UNDATED – Americans collectively owe over $12.6 trillion in mortgage debt, and the personal finance website WalletHub today released its report on the States Adding the Most Mortgage Debt, highlighting where homeowners are facing the greatest challenges. WalletHub examined proprietary data from Q3 2024 to Q4 2024 to compare mortgage debt trends across all 50 states.
South Dakota Stats
- Overall Rank: 47th
- Change in average mortgage debt: The average mortgage balance in South Dakota decreased by 0.78% from Q3 2024 to Q4 2024.
- Average mortgage debt: The average mortgage balance in South Dakota was $216,106 in Q4 2024.
- Average monthly payment: The average monthly mortgage payment in South Dakota was $1,842 in Q4 2024.
For the full report, please visit:
https://wallethub.com/edu/states-adding-the-most-mortgage-debt/132824
