Negative equity is not only down in Houston, but almost entirely absent in the area’s housing market.

Last week, we reported a much-needed dosage of good news – that after peaking a few years back, negative equity in Houston has fallen an insane 76.3 percent, keeping it well ahead of the national average.

This week, we’re reporting even more good news – simply, that across all price points, negative equity in Houston is extremely low.

Based on exclusive numbers that Zillow provided us, here is now it breaks down:

• In Houston’s upper-tier markets, which Zillow considers homes priced $230,800 and above, only 4.96 percent of homes are in negative equity.
• In the middle-tier markets, which are priced $121,250 to $230,800, that share rises to just 7.09 percent.
• And finally, in the lower-tier markets priced $121,250 and below, that share only goes to 11.41 percent.

See our graph below to see how Houston’s numbers compare with other major metro areas: