Leave a Message

Thank you for your message. We will be in touch with you shortly.

As Home Equity Rises, So Does Your Wealth

As Home Equity Rises, So Does Your Wealth

Homeownership is still a crucial part of the American dream. For those people who own a home (and those looking to buy one), it’s clear that being a homeowner has considerable benefits both emotionally and financially. In addition to long-term stability, buying a home is one of the best ways to increase your net worth. This boost to your wealth comes in the form of equity.

Equity is the difference between what you owe on the home and its market value based on factors like price appreciation.

The best thing about equity is that it often grows without you even realizing it, especially in a sellers’ market like we’re in now. In today’s real estate market, the combination of low housing supply and high buyer demand is driving home values up. This is giving homeowners a significant equity boost.

According to the latest data from CoreLogic, the amount of equity homeowners have has continued to grow as home values appreciate. Here are some key takeaways from the Homeowner Equity Insights Report:

  • The average homeowner gained $51,500 in equity over the past year
  • There was a 29.3% increase in national homeowner equity year over year
As Home Equity Rises, So Does Your Wealth | MyKCM

To give you an idea of what that looks like in your area, the map below shows the average equity gains by state.

What does all of that mean for you?

If you’re already a homeowner, you likely have more equity in your house than you realize. The numbers in the map above reflect year-over-year growth. If you’ve been in your home for longer than a year, you’ll likely have even more equity than that. That equity can take you places. You can use the equity you’ve gained to fuel your next move, achieve other life goals, and more.

On the other hand, if you haven’t purchased a home yet, understanding equity can help you realize why homeownership is a worthwhile goal. Homeowners across the nation gained an average of over $50,000 in equity this year. Don’t miss out on this chance to grow your net worth.

Bottom Line

If you want to learn more, let’s connect. A trusted advisor can help you understand where home prices are today, how they contribute to a homeowner’s net worth, and the impact equity can have when you own a home.

Recent Blog Posts

Stay up to date on the latest real estate trends.

SF Market Update - August 2025

While much of the Bay Area is experiencing inventory issues, the vast majority of areas are seeing inventories begin to pile up. As we know, San Francisco has the oppo… Read more

East Bay Market Update - August 2025

Median sale prices in the East Bay have fallen for six months straight.

First-Time Homebuyer Webinar

RSVP Below for Webinar Link | Join Us on 9/10 @ 5:30PM for a 1-Hour First-Time Homebuyer Webinar to Learn What it Takes to Buy a Home & More!

San Francisco Market Update - July 2025

Single-family home median sale prices rose by 4.42% on a year-over-year basis, while condo median sale prices rose by 10.52%. Additionally, the average single-family h… Read more

East Bay Market Update - July 2025

Single-family inventory levels are 20.05% higher on a year-over-year basis, and condo inventory levels are 13.15% higher.

San Francisco Market Update - June 2025

Although many markets have seen a downtrend in pricing, San Francisco has remained incredibly resilient.

East Bay Market Update - June 2025

Although prices have been incredibly resilient in the East Bay, the future of this stability is very uncertain, as inventories have been growing at a tremendous rate.

SF Market Update - March 2025

Single-family homes continue to be a hot commodity, while condos continue to sit on the market.

East Bay Market Update - March 2025

Inventory levels are increasing drastically throughout the entire East Bay, with the area seeing over 40% more active listings than this time last year.

Let’s Talk

You’ve got questions and we can’t wait to answer them.