According to the 2016 Profile of Home Buyers and Sellers, married couples have the higher household income, but first-time homebuyers are more than likely to be single females or males. However, today, single female buyers only made up 17 percent of buyers while the share of single male buyers is 7 percent less. In past years, single females made up more than one-fifth of the market place and single males made up more than one tenth of recent buyers. This suggests that while strict lending conditions continue, married couples are still better able to provide the purchasing power needed to buy a home.
NAR Library & Archives has already done the research for you. References (formerly Field Guides) offer links to articles, eBooks, websites, statistics, and more to provide a comprehensive overview of perspectives. EBSCO articles (E) are available only to NAR members and require a password.
Source: Women Homebuying Facts Infographics, (MGIC Connects)
Statistics on Women and Homeownership
Interestingly, single female buyers accounted for twice as large a share as single male buyers for repeat buyers (18 and 9 percent) and first-time buyers (18 and 10 percent).
Single females wanted help to find the right home (56 percent) more than other household compositions.
Single females who sold their home increased this year to 17 percent, continuing a four year increase.
The most frequently purchased housing type among all buyers was a detached single-family home. Single females and single males were the most likely to have purchased a townhouse or row house, over any other household type.
Single females more than any other household composition cited the convenience to friends and family as an influencing factor in their neighborhood choice, at 46 percent.
Single female buyers were the least likely to make compromises when choosing their home at 39 percent.
Source: 2018 NAR Profile of Home Buyers and Sellers (National Association of REALTORS®, 2018)
Women & Homeownership Trends
Single Women Second Largest Group of Homebuyers (New Jersey Real Estate Report, Mar. 4, 2019)
Single Men Own Pricier Homes Than Women, But the Gap May Change (National Mortgage News, Feb. 2019) E
New Orleans Ranks as City with Highest Homeownership among Single Women: Report (NOLA, Dec. 23, 2018)
Single Men vs. Single Women: Where Are They Buying? (REALTOR® Magazine, Dec. 17, 2018)
When It Comes To Homeownership, The Future Is Female (Forbes, Aug. 9, 2018)
Why Single Women Are Buying Homes at Twice the Rate of Single Men (Bloomberg, Jan. 31, 2017)
Home Repair & Construction
Repairing and Improving a Home (USA.gov, Mar. 18, 2019)
8 Home Repairs You Can DIY—And 8 You Should Always Hire a Pro to Do (Real Simple, Sep. 24, 2018)
So Now You Own a Home. Do You Know How to Maintain it? (The New York Times, Sep. 7, 2018)
First-Time Homebuyer Grants for Single Mothers (SFGate, Dec. 15, 2018)
How Agents Can Better Serve Single-Women Homebuyers (RISMedia, Sep. 19, 2018)
A Single Woman’s Guide to Buying Her First Home (Black Enterprise, Mar. 2017)
Fair Housing and Equal Opportunity (U.S. Department of Housing and Urban Development, 2019)
The State of the Nation's Housing: 2018 (Joint Center for Housing Studies at Harvard University, 2018)
2018 Women Housing Ecosystem Report (National Association of Women in Real Estate Businesses, 2018)
eBooks & Other Resources
The following ebooks and digital audiobooks are available to NAR members:
Wise Women Invest in Real Estate (eBook)
Books, Videos, Research Reports & More
The resources below are available for loan through Member Support. Up to three books, tapes, CDs and/or DVDs can be borrowed for 30 days from the Library for a nominal fee of $10. Call Member Support at 800.874.6500 for assistance.
Own It!: The Ups and Downs of Homebuying for Women Who Go It Alone (Berkeley, CA: Seal Press, 2008) HF 5438 M97
Single Woman's Guide to Real Estate (Avon, MA: Adams Media, 2006) HF 5438 R18s
Buying Solo: The Single Woman' Guide to Buying a First Home (New York, NY: Penguin Group, 2005) HF 5438 Su6
Redesigning the American Dream: Gender, Housing, and Family Life (New York, NY: W.W. Norton & Co., 2002) HD 7293 H39
Americans and Their Homes: Demographics of Homeownership (Ithaca, NY: New Strategist Publications, 1998) HD 1341 R91
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