Mapshousing

Map of Underwater Mortgages in the United States

Share of mortgaged homes that are seriously underwater, meaning the owner owes at least 25% more than the home is worth. State-level ATTOM figures (the only free source for this metric); the same value applies to every area within a state. Lower is better.

Data updated 2025 - Source: ATTOM Data Solutions (U.S. Home Equity & Underwater Report)

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Category

housing

Native level

State

Unit

Percentage

Vintage

ATTOM Q4 2025

States ranked by underwater mortgages

50 states with data (ATTOM Q4 2025). Top 10 highest and bottom 10 lowest.

Top 10 states by underwater mortgages
RankStateValue
1Louisiana10.7%
2Mississippi8.3%
3Kentucky7.9%
4Iowa5.8%
5Arkansas5.6%
6Oklahoma5.4%
7Kansas5.3%
8Illinois4.7%
9Missouri4.6%
10West Virginia4.4%
Bottom 10 states by underwater mortgages
RankStateValue
50Vermont0.7%
49Rhode Island1.0%
48New Hampshire1.2%
47Massachusetts1.3%
46Connecticut1.6%
45New Jersey1.7%
44California1.7%
43New York1.8%
42Hawaii1.9%
41Nevada1.9%

About this map

hearthmap renders underwater mortgages as a choropleth map of the United States. Zoom in to see state values shaded against the rest of the country, and click any region to see its exact value with margin of error.

You can layer filters and a custom match score on top of underwater mortgagesto find places that match what matters to you. Combine it with school ratings, housing prices, commute times, and more.

Source: ATTOM Data Solutions (U.S. Home Equity & Underwater Report) · ATTOM Q4 2025

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