Connecticut Homeowners Gain $33,000 in Equity
Average home equity in Connecticut rose by $33,000 between spring 2025 and 2026, the third-largest gain in the nation, according to Cotality data.
Updated on Nov. 5, 2026 in Residential
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Connecticut homeowners gained an average of $33,000 in home equity from spring 2025 to spring 2026, according to Cotality. The state's gain ranked third nationally, behind New York and New Jersey.
Why it matters
Rising equity gives Connecticut homeowners more borrowing capacity, yet most of the nation's record home equity remains unused. Many owners are staying put because pandemic-era mortgage rates are low compared with current rates, making a move costly.
Cotality data shows Connecticut's average homeowner equity reached $373,000, with an average gain of $33,000 over the measured year. The data does not indicate how much of that equity homeowners plan to borrow against.
The players
Cotality
Cotality is a property data and analytics company whose reports track home equity trends across the United States.
LendingTree
LendingTree is an online loan marketplace whose chief financial officer discussed record home-equity balances with investment analysts.
The details
Equity gains come from mortgage payments and changes in property values. Homeowners can access equity through home equity loans or home equity lines of credit, though many have not yet done so.
Timeline
During the COVID-19 pandemic, homeowners locked in low mortgage rates.
Spring 2025 to spring 2026: Connecticut's equity gain measurement period.
Entering September: U.S. home equity reached a record $34.9 trillion.
Market Landscape
Connecticut's gain follows Cotality's record national home equity total of $34.9 trillion entering September. The state's position behind only New York and New Jersey places it among the strongest equity-gaining markets in the country.
Homeowners with equity can borrow through home equity loans or lines of credit, but borrowing against a home carries risk if property values fall. The Federal Trade Commission offers a primer on how home equity lines of credit work.
The takeaway
Homeowners sitting on rising equity should understand their borrowing options before making decisions. Comparing current mortgage rates against an existing low rate can clarify whether tapping equity or staying put makes more financial sense.
Further reading
Explore more Connecticut residential real estate news and trends.
More information
Read the FTC primer on home equity lines of credit for guidance on borrowing against home equity.
Source note: This article includes information reported by New Haven Register.
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