IRVINE, Calif: ATTOM Data Solutions, curator of the nation's premier property database and first property data provider of Data-as-a-Service (DaaS), released a special political housing analysis today showing that average homes in Democrat-controlled counties around the nation are worth 75 percent more than those in Republican-controlled counties.

The analysis also shows that homeowners in Democratic areas are more likely to have substantial equity established, while, property taxes in counties that lean Republican are roughly half of what homeowners pay in Democratic areas.

Among roughly 3 million single family homes sold in 2019 in the United States, the average price in counties with Democratic members of the U.S. House of Representatives was $428,958, compared to $245,085 in Republican-leaning counties.

When it comes to equity built up in their properties, 31 percent of homeowners with mortgages in Democratic-leaning areas are considered equity-rich, meaning the balance remaining on their loans is less than half the estimated value of their homes. Just 24.3 percent of owners in Republican-controlled areas fall into that category. Moreover, 4.9 percent of owners in Democratic counties are seriously underwater, meaning they owe at least 125 percent of the value of their properties; while 7.2 percent are seriously underwater in Republican counties.

On the flip side, homeowners in Republican-controlled districts pay lower property taxes — $2,676 on average, compared to $5,127 in Democrat-controlled districts. Republican counties also have fewer homes that have been taken over by lenders in foreclosure proceedings about 50,000, versus 61,000 in Democratic counties.

Homes Worth More In Democrat Areas Around U.S. While Republican Homeowners Pay Less Property Taxes

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