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24% Say Their Home is Worth Less Than When They Bought It

Most homeowners still say their home is worth more than when they bought it, but one-in-four now say it’s worth less.

Fifty-six percent (56%) of U.S. Homeowners say that, compared to when they bought it, their home is now worth more. That’s down from 58% in April which tied the highest level measured since October 2011. A new Rasmussen Reports national telephone survey finds that 24% say their home is now worth less than when they bought it, up from 20% in April and the highest since October. Eighteen percent (18%) say their home is worth about the same as when they bought it. (To see survey question wording, click here.)

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The survey of 708 Homeowners nationwide was conducted on June 25-26, 2013 by Rasmussen Reports.  The margin of sampling error is +/- 4 percentage points with a 95% level of confidence. Fieldwork for all Rasmussen Reports surveys is conducted by Pulse Opinion Research, LLC. See methodology.

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