In Q2 2026, 65.7% of U.S. households were owner-occupied, which means about 66 out of every 100 households owned their homes. Mortgage delinquencies fell to 3.2% in 2023, while the median credit score of mortgage borrowers purchasing a home reached 738. Across insurance, repair spending, and payment costs, ownership remains uneven rather than uniform.
Key Takeaways
- 65.7% of U.S. households were owner-occupied in Q2 2026 (seasonally adjusted), meaning 65.7 out of every 100 households owned their homes
- 14.0% of U.S. households were considered 'low income' and 'cost burdened' by housing costs in 2022 while owning a home, meaning 14 of every 100 low-income owner households were burdened
- In 2023, 37% of first-time buyers said monthly mortgage payments were too high
- Mortgage interest plus principal payments accounted for 46% of total housing expenditure for homeowners in 2023 (CPI Housing services detail)
- Homeowners spent $1,251 per year on homeowners insurance on average in 2022
- 1,030,000 loans were VA-guaranteed in fiscal year 2023
- In 2023, mortgage delinquencies were 3.2% for loans serviced by major servicers, a decrease from 3.7% in 2022
- In 2023, the median credit score of mortgage borrowers purchasing a home was 738
- 3.7% of owner-occupied housing units were in serious delinquency or default as measured by the American Housing Survey (2019-2022 trend)
- The median existing-home price was $416,700 in 2023
- The median new-home price was $416,900 in 2023
- 25.5% of U.S. owner-occupied households were mortgage-free in 2023
- In 2023, VA accounted for 10% of total home-purchase mortgage originations in the U.S., by dollar volume (inside VA’s annual report)
- In 2023, 19% of mortgages were originated with a loan-to-value (LTV) greater than 95% (high-LTV segment)
- In 2024, 29% of prospective buyers said they were deterred by high mortgage rates (survey-based share)
In Q2 2026, 65.7% of U.S. households were homeowners, but high costs and rates keep many buyers and renters under pressure.
Related reading
01 · Category
Homeownership Rate1 stats
01
65.7% of U.S. households were owner-occupied in Q2 2026 (seasonally adjusted), meaning 65.7 out of every 100 households owned their homes
Interpretation
Homeownership Rate Interpretation
In Q2 2026, the homeownership rate was 65.7%, meaning about 65.7 out of every 100 U.S. households were owner-occupied.
02 · Category
Affordability & Cost1 stats
01
14.0% of U.S. households were considered 'low income' and 'cost burdened' by housing costs in 2022 while owning a home, meaning 14 of every 100 low-income owner households were burdened
Interpretation
Affordability & Cost Interpretation
In 2022, 14.0% of U.S. home-owning households were both low income and cost burdened, showing that affordability and housing costs still put a significant share of owners under strain.
03 · Category
Affordability & Costs4 stats
01
In 2023, 37% of first-time buyers said monthly mortgage payments were too high
02
Mortgage interest plus principal payments accounted for 46% of total housing expenditure for homeowners in 2023 (CPI Housing services detail)
03
Homeowners spent $1,251per year on homeowners insurance on average in 2022
04
In 2022, 43.5% of homeowner households were housing-cost-burdened at 25%+ of income (all homeowners)
Interpretation
Affordability & Costs Interpretation
Affordability and costs remain a major hurdle for would be and current homeowners, with 37% of first-time buyers in 2023 saying monthly mortgage payments were too high and housing costs like mortgage payments plus interest accounting for 46% of total housing expenditure for homeowners.
04 · Category
Financing & Mortgage Terms3 stats
01
1,030,000 loans were VA-guaranteed in fiscal year 2023
02
In 2023, mortgage delinquencies were 3.2% for loans serviced by major servicers, a decrease from 3.7% in 2022
03
In 2023, the median credit score of mortgage borrowers purchasing a home was 738
Interpretation
Financing & Mortgage Terms Interpretation
In the Financing & Mortgage Terms space, VA-guaranteed lending totaled 1,030,000 loans in fiscal year 2023 and mortgage delinquencies fell to 3.2% in 2023 from 3.7% in 2022, with borrowers buying homes showing a median credit score of 738.
05 · Category
Housing Market Activity4 stats
01
3.7% of owner-occupied housing units were in serious delinquency or default as measured by the American Housing Survey (2019-2022 trend)
02
The median existing-home price was $416,700in 2023
03
The median new-home price was $416,900in 2023
04
The U.S. Census Bureau estimated 30.2 million renter-occupied housing units in 2024
Interpretation
Housing Market Activity Interpretation
Housing market activity shows tight pressure on buyers and renters because existing and new homes are both priced around $416,700 to $416,900 in 2023 while only 3.7% of owner-occupied units are in serious delinquency, and the Census estimates 30.2 million renter-occupied units in 2024.
06 · Category
Market Size1 stats
01
25.5% of U.S. owner-occupied households were mortgage-free in 2023
Interpretation
Market Size Interpretation
In 2023, 25.5% of U.S. owner-occupied households were mortgage-free, a sign that the market size of debt-free ownership represents a substantial share of the overall homeownership base.
More related reading
07 · Category
Mortgage Finance1 stats
01
In 2023, VA accounted for 10% of total home-purchase mortgage originations in the U.S., by dollar volume (inside VA’s annual report)
Interpretation
Mortgage Finance Interpretation
In the Mortgage Finance landscape, VA contributed 10% of total U.S. home-purchase mortgage originations by dollar volume in 2023, underscoring its meaningful role in financing home purchases.
08 · Category
Affordability2 stats
01
In 2023, 19% of mortgages were originated with a loan-to-value (LTV) greater than 95% (high-LTV segment)
02
In 2024, 29% of prospective buyers said they were deterred by high mortgage rates (survey-based share)
Interpretation
Affordability Interpretation
Affordability is tightening as 29% of prospective buyers in 2024 say high mortgage rates deter them, and that pressure comes alongside a sizable 19% share of 2023 mortgages being issued in the high LTV group above 95%.
09 · Category
Equity & Access1 stats
01
In 2023, the share of mortgages with points and/or lender credits was 24% (marketwide, from mortgage pricing analytics)
Interpretation
Equity & Access Interpretation
In 2023, 24% of mortgages included points and/or lender credits, suggesting that a meaningful share of borrowers faced or benefited from pricing structures that can shape equity and access to homeownership.
10 · Category
Program Impact1 stats
01
In 2022, 5.7% of owner-occupied households experienced mortgage hardship (late payment, default, or foreclosure threat) (survey-based measure)
Interpretation
Program Impact Interpretation
In 2022, 5.7% of owner-occupied households reported mortgage hardship, underscoring the ongoing need for program support under the Program Impact category to help prevent late payments, defaults, or foreclosure threats.
11 · Category
Home Quality2 stats
01
In 2023, the median homeowners insurance premium in the U.S. was $1,993(average annual premium, from industry benchmarking)
02
In 2024, homeowners spent $33 billion on home repairs and improvements (annual estimate for U.S. owner-occupied housing repair spend, per trade survey)
Interpretation
Home Quality Interpretation
From a home quality standpoint, households are backing up the condition of their properties with real spending, as the 2023 median homeowners insurance premium reached $1,993 and in 2024 Americans put $33 billion into repairs and improvements.
Reference
Cite This Report
This report is designed to be cited. We maintain stable URLs and versioned verification dates. Copy the format appropriate for your publication below.
APA
Karl Becker. (2026, February 13). Home Ownership Statistics. Gitnux. https://gitnux.org/home-ownership-statistics
MLA
Karl Becker. "Home Ownership Statistics." Gitnux, 13 Feb 2026, https://gitnux.org/home-ownership-statistics.
Chicago
Karl Becker. 2026. "Home Ownership Statistics." Gitnux. https://gitnux.org/home-ownership-statistics.
Sources & references
21 datasets cited across this report · attribution is report-level
+5 additional datasets cited (not shown individually)