According to a new analysis by real estate data firm Attom, New Hampshire has one of the nation’s highest shares of homes with a lot of built-up equity.

The analysis said 60.3 percent of homes statewide were “equity-rich,” the second-highest share in the nation.

Attom defined equity-rich as “the combined estimated amount of loan balances secured by those properties was no more than half of their estimated market value.”

Vermont led the nation by a large margin in Attom’s analysis, with 84.5 percent of homes qualifying as equity-rich. Rhode Island, with 60.3 percent of its homes qualifying, rounded out the top three states in the analysis.

Nationally, only 47.4 percent of homes were equity-rich. That’s up from 46.2 percent in the first quarter of this year but down from 49.2 percent in the second quarter of 2024.

“With home prices at record highs you’d expect to see owners enjoying more equity in their homes so it’s good to see equity-rich rates rebound after a few slower quarters,” Rob Barber, CEO of Attom, said in a statement. “Unfortunately, the increase in equity-rich rates we saw in the second quarter hasn’t been spread evenly throughout the country,” he added. “In some states, particularly Louisiana, too many homeowners are still struggling with loan balances that are more than their homes are worth.”