More than half of all homeowners found the time and financial means to renovate their homes in 2025, with a higher share of millennials and Gen Z diving into the renovation world, according to Houzz's 2026 House & Home Study.

Home renovation activity remained steady in 2025, with more than half of U.S. homeowners (54%) undertaking renovation projects, according to Houzz Inc.

The 2026 U.S. Houzz & Home Study found that median renovation spend held at $20,000 in 2025, while high-end activity gained momentum, with the top 10% of projects reaching $150,000 or more (up from $140,000 the year prior). Meanwhile, homeowners are taking a more measured approach to future projects, with 50% planning renovations (down from 52% last year) and intended median spend declining to $15,000 for 2026 from $20,000 in 2025.

“Home renovation continues at historic levels, even as homeowners take a more cautious approach to future projects,” said Marine Sargsyan, head of economic research at Houzz. “What’s driving this resilience is pent-up demand from homeowners who are finally able to act on long-planned renovations. At the same time, we’re seeing a clear shift toward investing in forever homes rather than moving, with many adapting their spaces to meet changing needs.”

Pent-up demand remains the strongest motivator for home upgrades, with 40% of homeowners saying they finally have the time to renovate and 36% reporting they now have the financial means to do so. One in 5 renovations is driven by a recent home purchase (20%) or damage due to home age (19%), while life events account for another 16%.

Among those updating due to life events, homeowners most often cite health or accessibility needs (21%), increased remote work (21%) and income or employment changes (20%), followed by a child moving out (19%). The survey also found that homeowners are adapting their existing spaces to meet these evolving needs rather than relocating, with nearly two-thirds of homeowners (61%) planning to stay in their homes for 11 years or more and 44% describing their residence as a forever home.
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Source: houston.culturemap.com