Fact: Married couples still buy more homes than either single men or single women by at least 2X.
What isn't tracked but we presume: the difference between the three of these added up and 100% reflects the percent of unmarried couples.
Here’s what single women are doing:
- Despite the wage gap, single women are 44% more likely to cut back on nonessentials to buy their first home.
- Single women are buying homes at more than twice the rate of single men. In 2024, 24% of homebuyers were single women and 11% were single men.
- Younger women are more likely than women in older generations to say their income is growing fast enough to keep up with inflation.
- Oh, and by the way, 65% of real estate agents are females who own their homes.
Men delay homebuying for socioeconomic reasons. Men tend to:
- Delay settling down, but women prioritize stability and security earlier in life.
- Invest in other places if the housing market isn’t optimal or their job is uncertain while single women say independence, stability, and accomplishment are reasons to buy a home.
- Feel like they have more time to make decisions and women feel responsible for creating a long-term plan, especially if they don’t plan to marry soon.
- Move more often for career opportunities and value mobility.
- Feel pressure to wait until they can afford their “dream home.”
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