A new Valentine's Day-inspired real estate ranking finds the U.S. cities with the most single homeowners in the nation. Most are located in the Midwest.
Realtor.com data show that single homeownership has the most horsepower in The Motor City, Detroit. What's more, Detroit has the highest share of single women homeowners, 23.1 percent. The real estate platform's senior news editor Clare Trapasso says, "When it comes to unattached women, the homeownership hot spots were in the Midwest and the South. Unmarried women are the fastest-growing group of home buyers today." Following Detroit is Baltimore (21.4 percent), Charlotte, N.C. (21.2 percent), Philadelphia and Minneapolis (both with 20.7 percent).
It's likely the Detroit metro topped the list because the median home price is only $220,000—nearly a third less than the national median of $289,000. (The metro area includes the city and the surrounding suburbs.) About a quarter of all male residents, 23.4 percent, are single homeowners.
"Affordability in these markets has really helped more single buyers achieve homeownership," says Danielle Hale, chief economist of realtor.com.
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