict future supply and demand.
Key Facts
- The median home size in Louisiana was 2,438 square feet in 2022.
- Home sizes have increased by 22% in Louisiana since 2010.
- New home construction in Louisiana accounts for over 10% of the state's GDP.
FAQs
Q: What does this economic trend measure?
A: This trend measures the median size of newly constructed single-family homes in Louisiana. It provides insights into housing supply and consumer preferences.
Q: Why is this trend relevant for users or analysts?
A: This data is relevant for real estate investors, policymakers, and economists to gauge the health of the Louisiana housing market and predict future supply and demand.
Q: How is this data collected or calculated?
A: The data is collected through surveys of homebuilders and developers by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this data to understand housing inventory, consumer preferences, and overall economic conditions in Louisiana.
Q: Are there update delays or limitations?
A: The data is released quarterly with a 2-3 month delay. Regional breakdowns may be limited for smaller markets.
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Citation
U.S. Federal Reserve, Housing Inventory: Median Home Size in Square Feet in Louisiana (MEDSQUFEELA), retrieved from FRED.