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North Carolina Siding Market Size

$1.65B a year in installed residential siding demand across 39 metro and micropolitan areas — #8 of 52 (the 50 states, DC and Puerto Rico).

Annual market size
$1.65B
installed value, replacement + new
Share of US
3.9%
#8 of 52 incl. DC & PR
Jobs per year
130,035
residential installations
Metros modeled
39
metro + micropolitan areas
SF permits 2022–2024
+6.8%
38 metros reporting every year

The short answer

The North Carolina siding market is about $1.65B a year in installed residential demand (3.9% of the US total), ranking #8 of 52 states and jurisdictions (the 50 states, DC and Puerto Rico, where modeled). The largest metro is Charlotte, NC at $355.66M of North Carolina demand. Statewide, the market is roughly 130,035 jobs a year: $1.04B replacement on existing homes and $606.71M new single-family construction.

North Carolina siding market by metro

Every modeled metro with homes in North Carolina. A metro that crosses a state line shows only the share of its demand inside North Carolina; firm counts, scores and saturation describe the whole metro. Each links to its full market file.

#MetroAnnual demandShare of stateOpportunity scoreDemand / firmSaturation
1Charlotte, NC (84% in NC)$355.66M21.6%64.2$3.33MWide Open
2Raleigh, NC$281.58M17.1%68.6$3.35MWide Open
3Winston, NC$129.39M7.8%65.7$4.04MWide Open
4Greensboro, NC$120.47M7.3%61.7$6.02MWide Open
5Wilmington, NC$106.08M6.4%60.2$5.89MLand Grab
6Hickory, NC$80.24M4.9%66.7$2.87MBalanced
7Durham, NC$76.91M4.7%63.0$973.60KCrowded
8Asheville, NC$64.27M3.9%61.9$2.79MBalanced
9Fayetteville, NC$41.41M2.5%56.6$2.76MBalanced
10Burlington, NC$37.69M2.3%60.1$4.71MWide Open
11Anderson Creek, NC$33.36M2.0%58.4$4.17MWide Open
12Greenville, NC$26.65M1.6%55.9$6.66MWide Open
13Jacksonville, NC$24.66M1.5%55.1$3.52MWide Open
14Rocky Mount, NC$20.32M1.2%54.2$5.08MWide Open
15Pinehurst, NC$18.78M1.1%58.4$4.70MLand Grab
16Shelby, NC$18.64M1.1%57.3$642.82KKnife Fight
17New Bern, NC$16.96M1.0%51.2$4.24MLand Grab
18Goldsboro, NC$16.52M1.0%51.9$869.51KKnife Fight
19Mount Airy, NC$14.40M0.9%53.7$3.60MBalanced
20Wilson, NC$13.28M0.8%48.7$13.28MWide Open
21Morehead City, NC$12.83M0.8%49.3$6.41MLand Grab
22Lumberton, NC$12.43M0.8%46.0$12.43MLand Grab
23Sanford, NC$12.03M0.7%50.5$2.41MBalanced
24Virginia Beach, VA (5% in NC)$11.26M0.7%65.8$4.52MWide Open
25Forest City, NC$10.39M0.6%47.8$3.46MBalanced
26North Wilkesboro, NC$10.34M0.6%45.4$2.58MCrowded
27Waynesville, NC$9.56M0.6%49.8$3.19MWide Open
28Albemarle, NC$9.40M0.6%45.5$3.13MBalanced
29Marion, NC$9.29M0.6%49.5$844.91KKnife Fight
30Washington, NC$7.64M0.5%46.4$849.15KKnife Fight
31Roanoke Rapids, NC$6.89M0.4%33.9$984.13KKnife Fight
32Kill Devil Hills, NC$6.82M0.4%41.2$3.41MLand Grab
33Boone, NC$6.24M0.4%43.3$6.24MLand Grab
34Kinston, NC$5.92M0.4%34.2$370.11KKnife Fight
35Brevard, NC$4.93M0.3%40.6$4.93MLand Grab
36Elizabeth City, NC$4.57M0.3%39.1$1.14MCrowded
37Henderson, NC$4.26M0.3%32.9$4.26MBalanced
38Rockingham, NC$4.10M0.2%31.8$586.19KKnife Fight
39Laurinburg, NC$3.01M0.2%33.6$3.01MBalanced

All states (CSV) All 935 metros (CSV)

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Demand drivers in North Carolina

North Carolina's metro areas had 2,886,366 single-family detached homes in the 2019–23 Census survey, against 2,713,887 in 2014–18: the stock grew 6.4% over five years. Population changed +4.9% over the same years. Those homes are the base siding replacement demand is sized on. The dollar market size itself has no measured history, so no growth rate is published for it.

Single-family permits

65.4k202265.5k202369.8k2024

Census Building Permits Survey, 38 metros whose primary state is North Carolina and that report every year.

Damaging hail events

1852016882017522018119201953202078202111320221172023762024982025

NOAA Storm Events, 38 metros, every year loaded. Hail pulls siding replacement forward.

North Carolina siding market — common questions

How big is the North Carolina siding market?

The North Carolina siding market is about $1.65B a year in installed residential demand (3.9% of the US total), ranking #8 of 52 states and jurisdictions (the 50 states, DC and Puerto Rico, where modeled). The largest metro is Charlotte, NC at $355.66M of North Carolina demand. Statewide, the market is roughly 130,035 jobs a year: $1.04B replacement on existing homes and $606.71M new single-family construction.

Which metros have the largest siding market in North Carolina?

Charlotte, NC $355.66M; Raleigh, NC $281.58M; Winston, NC $129.39M; Greensboro, NC $120.47M; Wilmington, NC $106.08M. 39 metro and micropolitan areas in North Carolina are modeled.

What are the best siding markets in North Carolina for expansion?

By NextTerritory's opportunity score (0-100, a national percentile blend of seven components: market size, growth, affluence, storm exposure, climate, housing age and competition): Raleigh, NC 68.6; Hickory, NC 66.7; Virginia Beach, VA 65.8. The score is the same national scale for every metro, so it compares across state lines.

How competitive is the North Carolina siding market?

Saturation compares each metro's annual siding demand with its count of specialty contractor establishments (BLS QCEW). Across North Carolina's metros: 8 Land Grab; 12 Wide Open; 9 Balanced; 3 Crowded; 7 Knife Fight. Land Grab is the least crowded cohort nationally, Knife Fight the most.

Is the North Carolina siding market growing?

North Carolina's metro areas had 2,886,366 single-family detached homes in the 2019–23 Census survey, against 2,713,887 in 2014–18: the stock grew 6.4% over five years. Population changed +4.9% over the same years. Those homes are the base siding replacement demand is sized on. The dollar market size itself has no measured history, so no growth rate is published for it.

How is the North Carolina siding market size calculated?

Bottom-up, metro by metro: owner-occupied single-family homes divided by the line's service life, adjusted for housing age and hail exposure, priced at the model's average ticket, plus single-family permits at a builder price. Metros that cross a state line are split by single-family housing in each county. Rural counties outside a metro are not modeled.

Use these figures

Free to reuse, including commercially, with credit (CC BY 4.0). Suggested citation:

NextTerritory (2026). North Carolina Siding Market Size. https://nextterritory.com/us-siding-market/north-carolina. Licensed CC BY 4.0.

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States ranked near North Carolina, and the other exterior lines here.

US siding market size, all states → · Methodology