Cities With Robust Home Equity

While a recent report from the Standard & Poor's/Case-Shiller U.S. National Home Price Index released last week showed that housing values have dropped by 15.4 percent nationally, there remains a good handful of cities that have retained healthy home-equity values.

Last month Forbes.com named their top five metro areas that showed home values remaining relatively stable. The cities on the list were places that didn't see much price appreciation, while the rest of the country was seeing home values triple during the housing boom.

This 5-bed, 4-bath Beaumont, TX, home is listed at $895,000.

1. Beaumont, TX:
• Average home equity: $76,458
• Home equity as percent of value: 75 percent
• Home equity as percent of value (2007): 79 percent

View Beaumont, TX, homes for sale

This 4-bed, 3-bath Corpus Christi, TX, home is listed at $839,900.

2. Corpus Christi, TX:
• Average home equity: $83,912
• Home equity as percent of value: 72 percent
• Home equity as percent of value (2007): 73 percent

View Corpus Christi, TX, homes for sale

This 4-bed, 3-bath, Gulfport, MS, home is listed at $269,900.

3. Gulfport, MS:
• Average home equity: $85,997
• Home equity as percent of value: 71 percent
• Home equity as percent of value (2007): 76 percent

View Gulfport, MS, homes for sale

This 4-bed, 4-bath Charleston, WV, home is listed at $739,000.

4. Charleston, WV:
• Average home equity: $63,521
• Home equity as percent of value: 67 percent
• Home equity as percent of value (2007): 70 percent

View Charleston, W. VA, homes for sale

This 5-bed, 4-bath El Paso, TX, home is listed at $875,000.

5. El Paso, TX:
• Average home equity: $71,565
• Home equity as percent of value: 67 percent
• Home equity as percent of value (2007): 69 percent

View El Paso, TX, homes for sale

Got hot local housing tips or a story you want to share? Contact Amy Le at openingdoorsblog@HomeFinder.com.

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