Remodel facts & stats

Question 1

About how much did Americans spend on home remodeling projects in 2024?

Accepted Answer

an estimated $603 billion. Demand stayed strong: most consumers (89%) said housing affordability was not a deciding factor in their decision to remodel.

Question 2

What was the median amount renovating homeowners spent on their projects in 2024?

Accepted Answer

$20,000. That's down from a 2023 peak of $24,000. The top 10% of spenders put in $140,000 or more.

Question 3

What was the median spend on a major remodel of a large kitchen (200+ sq ft) in 2024?

Accepted Answer

$55,000. Large upscale kitchens in the top 10% of spending started at $150,000, while major small-kitchen remodels had a median of $35,000.

Question 4

Which remodeling project had the highest estimated cost recovery at resale in the 2025 Remodeling Impact Report?

Accepted Answer

New steel front door, 100%. Closet renovations (83%) and new fiberglass front doors (80%) followed. Big projects like kitchens scored highest for homeowner joy instead.

Question 5

What was the most common main reason consumers gave for remodeling?

Accepted Answer

Upgrading worn-out surfaces, 27%. Improving energy efficiency came next at 19%, followed by desiring a change and preparing to sell (18% each).

Question 6

What share of Realtors recommend sellers paint the entire home before listing it?

Accepted Answer

50%. Painting the whole home was Realtors' top pre-listing project, ahead of painting a single room (41%) and new roofing (37%).

Remodel facts & stats

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