T
he Solo Homebuyer's Advantage: States Where Single People Can Thrive

    While marriage often brings financial benefits, single individuals face unique challenges in affording a home. However, some states offer more favorable conditions for solo buyers to break into the housing market. According to LendingTree's analysis of US Census Bureau data, certain regions provide a higher level of homeownership for single men and women.

    Single women, in particular, have made significant strides in homeownership, with 11.1 million homes nationwide – a notable increase from previous years. This trend is attributed to various factors, including women's earnings catching up to men's and the possibility that some single women became homeowners after their spouse passed away.

    When it comes to top housing markets for single individuals, states with low population density and economies driven by energy, manufacturing, and natural resources tend to excel. New Mexico stands out as the top state for single women homeownership, with 15.3% of households owned and occupied by solo females. The median home price in this state is $392,990.

    For single men, North Dakota takes the lead, boasting a high level of homeownership at 13.5%. The state's low cost of living – nearly 9% lower than the national average – and job opportunities in industries like oil and gas make it an attractive destination for homebuyers. The median home price in North Dakota is $347,350.

    Other states that offer promising conditions for single individuals include Mississippi (15.1% homeownership rate among single women), West Virginia (14.7%), South Dakota (13.1%), and Alaska (12.8%). While challenges persist, these regions provide a glimmer of hope for solo buyers seeking to achieve their dream of homeownership.

    Here are the top three housing markets for single women and men, along with median home prices:

    **Top Markets for Single Women:**

    * New Mexico: 15.3% homeownership rate, $392,990 median home price

    * Mississippi: 15.1% homeownership rate, $292,000 median home price

    * West Virginia: 14.7% homeownership rate, $269,999 median home price

    **Top Markets for Single Men:**

    * North Dakota: 13.5% homeownership rate, $347,350 median home price

    * South Dakota: 13.1% homeownership rate, $360,000 median home price

    * Alaska: 12.8% homeownership rate, $431,000 median home price