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85209.com > Blog > Real Estate > The Big Difference Between Renter and Homeowner Net Worth
Real Estate

The Big Difference Between Renter and Homeowner Net Worth

Last updated: November 15, 2024 11:30 am
Published: November 15, 2024
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The Big Difference Between Renter and Homeowner Net Worth Simplifying The Market

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Some Highlights

  • If you’re torn between renting or buying, don’t forget to factor in the wealth-building power of homeownership.
  • Unlike renters, homeowners gain equity as they pay their mortgage and as home values rise. That’s why, on average, a homeowner’s net worth is nearly 40x higher than a renter’s. 
  • Connect with an agent if you want to learn more about the financial benefits of homeownership or the programs that can help make buying possible.
If You’re Thinking of Selling Your House This Fall, Hire a Pro
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Your Journey to Homeownership [INFOGRAPHIC]
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