US Homeownership Holds Near 65%

In Q1 2026, US homeownership held near 65%, statistically steady quarterly and yearly, keeping the market in its narrow mid-65% range overall.
Homeowner vacancy stayed near 1%, while rental vacancy sat in the low-7% range, signaling stabilization after a modest recent inventory recovery phase.
The South led vacancy measures, while the Midwest posted the highest homeownership rate, showing regional conditions can differ sharply from national headlines.
Demographic patterns diverged: 45-to-54 households posted the only significant yearly ownership decrease, while a ~31 percentage-point racial ownership gap persisted nationally overall.
Affordability pressures and limited reasonably priced supply continue to cap ownership gains, making inventory strategy and timing central for buyers and sellers.