Five Myths About Women Homebuyers and What the Data Really Shows

March is Women’s History Month, a time to recognize the impact women have made across every part of society, including homeownership.

Women are one of the most influential forces in today’s housing market. In fact, single women consistently buy more homes than single men, and women often lead homebuying decisions in households nationwide.

Still, outdated myths about women homebuyers persist, and they can create unnecessary doubt.

Let’s take a closer look at five common myths about women homebuyers and what the data actually reveals.

Related: Start the New Year Strong: Why Down Payment Programs Should Be Part of Your Homebuying Plan

Myth 1: Women need a partner to buy a home

Reality: Women are one of the largest groups of independent homebuyers.

Single women make up a significant share of homebuyers, nearly one in five purchases. That’s far more than single men.

Many women choose to buy homes on their own for reasons including financial independence, stability and long-term wealth building. Homeownership offers the opportunity to build equity, establish roots in a community and create a strong financial foundation for the future.

And if upfront costs feel like a barrier, there are thousands of programs that may help with down payment or closing costs, making buying more achievable than you might think.

Myth 2: Women wait longer to buy because of income gaps

Reality: Many women prioritize homeownership as a path to financial security.

While income gaps still exist, many women see homeownership as a way to build wealth over time, not something to delay.

Owning a home can help build equity and create long-term financial stability. And with down payment programs offering grants or low-interest loans, you may not need as much savings as you expect to get started.

Related: Down Payment Programs 101: The 3 Most Common Homeownership Programs Explained

Myth 3: Women are more hesitant buyers

Reality: Women tend to be highly informed buyers who do their homework.

Studies have shown that women often spend more time researching neighborhoods, financing options and property conditions before making a purchase decision. That preparation can make them more confident once they find the right home.

Being thorough doesn’t mean you’re hesitant. It means you’re prepared.

The more homebuyers understand their options, including programs that can reduce upfront costs, the more confident they feel when it’s time to move forward.

Myth 4: Women only buy smaller or less expensive homes

Reality: Women buy all types of homes.

There’s no one-size-fits-all approach. Women purchase everything from starter homes to investment properties, and often buy homes similar in price and size to couples.

The right home is the one that fits your goals, whether that’s stability, space, location or long-term investment potential.

And, access to financial resources and homeownership programs expands the options available to all buyers, including those navigating the process on their own.

Related: How Do I Apply for Down Payment Assistance? Here’s a Step-by-Step Guide

Myth 5: Women rely heavily on others to make financial decisions

Reality: Many women lead the homebuying process.

From choosing a neighborhood to selecting a loan, women often take the lead in making key homebuying decisions.

Today’s buyers want clarity, transparency and control, and the right tools and resources can help you confidently navigate every step.

Expanding your path to homeownership

One of the biggest challenges for many buyers is simply not knowing that help is available.

There are more than 2,600 homeownership programs nationwide, offering support with down payments, closing costs and more. Yet many buyers don’t realize they may qualify.

That’s where better information makes all the difference.

When you can easily find programs that match your situation, homeownership can feel far more within reach, whether you’re buying your first home, relocating or planning for your future.

Moving forward with confidence

Women are continuing to shape the future of homeownership—buying homes, building wealth and strengthening communities.

The most important step is understanding your options. With the right information and resources, you can make confident decisions and take a meaningful step toward homeownership.

You don’t have to fit a mold to buy a home, you just need a plan, the right support and a clear path forward.

Ready to explore your options? Find down payment programs in your area today and see if you’re eligible.