$600B+
Annual U.S. remodeling market
Harvard reported that the U.S. remodeling market rose above $600 billion after the pandemic and was expected to remain above that level through 2025.
Source: Harvard Joint Center for Housing Studies, 2025Research
Home renovation statistics: spending, projects, and trends.
Key U.S. figures for homeowners, writers, and industry professionals looking for a clear picture of the renovation market.
Last updated October 9, 2026
At a glance
Renovation remains a major commitment for American homeowners.
This reference page brings together selected figures from Harvard's Joint Center for Housing Studies and recent U.S. Houzz research. The statistics below are presented with their original reporting period, so a reader can see what each number does, and does not, describe.
For homeowners, the numbers offer useful context before a renovation begins. For writers and researchers, each statistic has a stable link and named source for easy citation.
Market context
U.S. remodeling at a glance
$611B
Home improvement and repair spending in 2022
Spending rose from $404 billion in 2019 to $611 billion in 2022, an increase of more than 50 percent in three years.
Source: Harvard Joint Center for Housing Studies, 202549%
Of improvement spending went to replacement projects
Roofing, windows, and HVAC were among the replacement projects accounting for nearly half of homeowner improvement expenditure in 2023.
Source: Harvard Joint Center for Housing Studies, 2025145M
U.S. homes cited in the need for resilience investment
Harvard framed the need for energy efficiency and disaster resilience investment around the country’s 145 million homes.
Source: Harvard Joint Center for Housing Studies, 2025Homeowner activity
What surveyed homeowners renovated, spent, and planned
$20K
Median renovation spend
Among surveyed homeowners, median renovation spend held at $20,000 in 2025. This is a midpoint, not an average, and has not been adjusted for inflation.
Source: 2026 U.S. Houzz & Home Study, reporting 2025 activity$150K+
Spend at the 90th percentile
The highest-spending tenth of surveyed homeowners spent $150,000 or more on renovations in 2025, up from $140,000 in 2024.
Source: 2026 U.S. Houzz & Home Study, reporting 2025 activity54%
Of surveyed homeowners took on a renovation
Just over half of homeowners in the study undertook a renovation in 2025. Decorating activity was 52 percent and repair activity was 47 percent.
Source: 2026 U.S. Houzz & Home Study, reporting 2025 activity50%
Of surveyed homeowners planned a renovation for 2026
Half of the surveyed homeowners planned to undertake a renovation project in 2026, compared with 52 percent who planned one in 2025.
Source: 2026 U.S. Houzz & Home Study, reporting 2026 plans$15K
Median planned renovation spend for 2026
The survey reported a $15,000 median planned spend for 2026, compared with $20,000 for projects planned in 2025.
Source: 2026 U.S. Houzz & Home Study, reporting 2026 plans9.5 mo.
Average kitchen planning timeline
Kitchen projects in the study averaged 9.5 months of planning and 5.8 months of construction, showing how much decision-making happens before work begins.
Source: 2026 U.S. Houzz & Home Study, published May 202693%
Of planned renovations expected to use professionals
In a separate survey of homeowners planning renovations, 93 percent expected to work with professionals in 2026.
Source: 2026 U.S. Houzz Renovation Plans Report, December 202591%
Of planned renovators expected to proceed
Ninety-one percent of surveyed homeowners with a planned renovation said they expected to move forward with it in 2026.
Source: 2026 U.S. Houzz Renovation Plans Report, December 2025Method and sources
How to read these figures
These statistics are not estimates by The R Creative. They are selected from the sources named beside each figure. The Harvard figures describe the national remodeling market and homeowner spending. The Houzz figures describe respondents to its U.S. homeowner studies and report either completed 2025 activity or plans for 2026.
Dollar figures are reported as published by their original source. They should be used as broad context rather than a quote for any individual project, since scope, location, materials, labor, and timing all affect a real renovation budget.
- Harvard Joint Center for Housing Studies, Improving America's Housing 2025
- Houzz, 8 Home Remodeling Trends to Watch in 2026
- Houzz, 11 Things to Know Before Your Next Renovation
- Houzz, 2026 U.S. Houzz Renovation Plans Report
Cite this page
The R Creative. “Home Renovation Statistics: Spending, Projects, and Trends.” Updated October 9, 2026. https://thercreative.com/home-renovation-statistics
A home, considered
Numbers can set the context. Your home sets the brief.
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