Breaking the Mold: Single Women Lead in Homeownership

Dated: January 29 2024

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In the ever-changing landscape of the housing market, a remarkable trend has emerged—single women are outpacing single men in homeownership. Let's unravel the facts behind this intriguing shift.

Facts:

High Rates in Unlikely Places

Single men hold the highest homeownership rates in New Mexico, North Dakota, and Alaska, with percentages standing at 12.85%, 12.74%, and 12.44%, respectively.

Single-Women Powerhouses

Delaware, Louisiana, and Mississippi boast the highest single-women homeownership rates. In these states, 15.19%, 14.84%, and 15.34% of owner-occupied households are owned by single women, surpassing their single male counterparts.

Numbers:

States with the Largest Share of Single-Women Homeowners:

#1. Delaware

Owner-occupied households: 298,861
Single women homeowners: 15.34%
Single men homeowners: 9.45%
Gender gap: 5.89 percentage points

#2. Louisiana

Owner-occupied households: 1,232,105
Single women homeowners: 15.19%
Single men homeowners: 10.71%
Gender gap: 4.48 percentage points

#3. Mississippi

Owner-occupied households: 803,857
Single women homeowners: 14.84%
Single men homeowners: 10.85%
Gender gap: 3.99 percentage points


States with the Largest Share of Single-Men Homeowners

#1. New Mexico

Owner-occupied households: 604,224
Single women homeowners: 14.49%
Single men homeowners: 12.85%
Gender gap: 1.64 percentage points

#2. North Dakota

Owner-occupied households: 214,827
Single women homeowners: 10.66%
Single men homeowners: 12.74%
Gender gap: -2.08 percentage points

#3. Alaska

Owner-occupied households: 182,626
Single women homeowners: 10.28%
Single men homeowners: 12.44%
Gender gap: -2.16 percentage points


This shift in homeownership dynamics prompts us to rethink traditional norms. Single women are not just breaking the glass ceiling in their professional lives; they're shattering expectations in the realm of real estate. Join us in exploring this empowering trend that is reshaping the housing narrative.

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Ritu Desai

Real Estate Market🏠 . With nearly 2️⃣0️⃣ years of experience in the real estate industry, Ritu has built a reputation as a hard-working Realtor with the intellect, knowledge, and experience....

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