Prairie State Wire

In Illinois, owners of more than 393,000 properties with mortgages have at least 50 percent equity in their homes, according to an analysis by ATTOM Data Solutions looking at home equity at the end of the first quarter.

The state ranks 41st in the U.S., with 16.1 percent of all properties with a mortgage considered “equity rich.” The analysis is based on a home’s estimated market value.

Altogether, U.S. states and the District of Columbia had more than 13.8 million properties that were equity rich at the end of March. That includes a quarter of all properties with a mortgage, which is a percentage point higher than at the end of the first quarter last year.

ATTOM Data Solutions lacked enough data for some states to rank their home equity numbers.

Home mortgage equity rankings

State	Q1 2018 Equity Rich	Q1 2018 Percent Equity Rich
Hawaii	102,799	41.6%
California	3,011,172	41.5%
New York	707,166	34.8%
Washington	532,331	33.1%
Oregon	255,629	31.8%
District of Columbia	32,409	30.9%
Colorado	392,697	30.3%
Vermont	5,014	29.5%
Texas	1,187,614	29.4%
Utah	163,218	29.0%
Montana	30,237	25.3%
Florida	1,038,829	24.6%
New Jersey	406,954	24.2%
Rhode Island	52,572	23.5%
Tennessee	301,482	23.1%
Idaho	64,039	22.8%
Nevada	142,006	22.6%
Arizona	337,840	22.6%
North Dakota	18,850	22.5%
Pennsylvania	482,898	21.7%
Wyoming	12,875	21.7%
Delaware	40,148	20.8%
Michigan	351,205	20.7%
Minnesota	178,839	20.6%
Maryland	279,821	19.3%
Wisconsin	173,101	19.1%
Alaska	19,926	19.1%
North Carolina	312,497	18.9%
South Carolina	143,196	18.7%
West Virginia	17,370	18.7%
New Hampshire	44,293	18.7%
Virginia	274,008	18.2%
Mississippi	20,982	18.0%
Indiana	171,360	17.7%
New Mexico	51,305	17.7%
Missouri	168,533	17.5%
Ohio	385,899	17.1%
Kansas	53,402	16.8%
Iowa	89,311	16.8%
Nebraska	50,023	16.5%
Illinois	393,717	16.1%
Alabama	80,175	15.9%
Georgia	261,402	15.8%
Arkansas	57,943	15.7%
Oklahoma	88,878	15.1%
Louisiana	57,745	13.3%
U.S.	13,841,082	25.3%

Source: ATTOM Data Solutions