Two-Thirds of U.S. Homeowners Choosing Remodeling Over Relocating

Seattle, WA, April 17, 2026-U.S. homeowners are remodeling instead of relocating, reports Redfin.

• About two-thirds of homeowners who recently made renovations chose to upgrade their home instead of moving to a new place, per a recent Redfin survey. 
• Within this group of homeowners, millennials and Gen Zers are more likely than older people to remodel instead of move.
• Most homeowners who renovated in the last year spent less than $20,000 on upgrades, signaling that a lot of them are opting for select improvements rather than a full remodel. 
• Fresh paint, bathroom upgrades and kitchen renovations are the most common improvements. 

Instead of moving, Americans are remodeling. More than two in five (43%) Americans renovated their home in the last year, and another 33% plan to renovate in the next year, according to a recent Redfin survey. 

For many, renovating is a deliberate alternative to seeking out a different home. Roughly two-thirds (65%) of homeowners who are recent renovators chose to upgrade their current home instead of moving. For homeowners who are planning to renovate in the next year, 71% say they’re remodeling instead of buying a new place.