National Real Estate Insights December 2024

National Homeownership Rate Long-Term Trends, by Quarter since 1965*

As published by the Federal Reserve Bank of St. Louis

70%

“The homeownership rate is the proportion of households that is owner-occupied. ” It can be affected by a variety of factors including general economic conditions, interest rates, lending standards, home prices (and housing affordability), consumer confidence, and the pandemic.

2005

69%

2020

68%

2000

67%

2022 -2024

1980

66%

65%

Foreclosure crisis

64%

63%

©National Association of Realtors, used by permission

1965

Updated through Q2 2024

62%

*U.S. Census Bureau, Homeownership Rate in U.S. [RHORUSQ156N], Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/RHORUSQ156N. Not seasonally adjusted. Data from sources deemed reliable but may contain errors and subject to revision. All numbers approximate.

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