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U.S. Home Equity Year Over Year Average Gain

  • Martha McDonnell
  • 06/18/24

California homeowners saw the largest equity gain at $64,000, while New Jersey came in second place nationally; homeowners averaged $59,000 over the past 12 months.

U.S. homeowners with mortgages (roughly 62% of all properties) saw their equity increase by 9.6% year-over-year gain.

Negative Equity Decreased by 2.1% from Q4 2023 and by 16.1% from Q1 2024.

Source:  The CoreLogic Homeowner Equity Insights Report