4. Homeowners Continue to Invest in Bathroom Projects
Homeowners are still putting serious money into bathroom remodels, especially bigger projects. The national median spend dipped slightly to $13,000 in 2024 (down from $15,000 in 2023), but major remodels — those for which at least the shower is upgraded — ticked up to $22,000 from $21,000 the year before. Large bathrooms of 100 square feet or more command the highest budgets, with spending holding steady at $25,000.
Keep in mind, economists like to reference the median, or midpoint, figure rather than the average for this kind of data because the average can be skewed, can be volatile year over year and can be misleadingly high or low because of a single project that costs far more or less than others.
Homeowners are still putting serious money into bathroom remodels, especially bigger projects. The national median spend dipped slightly to $13,000 in 2024 (down from $15,000 in 2023), but major remodels — those for which at least the shower is upgraded — ticked up to $22,000 from $21,000 the year before. Large bathrooms of 100 square feet or more command the highest budgets, with spending holding steady at $25,000.
Keep in mind, economists like to reference the median, or midpoint, figure rather than the average for this kind of data because the average can be skewed, can be volatile year over year and can be misleadingly high or low because of a single project that costs far more or less than others.