National figures on home improvement, remodeling, and wood flooring, gathered in one place for homeowners, writers, and industry professionals.
Last updated September 15, 2026
These figures come from the latest available reports named below. Each statistic links directly to the source that published it, and dates are included because housing and remodeling data changes over time.
$603 billion
Harvard’s Joint Center for Housing Studies reports this as the size of the U.S. home improvement and repair market in 2024.
Source: Harvard Joint Center for Housing Studies, Improving America’s Housing 2025, 2025128,000+
The National Association of Home Builders reported this count for the first quarter of 2025.
Source: National Association of Home Builders, Remodeling Sector Sees Solid Growth, May 202656%
That share reflects the large number of specialists working on existing homes, rather than new construction.
Source: National Association of Home Builders, Remodeling Sector Sees Solid Growth, May 20265%
This was NAHB’s May 2025 outlook, illustrating the expected strength of work on existing homes. It is a forecast, not a measured result.
Source: National Association of Home Builders, Remodeling Market Poised for Growth, May 2025147%
The National Association of Realtors reported this estimate in its 2022 Remodeling Impact Report.
Source: National Association of Realtors, 2022 Remodeling Impact Report, 2022118%
The figure comes from the same National Association of Realtors report and is a national estimate, not a promise for an individual home.
Source: National Association of Realtors, 2022 Remodeling Impact Report, 2022National numbers can provide useful context, but they cannot tell you what a particular floor needs. The wood species, wear pattern, subfloor, existing finish, room transitions, and the way your household uses the space all shape the right path.
For Triangle homeowners, an in-home assessment is the practical next step. Accent Custom Floors can help you decide whether refinishing, repair, or a new installation makes the most sense for the rooms you live in every day.
This page uses named public reports from housing research and industry organizations. Figures are presented as reported by their original publishers, with the reporting year shown beside each source. Cost recovery estimates describe a national study and should not be treated as a project-specific valuation.
Accent Custom Floors. “U.S. Home Remodeling and Hardwood Floor Statistics.” Updated September 15, 2026. https://callaccent.com/hardwood-floor-statistics