One in four St Louis city homeowners with a mortgage are underwater

Underwater Mortgage Photo

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%)

[xyz-ips snippet=”Foreclosures-For-Sale-and-Homes-For-Sale”]


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