For US homeowners over 62, home equity represented ~half or more of net worth in 2022, making ownership central to retirement finances.
Median home values were $320K for US owners ages 65 to 74 and $286K for ages 75+, setting useful retiree benchmarks overall.
Home value is only the starting point; home equity, after mortgage debt, was a median $250K for homeowners 65+ in 2022 overall.
Mortgage rates, local demand, insurance costs, neighborhood trends, and market location can influence whether a retiree's home outperforms national benchmarks over time.
Modest upkeep can support value: fix broken items, declutter, refresh paint or landscaping, and update visible kitchen or hardware details where practical.
