Industry facts
Home improvement and remodeling statistics
Current, source-linked figures on the work homeowners are doing, from essential replacements to exterior projects and full remodels.
Last updated October 6, 2026
This reference page brings together the latest applicable findings from the Harvard Joint Center for Housing Studies and the U.S. Department of Housing and Urban Development’s American Housing Survey. Figures refer to the United States unless a source says otherwise.
The measures have different scopes, so they should not be added together. They are here to make comparisons clearer, not to stand in for a project-specific assessment or quote.
$600B+
Statistic 01
U.S. home improvement and repair spending is expected to stay above $600 billion through 2025.
The figure covers the broad U.S. market for improvement and repair work. It is a market-level estimate, not a typical project budget.
Harvard Joint Center for Housing Studies, Improving America’s Housing 2025, published March 2025.$405B
Statistic 02
Owner-occupied homes accounted for $405 billion in home improvement spending in 2023.
This measure focuses on improvements to owner-occupied homes, rather than the broader repair-and-improvement market.
Harvard Joint Center for Housing Studies analysis of the 2023 American Housing Survey, published 2025.84.1%
Statistic 03
Professionally installed projects made up 84.1% of owner-occupied home improvement spending in 2023.
That share represented $340.5 billion in professionally installed improvements, including labour, materials, profit and overhead.
Harvard Joint Center for Housing Studies analysis of the 2023 American Housing Survey, published September 2026.$197B
Statistic 04
Replacing core home components represented about half of improvement spending in 2023.
Exterior, systems and interior replacements totalled $197 billion, a useful reminder that many projects are about protecting a home, not just changing its look.
Harvard Joint Center for Housing Studies, Improving America’s Housing 2025, using 2023 American Housing Survey data.20.1%
Statistic 05
Exterior replacements were the largest single improvement category in 2023.
They made up 20.1% of aggregate home improvement spending, ahead of systems and equipment replacements at 18.5%.
Harvard Joint Center for Housing Studies, Improving America’s Housing 2025, using 2023 American Housing Survey data.$63B
Statistic 06
Outside-property improvements accounted for $63 billion in 2023.
The category includes work such as fencing, sheds, landscaping and recreational structures, and represented 15% of improvement spending.
Harvard Joint Center for Housing Studies, Improving America’s Housing 2025, using 2023 American Housing Survey data.18.4%
Statistic 07
Kitchen and bath remodels made up 18.4% of home improvement spending in 2023.
Kitchen remodels accounted for 10.1% and bath remodels 8.3%, while room additions represented another 5.9%.
Harvard Joint Center for Housing Studies, Improving America’s Housing 2025, using 2023 American Housing Survey data.$2.3K to $9.1K
Statistic 08
Average 2023 improvement spending varied sharply by household income.
Owners in the lowest income fifth averaged $2,300 in improvement spending, compared with $9,100 for owners in the highest fifth. The figures describe averages, not quote guidance.
Harvard Joint Center for Housing Studies analysis of the 2023 American Housing Survey, published April 2025.Methodology and sources
How to use these figures
Each statistic is linked to the publication that supports it. The page gives the source’s measurement year and publication date where available. We review this reference roughly monthly, and sooner when a primary source publishes a material update.
Sources used here: the Harvard Joint Center for Housing Studies’ Improving America’s Housing 2025 report, its March 2025 market release, its April 2025 spending analysis and its September 2026 professional-installation analysis. Those publications draw on the U.S. Department of Housing and Urban Development’s American Housing Survey.
Heavenly Handy Construction. “Home Improvement and Remodeling Statistics.” Updated October 6, 2026. Accessed [date].
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