
Single Women Outearning Men in Home Buying
About this episode
Single women are now outearning single men in home purchases, a trend that has been growing since the 1980s. Despite higher home prices, they make up 25% of first-time buyers, double that of men. Experts attribute this to women prioritizing homeownership, often with family in mind, and having more work experience and savings. Black single women are particularly driving this trend, making up nearly 40% of Black buyers. This shift is reshaping the market, with lenders and agents needing to adapt to this growing demographic.
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Durham News Today | 2 Min News | The Daily News Now! — Single Women Outearning Men in Home Buying. Machine-transcribed; use the interactive transcript above to jump the player to any line.
For the first time since 1981, single women buying their first homes are out earning single men, pulling in a median 73. $1,000 a year compared to 66,400 for guys. That's straight from the National Association of Realtors' latest profile on buyers and sellers, covering deals from July 2024 to June 2025. This flip happened even as home prices hover around $398,000, making it tougher than ever for first-timers to jump. In, single women now make up 25% of those buyers, double to 10% from single men, and they've been leading this charge for years, widening the gap since the 80s. Experts like NAR's Jessica Lauts point to women prioritizing ownership hard, often with kids in tow or buying multi-generational spots for stability. They're older too, median age 44 versus 39, for men, with more work history, savings, and even selling prior homes, 41%.
Do that compared to 31% of guys. Black single women are driving this even more, hitting 39% of black buyers, close to married couples, way ahead of other groups. They cut back on fun stuff like clothes and entertainment to save, seeing homes as key to building wealth, despite the broader pay gap. Whether this sticks around or flips back, single women are reshaping the market as the number two buyer group overall. Lenders and agents better pay attention. This force shows no signs of slowing down. Local news, powered by AI. This is Durham News Today.
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