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Homeowners in California and Hawaii are the greatest potential beneficiaries from the elimination of the capital gains tax on home sales, according to a new data report from Redfin.

The new report noted that California’s the median home value is $766,896 and the typical capital gain of all homes is $332,659. Redfin also observed that 62.3% of Californian homes gained at least $250,000 since they were last sold, the highest share of any state, while 33% gained more than $500,000.

Compared to California, Hawaii has a slightly lower share of homes that have gained more than $250,000 in value (61%), but a slightly higher share of homes that have gained $500,000 (34.6%) and a higher overall median capital gain ($338,346). Rounding out the top five states with the highest share of homes that have gained at least $250,000 in value since they were last sold are Massachusetts (58.4%), Washington (54.1%) and New Jersey (52.2%).

At the other end of the spectrum, Mississippi homeowners have the least to gain in this scenario. The state’s the median home value is $254,319 and only 1.2% of homes have gained $250,000 in value since they were last sold – with a scant 0.1% having gained $500,000. North Dakota, Iowa, Oklahoma and Wyoming round out the five states with the lowest share of homes that have gained enough value to trigger the capital gains tax.

Last month, Rep. Marjorie Taylor Greene (R-GA) introduced the No Tax on Home Sales Act, which is designed to eliminate the federal capital gains tax on the sale of primary residences. President Trump stated that his administration was considering ending capital gains taxes on home sales, but so far there has been no action from the White House on that issue.

“A lot of baby boomers say they never plan to sell their homes—but that mindset could shift if capital gains are taken off the table,” said Redfin Chief Economist Daryl Fairweather. “With the financial barrier removed, more may decide to sell and either downsize or relocate, potentially freeing up housing inventory and putting downwards pressure on home prices. But it’s important to note that these homes are not starter homes, they are more likely to be million-dollar homes that are out of reach for most homebuyers. The impact of the tax break would also not be felt nationwide—it would disproportionately benefit wealthier homeowners from coastal states like California. Some states, especially in the South and Midwest, would see far less impact.”