2023: California's homeownership rate reached a 13-year high of 55.9%, up from 55.3% in 2022.

California's homeownership rate reached a 13-year high at 55.9% in 2023, up from 55.3% in 2022, but still below the nation's 65.9%. However, the 2020 data (55.9%) is largely disavowed due to complications in data collection during pandemic lockdowns. New York had the lowest rate at 53.3%, followed by California, Nevada, and Hawaii.