Breaking the Mold: Single Women Lead in Homeownership

Dated: January 29 2024

Views: 4

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.

Blog author image

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....

Latest Blog Posts

5 STARS! Thank you so much for your trust, more business to come | Testimonial Tuesday

"Working with Ritu Desai was an absolute pleasure. Her attention to detail and commitment to providing exceptional service made selling our home in Aldie, VA a stress-free experience. Ritu was

Read More

Don't Make This Big Mistake When Selling Your Home!

Thinking about selling your home? Before you do, let's talk about one of the most common slip-ups people make: getting the price wrong.The Problem with PricingWhen you put your home on the market,

Read More

DC Metro Housing Market Update - Valentine’s Day Edition!

Hey there, whether you were celebrating Valentine's, Galentine's, Friendship Day, or just making it through today, I hope you're having a fantastic time! Let's talk a bit about what's going on in

Read More

JUST SOLD! 43755 Carson Ct, Ashburn, VA

Exciting news! We've just sold an incredible home that's every homeowner's dream come true. Situated in a peaceful neighborhood, this property is packed with features designed for comfort and style

Read More