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Real Estate Trends

Appealing to the Single 50%

How the rise of single-person households is reshaping housing demand — and what it means for homeowners looking to sell.

Published May 2023 · 5 min read

The Rise of Single-Person Households

More than 37 million Americans now live alone — approximately 28% of all households. This is the highest rate in U.S. history. The "single 50%" isn't a niche demographic; it's a mainstream market segment reshaping housing demand across every price point.

What Single Buyers and Renters Want

Single-person households have different priorities than families. Location matters more than square footage. Walkability, proximity to employment centers, and low-maintenance living (condos, townhomes, or small single-family homes) top the list.

In the Southwest — Phoenix, Las Vegas, and California's urban cores — this trend is amplified by younger professionals and divorcees entering the market simultaneously.

Implications for Home Sellers

If you own a home in a walkable urban area with 1–3 bedrooms, you have a large and growing buyer pool. The traditional marketing pitch focused on "great family home" misses the mark for single buyers — reframe your messaging around lifestyle, convenience, and low maintenance.

If you own a 4+ bedroom home far from employment centers, you may find your buyer pool smaller than 10 years ago. This is where cash buyers like National Cash Offer can provide value — we buy regardless of location or size, allowing you to move on without waiting for the perfect family to find you.

The Takeaway

The housing market is no longer one-size-fits-all. The fastest way to sell in today's market is to either position your home correctly for the single buyer demographic — or to skip the market altogether with a direct cash sale.