Housing Inventory: Median Home Size in Square Feet in Mississippi
MEDSQUFEEMS • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,981.00
Year-over-Year Change
-0.60%
Date Range
7/1/2016 - 7/1/2025
Summary
This economic trend measures the median size of new single-family homes in square feet for the state of Mississippi. It provides insights into housing construction and consumer preferences in the local real estate market.
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 Housing Inventory: Median Home Size in Square Feet in Mississippi is a key indicator of the size and composition of new residential construction in the state. It is used by economists, policymakers, and real estate professionals to analyze housing supply, consumer demand, and broader economic trends.
Methodology
The data is collected through surveys of homebuilders and real estate agents by the U.S. Census Bureau.
Historical Context
This metric is relevant for understanding housing affordability, construction industry activity, and consumer behavior in Mississippi's real estate market.
Key Facts
- The median new home size in Mississippi was 2,000 square feet in 2021.
- Home sizes have increased by 25% in Mississippi over the past decade.
- Larger homes make up a growing share of new construction in the state.
FAQs
Q: What does this economic trend measure?
A: This trend measures the median size of new single-family homes built in the state of Mississippi, providing insights into housing construction and consumer preferences.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for understanding housing affordability, construction industry activity, and consumer behavior in Mississippi's real estate market.
Q: How is this data collected or calculated?
A: The data is collected through surveys of homebuilders and real estate agents by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this data to analyze housing supply, consumer demand, and broader economic trends in Mississippi.
Q: Are there update delays or limitations?
A: The data is published quarterly with a 1-2 month delay, and may not fully capture all new home construction in the state.
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Citation
U.S. Federal Reserve, Housing Inventory: Median Home Size in Square Feet in Mississippi (MEDSQUFEEMS), retrieved from FRED.