GITNUXREPORT 2025

Home Remodeling Industry Statistics

Home remodeling market hits $450 billion, growing due to eco-friendly, tech-driven trends.

Jannik Lindner

Jannik Linder

Co-Founder of Gitnux, specialized in content and tech since 2016.

First published: April 29, 2025

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Key Statistics

Statistic 1

65% of homeowners prefer eco-friendly and sustainable materials for remodeling

Statistic 2

The use of sustainable materials in remodeling increased by 22% from 2020 to 2022

Statistic 3

The U.S. green building materials market is projected to grow at a CAGR of 11% through 2027

Statistic 4

The home remodeling industry is increasingly adopting environmentally friendly practices, with 58% of companies reporting green initiatives

Statistic 5

The average cost of insulation in remodeling projects is approximately $1,500, with potential energy savings of up to 15-20%

Statistic 6

Bathroom remodels have a median cost of around $10,000

Statistic 7

Lead times for custom cabinetry have increased by 25% due to supply chain disruptions

Statistic 8

The average bathroom remodel increases home value by 70%, according to industry estimates

Statistic 9

The average return on investment (ROI) for a bathroom remodel is approximately 70%-75%

Statistic 10

The U.S. home improvement market was valued at approximately $450 billion in 2022

Statistic 11

Kitchen renovations account for about 20% of all home remodeling projects

Statistic 12

The average cost of a kitchen remodel in the U.S. is approximately $25,000

Statistic 13

The home remodeling industry is projected to grow at a CAGR of 4.5% from 2023 to 2028

Statistic 14

The number of home improvement stores in the U.S. reached over 10,000 in 2022

Statistic 15

The national average for home remodeling permits issued increased by 12% in 2022, indicating a rise in renovation activity

Statistic 16

60% of remodelers report difficulty in sourcing materials due to supply chain issues

Statistic 17

The average cost for deck remodeling is around $7,500, with material costs accounting for nearly 60%

Statistic 18

The global home remodeling market is expected to reach USD 820 billion by 2027, growing at a CAGR of 4.8%

Statistic 19

The median annual revenue for a home remodeling business in the U.S. was approximately $1.2 million in 2022

Statistic 20

Digital marketing advertising spend for home remodeling services grew by 18% in 2022

Statistic 21

The global smart home market is projected to surpass USD 150 billion by 2028, with remodeling contributing significantly

Statistic 22

The median salary for remodeling contractors in the U.S. is around $50,000 per year

Statistic 23

The average size of a remodel project has increased by 10% over the last five years, now averaging 2,200 square feet

Statistic 24

The number of apps and online platforms dedicated to remodeling planning and visualization increased by 40% in 2022

Statistic 25

Renovation projects have increased by 15% during the COVID-19 pandemic

Statistic 26

50% of homeowners plan to renovate within the next two years

Statistic 27

Tech-enabled home renovations, including virtual design tools, increased by 30% in 2022

Statistic 28

The average increase in home value after renovation is approximately 63%

Statistic 29

DIY remodeling projects make up about 35% of all home improvement activity

Statistic 30

The most popular home renovation projects include kitchen, bathroom, and roofing

Statistic 31

48% of homeowners hire professionals for major remodeling projects

Statistic 32

The average time to complete a home renovation project is 8-12 weeks

Statistic 33

70% of homeowners use social media for remodeling ideas and inspiration

Statistic 34

55% of home remodeling projects are funded by savings, 30% by home equity loans, and 15% by credit cards

Statistic 35

The surge in remote work has led to an 18% increase in basement finishing projects

Statistic 36

40% of homeowners are willing to spend more on energy-efficient and smart home upgrades

Statistic 37

The average cost of roofing replacement is about $8,000, with shingle roofs being the most common at 78%

Statistic 38

25% of homeowners remodel to improve accessibility and aging-in-place features

Statistic 39

The most common kitchen countertop material used in remodeling is granite, at about 43%

Statistic 40

45% of homeowners prefer open-concept designs for their remodels

Statistic 41

22% of homeowners have used virtual reality tools to preview their remodeling projects

Statistic 42

Remodeling spending on additions, such as rooms or extensions, accounts for roughly 35% of total renovation expenditures

Statistic 43

Solar panel installations are increasing as part of remodeling, with a 63% growth in 2022

Statistic 44

The average age of homes being renovated in the U.S. is now 42 years, indicating a focus on aging infrastructure

Statistic 45

30% of homeowners plan to use outdoor remodeling projects, such as patios and gardens, in their upcoming renovations

Statistic 46

The use of modular and prefabricated components in remodeling projects has increased by 20% since 2020

Statistic 47

The average lead time for custom home fixtures has increased by 30% in the past two years, due to supply chain delays

Statistic 48

52% of homeowners are interested in remodeling projects that improve indoor air quality

Statistic 49

The use of augmented reality (AR) in remodeling planning has increased by 25% in the last year

Statistic 50

Kitchens with quartz countertops are 30% more popular in recent remodels

Statistic 51

66% of remodeling companies reported increased demand for outdoor living space upgrades in 2022

Statistic 52

Trends show that open-concept living spaces account for over 55% of all kitchen and living room remodels

Statistic 53

40% of homeowners seek virtual consultations before starting renovations

Statistic 54

The adoption of energy-efficient appliances in remodeling projects increased by 25% in 2022

Statistic 55

Nearly 80% of homeowners plan to undertake remodeling for better energy efficiency within the next three years

Statistic 56

The demand for home offices in remodeling projects grew by 50% during 2020-2022

Statistic 57

The use of voice-controlled lighting was incorporated in 20% of recent bathroom and kitchen remodels

Statistic 58

Modular bathroom units are gaining popularity, with a 28% increase in their adoption in the last three years

Statistic 59

Home remodeling projects with smart technology are 50% more likely to be completed in the next year than those without

Statistic 60

35% of remodeling firms have adopted a digital quoting and project management system

Statistic 61

35% of kitchen remodels now include smart appliances and IoT-enabled features

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Key Highlights

  • The U.S. home improvement market was valued at approximately $450 billion in 2022
  • Renovation projects have increased by 15% during the COVID-19 pandemic
  • Kitchen renovations account for about 20% of all home remodeling projects
  • The average cost of a kitchen remodel in the U.S. is approximately $25,000
  • 65% of homeowners prefer eco-friendly and sustainable materials for remodeling
  • Bathroom remodels have a median cost of around $10,000
  • The home remodeling industry is projected to grow at a CAGR of 4.5% from 2023 to 2028
  • 50% of homeowners plan to renovate within the next two years
  • Tech-enabled home renovations, including virtual design tools, increased by 30% in 2022
  • The average increase in home value after renovation is approximately 63%
  • DIY remodeling projects make up about 35% of all home improvement activity
  • The most popular home renovation projects include kitchen, bathroom, and roofing
  • 48% of homeowners hire professionals for major remodeling projects

The booming U.S. home remodeling industry, valued at around $450 billion in 2022 and poised for continued growth, reveals shifting homeowner priorities toward sustainability, smart technology, and outdoor upgrades, reshaping how Americans transform their living spaces amidst supply chain challenges and a surge in DIY projects.

Eco-Friendly and Sustainable Building Materials

  • 65% of homeowners prefer eco-friendly and sustainable materials for remodeling
  • The use of sustainable materials in remodeling increased by 22% from 2020 to 2022
  • The U.S. green building materials market is projected to grow at a CAGR of 11% through 2027
  • The home remodeling industry is increasingly adopting environmentally friendly practices, with 58% of companies reporting green initiatives
  • The average cost of insulation in remodeling projects is approximately $1,500, with potential energy savings of up to 15-20%

Eco-Friendly and Sustainable Building Materials Interpretation

As homeowners and builders alike increasingly embrace eco-friendly materials—driven by a 22% surge from 2020 to 2022, an industry expected to grow at 11% annually through 2027, and a majority of firms adopting green initiatives—it's clear that sustainable remodeling isn't just a trend but a smart investment, especially when $1,500 in insulation can yield up to 20% energy savings.

Kitchen and Bathroom Remodels

  • Bathroom remodels have a median cost of around $10,000
  • Lead times for custom cabinetry have increased by 25% due to supply chain disruptions
  • The average bathroom remodel increases home value by 70%, according to industry estimates
  • The average return on investment (ROI) for a bathroom remodel is approximately 70%-75%

Kitchen and Bathroom Remodels Interpretation

Despite soaring costs and longer wait times for custom cabinetry, a bathroom remodel's impressive 70% boost in home value and solid 70-75% ROI underscore its status as a smart, albeit costly, investment in home improvement.

Market Size and Value

  • The U.S. home improvement market was valued at approximately $450 billion in 2022
  • Kitchen renovations account for about 20% of all home remodeling projects
  • The average cost of a kitchen remodel in the U.S. is approximately $25,000
  • The home remodeling industry is projected to grow at a CAGR of 4.5% from 2023 to 2028
  • The number of home improvement stores in the U.S. reached over 10,000 in 2022
  • The national average for home remodeling permits issued increased by 12% in 2022, indicating a rise in renovation activity
  • 60% of remodelers report difficulty in sourcing materials due to supply chain issues
  • The average cost for deck remodeling is around $7,500, with material costs accounting for nearly 60%
  • The global home remodeling market is expected to reach USD 820 billion by 2027, growing at a CAGR of 4.8%
  • The median annual revenue for a home remodeling business in the U.S. was approximately $1.2 million in 2022
  • Digital marketing advertising spend for home remodeling services grew by 18% in 2022
  • The global smart home market is projected to surpass USD 150 billion by 2028, with remodeling contributing significantly
  • The median salary for remodeling contractors in the U.S. is around $50,000 per year
  • The average size of a remodel project has increased by 10% over the last five years, now averaging 2,200 square feet
  • The number of apps and online platforms dedicated to remodeling planning and visualization increased by 40% in 2022

Market Size and Value Interpretation

With a booming $450 billion industry projected to grow around 4.8% globally and fueled by digital innovation, homeowners are spending more on larger, smarter, and more stylish upgrades—even as supply chain snarls challenge remodelers—highlighting that in the world of home improvement, the only thing renovating faster than houses are the ways we plan and promote them.

Renovation Trends and Preferences

  • Renovation projects have increased by 15% during the COVID-19 pandemic
  • 50% of homeowners plan to renovate within the next two years
  • Tech-enabled home renovations, including virtual design tools, increased by 30% in 2022
  • The average increase in home value after renovation is approximately 63%
  • DIY remodeling projects make up about 35% of all home improvement activity
  • The most popular home renovation projects include kitchen, bathroom, and roofing
  • 48% of homeowners hire professionals for major remodeling projects
  • The average time to complete a home renovation project is 8-12 weeks
  • 70% of homeowners use social media for remodeling ideas and inspiration
  • 55% of home remodeling projects are funded by savings, 30% by home equity loans, and 15% by credit cards
  • The surge in remote work has led to an 18% increase in basement finishing projects
  • 40% of homeowners are willing to spend more on energy-efficient and smart home upgrades
  • The average cost of roofing replacement is about $8,000, with shingle roofs being the most common at 78%
  • 25% of homeowners remodel to improve accessibility and aging-in-place features
  • The most common kitchen countertop material used in remodeling is granite, at about 43%
  • 45% of homeowners prefer open-concept designs for their remodels
  • 22% of homeowners have used virtual reality tools to preview their remodeling projects
  • Remodeling spending on additions, such as rooms or extensions, accounts for roughly 35% of total renovation expenditures
  • Solar panel installations are increasing as part of remodeling, with a 63% growth in 2022
  • The average age of homes being renovated in the U.S. is now 42 years, indicating a focus on aging infrastructure
  • 30% of homeowners plan to use outdoor remodeling projects, such as patios and gardens, in their upcoming renovations
  • The use of modular and prefabricated components in remodeling projects has increased by 20% since 2020
  • The average lead time for custom home fixtures has increased by 30% in the past two years, due to supply chain delays
  • 52% of homeowners are interested in remodeling projects that improve indoor air quality
  • The use of augmented reality (AR) in remodeling planning has increased by 25% in the last year
  • Kitchens with quartz countertops are 30% more popular in recent remodels
  • 66% of remodeling companies reported increased demand for outdoor living space upgrades in 2022
  • Trends show that open-concept living spaces account for over 55% of all kitchen and living room remodels
  • 40% of homeowners seek virtual consultations before starting renovations
  • The adoption of energy-efficient appliances in remodeling projects increased by 25% in 2022
  • Nearly 80% of homeowners plan to undertake remodeling for better energy efficiency within the next three years
  • The demand for home offices in remodeling projects grew by 50% during 2020-2022
  • The use of voice-controlled lighting was incorporated in 20% of recent bathroom and kitchen remodels
  • Modular bathroom units are gaining popularity, with a 28% increase in their adoption in the last three years

Renovation Trends and Preferences Interpretation

Amidst a whirlwind of virtual design tools and a push toward energy efficiency, the home remodeling industry is surging by 15%, transforming houses into smarter, more sustainable havens—proving that in the age of remote work and social media inspiration, a dollar spent on renovation not only boosts home value by 63% but also keeps homeowners busy for 8 to 12 weeks and increasingly leaning on tech, sustainability, and outdoor upgrades for a future that looks both stylish and smart.

Technological Integration and Smart Homes

  • Home remodeling projects with smart technology are 50% more likely to be completed in the next year than those without
  • 35% of remodeling firms have adopted a digital quoting and project management system
  • 35% of kitchen remodels now include smart appliances and IoT-enabled features

Technological Integration and Smart Homes Interpretation

As the home remodeling industry embraces smart technology—boosting project completion rates, streamlining processes with digital tools, and transforming kitchens into IoT-powered hubs—it's clear that smart upgrades are no longer a luxury but a smart investment for both homeowners and remodelers aiming to stay ahead in the digital age.