New England Homeowners Cash In: Equity-Rich Boom, But Where’s Connecticut?
- Neil Caron
- Jul 21
- 2 min read
July 21, 2025 | Market Trends | Presented by ReadySetLoan™
Home equity has become a hot topic in 2025, and for good reason: homeowners across the U.S. are sitting on a record amount of equity, with nearly half of all mortgaged homes now considered equity-rich (meaning owners have at least 50% equity in their property).
According to ATTOM’s latest report, over 46% of U.S. mortgaged homes are equity-rich, reflecting years of rising home prices and steady mortgage payments. But where does New England — and specifically Connecticut — stand in this equity race?
🏡 New England’s Strong Showing
When it comes to equity-rich properties, New England absolutely shines. The region dominates the national rankings:
Vermont leads the entire nation with a staggering 85.8% of mortgaged homes equity-rich.
New Hampshire claims second place at 60.5%.
Rhode Island sits close behind at 59.8%.
Maine comes in strong at 58.9%, rounding out the top five.
Massachusetts is also in the top ten at 55.9%, up from 53.3% last year.
Six of the ten leading states for home equity are located in the Northeast — clear evidence that New England homeowners are reaping big rewards.
🧐 Connecticut: Quietly Climbing
So, where is Connecticut in this New England equity boom?
Connecticut actually ranks 20th nationally, with 48.0% of mortgaged homes equity-rich.
While this might not seem impressive at first glance, it represents a remarkable jump from 42.2% just one year ago — the largest year-over-year increase of any state in the country!
RSL Piggy Points 🐷💡
Connecticut’s counties leading the equity surge include New London, Litchfield, New Haven, Fairfield, and Windham.
Even if it’s not topping the charts, Connecticut homeowners are building equity at a record pace.
💰 Why Does Equity Matter?
High home equity provides powerful financial flexibility for homeowners. With more equity, you can:
Access cash through refinancing or home equity loans.
Invest in renovations to boost your home’s value.
Strengthen your overall financial health and lower your risk profile.
As ReadySetLoan™ always says: Your home isn’t just a place to live — it’s a powerful wealth-building tool!
🎯 RSL Perspective
The strong performance across New England signals a robust, resilient housing market in our region. Connecticut may not be at the very top, but its rapid equity growth is a clear indicator of market strength and homeowner confidence.
At ReadySetLoan™, we love helping Connecticut homeowners understand and maximize their equity. Whether you're considering tapping into that equity for a renovation project, paying down debt, or simply planning for the future, we're here to guide you every step of the way.
✅ The Bottom Line
New England is crushing it when it comes to home equity — Vermont, New Hampshire, Rhode Island, Maine, and Massachusetts lead the nation.
Connecticut is catching up fast, showing the biggest annual equity gain of all states.
Strong home equity gives homeowners more options and more financial security.
📞 Ready to put your home equity to work?
Connect with ReadySetLoan™, your trusted educational resource and home financing guide.
We’ll help you understand your options and plan your next move with confidence.
Comments