The building at 441 W 37th St. near Hudson Yards
Photo via Google Maps
A new report released Wednesday by real estate research firm Property Shark profiling NYC homeowners showed that while married New Yorkers are the most likely to own homes in four boroughs, Manhattan bucked the trend with single or “nonfamily” homeowners leading all other groups, according to the report.
On the island, nonfamily owners made up around 48% of homeowners while married-couple families accounted for around 45%. Other homeowners like female-led and male led family homeowners collectively made up the other approximately 7%, according to Property Shark’s analysis.
Nonfamily homeowners in Manhattan who either live alone or with another non-relative purchased homes in some of the city’s priciest neighborhoods. In Hudson Yards where 69% of homeowners are single and do not live with a family member, the median cost of a home in the spring of 2026 was over $6.5 million. In the Theatre District, around 67% of homeowners are single and home can run someone upwards of $1.2 million.
Property Shark compiled data from the 2024 U.S. Census Bureau’s American Community Survey (ACS) 5-Year Estimates to break down the profile of a NYC homeowner by neighborhood, borough, age, gender and ownership status.
Even though Manhattan was the only borough where nonfamily homeowners had an outsized presence compared to other groups, two Bronx neighborhoods also showed majority nonfamily homeowners, according to Property Shark’s analysis.
Both the Concourse and Port Morris neighborhoods in the South Bronx showed more than 75% nonfamily owners, but getting deeper into details revealed more about the homeownership in those neighborhoods. The data is significantly impacted because the number of homeowners overall in Port Morris and the Concourse neighborhoods is low at 170 and 523 respectively, and the average age of homeowners in the Port Morris is relatively low, a potential correlation to nonfamily status.
The report also found that male-led family households in which an unmarried man, living with at least one family member, were not the most common homeowners in any NYC neighborhoods. Female-led family households had the highest share of home ownership in five different neighborhoods across boroughs of the Bronx, Queens and Staten Island. The trend was dominated by unmarried women ages 35 to 65, owning homes and living with at least one other family member.
With affordability as a central topic in today’s housing discussion, demographic portraits of NYCs homeowners offer insight into what a home looks like in the city’s neighborhoods, who is living there, how they are living and who can afford to purchase a home.
