NextTerritory

Virginia Siding Market Size

$1.08B a year in installed residential siding demand across 15 metro and micropolitan areas — #13 of 52 (the 50 states, DC and Puerto Rico).

Annual market size
$1.08B
installed value, replacement + new
Share of US
2.6%
#13 of 52 incl. DC & PR
Jobs per year
74,752
residential installations
Metros modeled
15
metro + micropolitan areas
SF permits 2022–2024
+12.1%
12 metros reporting every year

The short answer

The Virginia siding market is about $1.08B a year in installed residential demand (2.6% of the US total), ranking #13 of 52 states and jurisdictions (the 50 states, DC and Puerto Rico, where modeled). The largest metro is Washington, DC at $374.25M of Virginia demand. Statewide, the market is roughly 74,752 jobs a year: $902.01M replacement on existing homes and $182.27M new single-family construction.

Virginia siding market by metro

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

#MetroAnnual demandShare of stateOpportunity scoreDemand / firmSaturation
1Washington, DC (51% in VA)$374.25M34.5%73.2$2.40MBalanced
2Virginia Beach, VA (95% in VA)$232.70M21.5%65.8$4.52MWide Open
3Richmond, VA$213.91M19.7%68.4$2.71MBalanced
4Roanoke, VA$49.02M4.5%61.0$3.27MBalanced
5Lynchburg, VA$42.75M3.9%63.9$1.94MCrowded
6Charlottesville, VA$34.78M3.2%65.0$2.32MBalanced
7Blacksburg, VA$21.85M2.0%60.3$1.29MCrowded
8Staunton, VA$21.31M2.0%63.3$2.66MBalanced
9Winchester, VA (78% in VA)$18.57M1.7%63.5$2.17MBalanced
10Danville, VA$17.32M1.6%49.5$5.77MWide Open
11Harrisonburg, VA$16.59M1.5%55.8$2.77MBalanced
12Kingsport, TN (31% in VA)$14.58M1.3%58.0$2.90MBalanced
13Martinsville, VA$12.35M1.1%50.1$6.17MWide Open
14Lake of the Woods, VA$8.89M0.8%58.1$888.91KCrowded
15Bluefield, WV (41% in VA)$5.41M0.5%45.9$1.02MKnife Fight

All states (CSV) All 935 metros (CSV)

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Demand drivers in Virginia

Virginia's metro areas had 1,924,041 single-family detached homes in the 2019–23 Census survey, against 1,836,036 in 2014–18: the stock grew 4.8% over five years. Population changed +3.3% 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

12.7k202213.3k202314.2k2024

Census Building Permits Survey, 12 metros whose primary state is Virginia and that report every year.

Damaging hail events

912016872017362018482019382020532021412022922023352024452025

NOAA Storm Events, 12 metros, every year loaded. Hail pulls siding replacement forward.

Virginia siding market — common questions

How big is the Virginia siding market?

The Virginia siding market is about $1.08B a year in installed residential demand (2.6% of the US total), ranking #13 of 52 states and jurisdictions (the 50 states, DC and Puerto Rico, where modeled). The largest metro is Washington, DC at $374.25M of Virginia demand. Statewide, the market is roughly 74,752 jobs a year: $902.01M replacement on existing homes and $182.27M new single-family construction.

Which metros have the largest siding market in Virginia?

Washington, DC $374.25M; Virginia Beach, VA $232.70M; Richmond, VA $213.91M; Roanoke, VA $49.02M; Lynchburg, VA $42.75M. 15 metro and micropolitan areas in Virginia are modeled.

What are the best siding markets in Virginia 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): Washington, DC 73.2; Richmond, VA 68.4; 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 Virginia siding market?

Saturation compares each metro's annual siding demand with its count of specialty contractor establishments (BLS QCEW). Across Virginia's metros: 3 Wide Open; 8 Balanced; 3 Crowded; 1 Knife Fight. Land Grab is the least crowded cohort nationally, Knife Fight the most.

Is the Virginia siding market growing?

Virginia's metro areas had 1,924,041 single-family detached homes in the 2019–23 Census survey, against 1,836,036 in 2014–18: the stock grew 4.8% over five years. Population changed +3.3% 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 Virginia 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). Virginia Siding Market Size. https://nextterritory.com/us-siding-market/virginia. Licensed CC BY 4.0.

Compare

States ranked near Virginia, and the other exterior lines here.

US siding market size, all states → · Methodology