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How Homeownership Is Life Changing for Many Women

Explore the profound impact of homeownership on women's lives and the housing market.
Cheryl Bower  |  March 27, 2023

The rise in women pursuing homeownership hasn’t just shifted market trends — it’s become a valuable asset for their financial stability and independence.

On the financial side, homeownership has proven to be a key wealth-building tool for single women.

Ksenia Potapov, Economist at First American, notes:

“For single women, housing has always made up a large share of total assets. Over the last 30 years, the average single woman’s wealth has increased 88% on an inflation-adjusted basis, from just over $142,000 in 1989 to $267,000 in 2019, and housing has remained the single largest component of their wealth.”

The financial security and independence homeownership provides can be life changing.

The Personal Side of Homeownership

In addition to financial reasons, personal motivations also drive single women to buy homes. A recent report from the National Association of Realtors® (NAR) highlights the top reasons single women are making this move today:

Bottom Line

Whether driven by financial growth, stability, or personal fulfillment, single women are making a powerful impact on today’s housing market. If you're considering becoming a homeowner, you're not alone—and the benefits may be greater than you think.

Stay Informed. Stay Ahead.

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