California Homeowners Amass $627,000 Average Equity as Scarcity Limits Local Buying Power

By Allaire Conte · Realtor.com · 2026-07-23

California Homeowners Amass $627,000 Average Equity as Scarcity Limits Local Buying Power

Data from Realtor.com indicates that the typical mortgaged household in California now holds $626,900 in home equity, nearly doubling the national average. While this wealth provides a significant safety net, the state's median home price of $904,640 means most residents must rel

Data from Realtor.com indicates that the typical mortgaged household in California now holds $626,900 in home equity, nearly doubling the national average. While this wealth provides a significant safety net, the state's median home price of $904,640 means most residents must rel