Main reasons non-owners do not currently own a home U.S. 2024

Published by Statista Research Department, Mar 4, 2025

According to a November 2024 survey, the high cost of living is the leading reason preventing U.S. homeowners from pursuing homeownership. Other factors standing in the way of becoming a homeowner included having sufficient savings for a down payment (33 percent) and enough income (32 percent). In 2024, the homeownership rate in the U.S. was nearly 66 percent.

Reasons why non-owners currently do not own a home in the United States in 2024

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Showing entries 1 to 13 (17 entries in total)
Statistic: Reasons why non-owners currently do not own a home in the United States in 2024

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Release date

January 2025

Region

United States

Survey time period

November 15 to November 19, 2024

Number of respondents

2,099 respondents

Age group

18 years and older

Special properties

non-homeowners.

Method of interview

Online survey

Supplementary notes

Multiple responses were possible.

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