Skip to main content

Zillow: Neighborhoods with More Same-Sex Households Have Higher Home Prices

Phil Hall
May 23, 2019
Photo credit: Getty Images/VlatkoRadovic

A new analysis by Zillow of American Community Survey data has found that neighborhoods with the highest share of same-sex couple households have home prices that are greater compared with others in the area.
Zillow noted the neighborhood with the highest number of same-sex couples, San Diego’s North Banker’s Hill with a 10.1 percent share, boasts a median home value of $792,400, which is about 25 percent above the citywide median value of $632,600. Another California market, West Palm Springs, has a 9.2 percent share of same-sex households and home values that are three times as much as the typical home in the broader Riverside metro.
"The narrative of gayborhoods as a signal for rapid home value appreciation and gentrification has been around for decades, with Greenwich Village and the Castro long held up as examples," said Zillow Director of Economic Research Skylar Olsen. "Today, the story is a little different. While these neighborhoods still foster a sense of community and social acceptance, living within them often comes at premium many may not be able to afford. This has a disproportionate effect on intersectional LGBTQ people—not just gay, but a person of color, transgender, a woman—those who are disadvantaged when it comes to earning potential."

May 23, 2019
DOJ: Lakeland Bank To Spend $13M To Settle 'Redlining' Claims

Agreement with N.J. bank is the third-largest redlining settlement in Justice Department history.

Industry News
Sep 29, 2022
Angel Oak Layoffs Add To Growing List Of Non-QM Cuts

About 20% of its staff, or 75 people, were affected.

Industry News
Sep 28, 2022
Redwood Trust Names New Chief Investment Officer

Also announces planned CoreVest leadership transition to be completed on 3rd anniversary of acquisition

Industry News
Sep 27, 2022
Fannie Mae Pilot Program Seeks To Help Improve Renters' Credit

Renters, including historically underserved groups, will benefit from paying on time each month.

Industry News
Sep 27, 2022
Suffolk County Data Breach Puts Contracts On Back Burner

Cyberattack beginning Sept. 8 prevents title services from closing loans.

Sep 27, 2022
Nations Lending Opens Another Branch In Arizona

New Scottsdale branch welcomes Arizona native Christine McConnell as lead personal mortgage advisor.

Industry News
Sep 26, 2022