{"id":865,"date":"2026-06-06T16:39:12","date_gmt":"2026-06-06T16:39:12","guid":{"rendered":"https:\/\/crosscountrymovingteams.com\/?p=865"},"modified":"2026-06-06T16:39:12","modified_gmt":"2026-06-06T16:39:12","slug":"one-in-five-homebuyers-is-a-single-woman-heres-whats-driving-the-shift","status":"publish","type":"post","link":"https:\/\/crosscountrymovingteams.com\/?p=865","title":{"rendered":"One in five homebuyers is a single woman \u2013 here\u2019s what\u2019s driving the shift"},"content":{"rendered":"<div>\n<p>Despite the ongoing ups and downs of the housing market, including economic cycles and affordability obstacles including post-pandemic high interest rates, low inventory, and soaring prices, women \u2013 particularly Millennials \u2013 have continued to show resiliency.<\/p>\n<p>Read more <a href=\"https:\/\/crosscountrymovingteams.com\/?p=863\">\u2018That\u2019s the way life goes\u2019: Trump tells Knicks fans who can\u2019t afford tickets to \u2018watch it on television\u2019<\/a><\/p>\n<p>One of the most striking new developments? Among first-time buyers, single women now earn a median income of $73,000, surpassing single men (at $66,400)\u00a0for the first time ever, reflecting women\u2019s rising earning power and educational achievement.<\/p>\n<div>\n<div>\n<div><\/div>\n<\/div>\n<\/div>\n<p>Outside of income, there are additional demographic considerations driving these trends within the segment of single female homeowners. According to\u00a0NAR\u2019s 2025 Profile of Home Buyers and Sellers,71% of single female buyers have purchased a home before, indicating repeat buyers. Younger women, particularly Gen Z, now represent 30% of all single female buyers \u2013 the highest generational share on record. Still, even more younger women want to buy homes, but affordability remains a roadblock. Many younger millennials and Gen Zers want to purchase a home but can\u2019t afford it right now due to economic obstacles.<\/p>\n<p>When faced with some of these rising economic pressures and determining how much home you can afford, it\u2019s important to consider not just the sticker price of the home, but the total cost of homeownership \u2013 including closing costs, taxes, and ongoing maintenance and upkeep.<\/p>\n<p>According to a 2025 American Home Shield survey, the first year of homeownership can cost\u00a0\u00a0when factoring in down payment, furnishing, renovations and tools purchased. Notably,\u00a0\u00a0that often arise in the first year.\u00a0Hidden homeownership costs reach an average of $21,400 annually, with maintenance alone averaging $8,808 per year \u2013 often taking first-time buyers by surprise.<\/p>\n<p>Despite these obstacles, single women are determined to achieve their goal of homeownership and continue to be a driving force in the market.<\/p>\n<div>\n<div><\/div>\n<\/div>\n<p>For many, it\u2019s about building equity and long-term financial stability.\u00a0Data shows 41% of single women buyers made financial sacrifices to save enough to buy a house, including cutting back on non-essential goods, entertainment and even taking on second jobs.<\/p>\n<p>Single women tend to be more deliberate in their homebuying decisions. According to the 2025 NextGen Homebuyer Report, women use real estate platforms like Redfin and Zillow more frequently (65% vs. 58% for men) and are more likely to first consult professional advisors (67% vs. 58% for men). When selecting their home, they also tend to be more price-conscious and heavy researchers over their male counterparts. Most women buying homes want stand-alone properties \u2013 63% opt for detached single-family homes \u2013 though homeownership patterns show they are increasingly choosing a variety of property types that best align with their maintenance comfort levels and long-term goals. For many, proximity to family and friends remains a top factor when picking a neighborhood, and they\u2019re willing to compromise other factors for that sense of community.<\/p>\n<p>Read more <a href=\"https:\/\/crosscountrymovingteams.com\/?p=861\">Serena Williams\u2019 secret to success is about more than talent: You have to grind \u2018every day\u2019<\/a><\/p>\n<div>\n<div>\n<div><\/div>\n<\/div>\n<\/div>\n<p>Overall, single women demonstrate the primary motivator of their purchasing decision is the desire to own a house, and they\u2019re willing to make financial sacrifices to do it.<\/p>\n<div>\n<div><\/div>\n<\/div>\n<p>The data shows single women are driving and changing the U.S. housing market, but there are still things we can do to continue to drive the needle.<\/p>\n<div>\n<div><\/div>\n<\/div>\n<p>We can also work to tackle the total cost of homeownership and address concerns some women may have about overall maintenance and home upkeep.\u00a0According to American Home Shield\u2019s 2025 survey data, nearly half of homeowners (42%) cite maintenance and hidden costs as their primary source of regret about homeownership.<\/p>\n<p>For many single women, the challenge is not just paying for repairs \u2014 it\u2019s figuring out who to trust, whether the recommended work is necessary, and whether they\u2019re being charged fairly.<\/p>\n<p>A home warranty can help reduce that uncertainty by connecting homeowners with qualified contractors. So, instead of scrambling to compare quotes or second-guess repair recommendations, homeowners have a more predictable process when something breaks. Beyond convenience, home warranties can provide budget protection and greater peace of mind when unexpected repairs arise.<\/p>\n<p>If there\u2019s one thing that\u2019s a certainty, it\u2019s that change is constant, and the housing market is no exception. But today\u2019s housing market isn\u2019t just evolving; women are driving it.<\/p>\n<div>\n<div>\n<div><\/div>\n<\/div>\n<\/div>\n<p><em>The opinions expressed in Fortune.com commentary pieces are solely the views of their authors and do not necessarily reflect the opinions and beliefs of\u00a0<\/em>Fortune<em>.<\/em><\/p>\n<p>Read more <a href=\"https:\/\/crosscountrymovingteams.com\/?p=859\">Bernie Sanders and Sam Altman\u2019s private one-hour meeting about the public ownership of AI<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Rising incomes, financial discipline and shifting life priorities are changing the market\u2014even as affordability and hidden costs remain major barriers.<\/p>\n","protected":false},"author":1,"featured_media":864,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[178],"tags":[],"class_list":["post-865","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-housing"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - 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