To kick off National Home Remodeling Month in May, which promotes the benefits of hiring a professional remodeler, the National Association of Home Builders (NAHB) has highlighted recent data from the American Community Survey (ACS) that shows almost half of the owner-occupied homes in the U.S. were built before 1980 and have a median age of 41 years. The aging housing stock, combined with insufficient new home inventory, indicates the remodeling market is poised for future growth. The U.S. owner-occupied housing stock has aged rapidly, particularly since the Great Recession, as ACS data analyzed by NAHB shows that around 48% of the housing stock dates back to the 1980s and earlier. The median age of owner-occupied homes climbed to 41 years in 2023, up from 31 years in 2005.