The median home equity for homeowning households increased by about $47,900 during the COVID-19 pandemic, from $150,146 in 2019 to $198,000 in 2022, according to the U.S. Census Bureau. The rise helped to increase the median net worth of U.S. households by about $40,000, from $136,500 in 2019 to $176,500 in 2022 (adjusted for inflation). Among more commonly held assets, home equity had the largest value. In 2022, 62.2% of households reported home equity with a median value of $198,000, and 35.7% held home debt with a median value of $160,000. Read more in PAR JustListed.
Source: PAR JustListed; 1/15/2025