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Which States Have the Highest Percentage of Vacant Housing Units?
Which States Have the Highest Percentage of Vacant Housing Units?
H121/22-01
Introduction
The housing market tightened considerably between 2009 and 2021, absorbing much of the excess vacancy created by the foreclosure crisis in both rental and homeowner housing, according to the Housing Vacancy Survey (HVS).
Vacancy rates were lower in 40 states and the District of Columbia in 2021 following the foreclosure crisis in 2009, and no state had a significantly higher rate when comparing 2021 to 2009. However, there was meaningful variation in both the size of decreases during the 2009–2021 period and the amount of available housing in 2021. Ten states showed no significant difference in the vacancy rate in 2021 compared to 2009, indicating they may have been less affected by the foreclosure crisis.
This report describes the variation across states in their housing vacancy rates from 2009 to 2021 using data from the Current Population Survey’s HVS supplement.2 The HVS produces nationally representative information for the universe of all residential housing units in the United States.
Page Last Revised - November 29, 2022
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