Even though women still earn 83 cents for every dollar made by men, they trump men in another key financial area: owning a home.

A LendingTree analysis of the latest (2022) U.S. Census Bureau data finds that more single women than single men own homes. Overall, single women own 2.71 million more homes than single men, an increase of 70,000 homes from 2021.

Here are the top 10 states with a larger share of single-female homeowners than single men:

1. Delaware
2. Louisiana
3. Mississippi
4. Alabama
5. Florida
6. New Mexico
7. South Carolina
8. West Virginia
9. Maryland
10. Illinois

Single women lead the homeownership charge in all but three states: Alaska, North Dakota, and South Dakota.

Given that women still lag behind men in terms of salary and overall wealth, why are they ahead in the homeownership game?

In short: It's just more important to women.

Why women prioritize homeownership more than men

“Women seem to be very interested in homeownership, and the data suggest that they have been more successful at becoming homeowners without a spouse,” says Realtor.com® Chief Economist Danielle Hale. “Without getting too gender stereotypical here, I suspect it's because they're more determined and likely place a higher priority on having a home.”

According to LendingTree’s analysis, "There’s evidence that single women are more willing than single men to make sacrifices to become homeowners."

Women also tend to be more risk-averse—and owning a home is still considered one of the safest investments out there.

“The steady return of homeownership, coupled with the fact that your investment provides a tangible benefit—i.e., a roof over your head—likely makes a home a favored purchase for women,” says Hale.

Real estate agents also say they've noticed more single-female buyers now than in the past.

"I've definitely sold more homes to women than in prior years," says Lorraine Hurlbut of Keller Williams in New Jersey, the No. 4 state for female homeowners. "They’re tired of paying high rents that are the equivalent of a mortgage payment. They're secure in their careers and want to ride the wave of ownership and investment."

Another reason single women might own more homes than men is the simple fact that on average, women outlive men.

“Some of those women have likely outlived their spouses,” Hale notes.

Indeed, in the LendingTree analysis, single-female homeowners tend to be older than single-male homeowners.

Why women may negotiate a better real estate deal

Women not only have the edge in homeownership, but they might also be better at negotiating a real estate deal than men, according to research by Cindy Watson, attorney and author of “The Art of Feminine Negotiation.”

“The myth or misconception is the belief that negotiation is all about toughness, the bark and bite,” Watson says. But the reality, in her analysis, is that 5 of the 6 important skill sets of effective negotiators are characteristics that might be considered more feminine, such as compromise and empathy.

In trying to close a deal, for instance, a man might aggressively try to drive too hard of a bargain by saying something like, “This place is a dump. You can’t expect me to pay full price.” But a woman might say something like, “I know you love this house, and I love it, too. I want to create wonderful memories here. But my budget only goes so far.”

Source: Kiri Blakely for Realtor.com News & Insights