03/20/2025
As we commemorate Women’s History Month, we want to celebrate the progress that single women have made in pursuit of the dream of homeownership.
We break down the key highlights for you:
• In 2024 single women increased their homeownership rate to ~52% while the overall homeownership rate declined.
• Over 20 million single women owned homes in 2024, surpassing single men both in number (14 million homes owned) and in homeownership rate (49.6%).
• Women have made financial sacrifices to achieve this goal such as cutting spending on non-essential goods, canceling vacations, and even taking second jobs.
• These efforts underscore the importance of homeownership for single women, who recognize the long-term benefits of wealth accumulation through house price appreciation and equity gains from monthly mortgage payments.
• Women have increasingly pursued higher education, which is linked to larger incomes, and larger incomes improve the likelihood of homeownership. These fundamentals, which have fueled the surge in homeownership among women, show no signs of slowing.
Let’s hear it for these hardworking ladies- show some love below!