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Single Homeowners – How do females and males compare?

Male and Female symbol

Single Homeowners – How do females and males compare?Male and Female symbol

I think it’s pretty clear to most that being a single female is very different than being a single male. That holds true among single homeowners as well.

A the recent survey published by the National Association of Realtors breaks down statistics and demographics for several segments of US Homeowners.

I thought it would be interesting to check out the differences between single female and single male homeowners.

Share of homeowners that are Single

Single Female Homeowners: 17% of all respondents
Single Male Homeowners: 7% of all respondents

Percentage of Percentage of Single Homeowners that are First Time Homebuyers in 2016

Single Female Homeowners: 36%
Single Male Homeowners: 36%

Median Age of Single Homeowners in 2016

Single Female Homeowners: 50
Single Male Homeowners: 47

Median Income of Single Homeowners in 2016

income-plan-vector-illustration_myyecapu_l Single Female Homeowners: $55,300
Single Male Homeowners: $69,600income-growth-vector-illustration_fk7lc0vo_l

Primary reason a Single Homeowner purchased in 2016

Single Female Homeowners: Desire to own (38%)
Single Male Homeowners: Desire to own (37%Multi generational Housing

Percentage of Single Homeowners who bought a multi-generational home  in 2016

Single Female Homeowners: 12%
Single Male Homeowners: 12%

Percentage of Single Homeowners that purchase using an agent/broker in 2016

Single Female Homeowners: 89%
Single Male Homeowners: 89%

Type of property purchased by Single Homeowners in 2016

Ranch Style house
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Single Female Homeowners:Detached Single Family Home (74%), Townhouse (12%), Condo (9%)
Single Male Homeowners: Detached Single Family Home (74%), Townhouse (9%), Condo (8%)

Percentage of Single Homeowners that purchase New Construction Homes in 2016FHA Approved Condos

Single Female Homeowners: 13%
Single Male Homeowners: 8%

I guess men and women are more alike than they are different, that is except when it comes to income  equality!

Cick on the thumbnails below to see an expanded view of the information published by NAR.

profile of single female homeowners in 2016profile of single male homeowners in 2016

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