Single Women Exceed Homeownership of Single Men in Growing US Market

Recent studies reveal a significant trend in homeownership dynamics, with single women in the U.S. outpacing single men in property ownership. A LendingTree analysis shows that single women own approximately 2.72 million more homes than single men, controlling 11.14 million homes compared to men's 8.42 million. This trend continues despite women earning only 83.6% of men's median weekly wages, suggesting that they are more willing to make sacrifices for homeownership. Conversely, in South Korea, single women also dominate the reverse mortgage program, making up 38% of new participants, significantly more than single men at 8.1%. Factors contributing to these trends include women's longer life expectancy, financial planning preferences, and educational attainment. The states with the highest rates of single-women homeowners include New Mexico, Mississippi, and West Virginia, where women significantly surpass men in homeownership rates.