A new report just released by ATTOM Data revealed that nearly one of every four homeowners (24.3 %) in the city of St Louis that have a mortgage, are underwater on equity (meaning property owner owes at least 25% more on their home than the current value). At the other end of the spectrum was St Charles County where just 3.9% of homeowners with a mortgage are underwater.
Below is a list of the larger counties in the St Louis MSA and the percentage of the mortgages in the respective county that was underwater during the 4th quarter of 2022:
- City of St Louis, MO (24.3%)
- Saint Clair County, IL (15.5%)
- Madison County, IL (13.4%)
- Franklin County, MO (10.5%)
- St Louis County, MO (9.7%)
- Jefferson County, MO (8.1%)
- St Charles County, MO (3.9%)
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