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Siding Replacement Costs in 2024

Average Siding Cost:​

$5,000 - $15,000+

Last Updated: June 15, 2024

5 min read

The Price Palette:

  • Price of New Siding: $5,000 - $15,000+

  • Cheapest Siding Material: Vinyl Siding ($2 - $7/sq. ft.)

  • Most Expensive Siding: Stone ($30+/sq. ft.)

  • Average ROI of Siding Replacement: 60-80%

How Much Does New Siding Cost?

When it comes to enhancing your home's exterior, new siding can offer a fresh look and increased protection. The cost of new siding varies widely based on several factors, including the material you choose, the size of your home, and your location. On average, homeowners can expect to pay between $5,000 and $15,000 for a complete siding replacement.​

6 Replacement Siding Cost Factors

  1. Material: Different siding materials have varying price points.

  2. Home Size: Larger homes require more materials and labor.

  3. Installation Complexity: Homes with intricate designs or multiple stories may incur higher labor costs.

  4. Location: Labor and material costs can vary significantly by region.

  5. Removal of Old Siding: The removal and disposal of old siding materials can add to the overall cost.

  6. Insulation: Adding or upgrading insulation can increase costs but improve energy efficiency.

Price by Siding Material

​Understanding the cost differences between siding materials can help you choose the best option for your budget and aesthetic preferences. The most popular siding materials by price in the United States:

White vinyl siding

Vinyl Siding: $2 - $7 per square foot

White fiber cement siding

Fiber Cement Siding: $5 - $10 per square foot

Brown wood siding

Wood Siding: $6 - $12 per square foot

Aluminum siding

Aluminum Siding: $7 - $15 per square foot

Red stucco siding

Stucco Siding: $7 - $15 per square foot

Red brick siding

Brick Siding: $10 - $20 per square foot

Luxury stone siding

Stone Siding: $17 - $30+ per square foot

Brown engineered wood siding

Engineered Wood: $4 - $9 per square foot

Cheapest Siding Material

Vinyl siding is often the most cost-effective option, with prices ranging from $2 to $7 per square foot installed. It is durable, low-maintenance, and available in a variety of colors and styles. Fiber cement siding, which costs about $5 to $10 per square foot, is another affordable option that offers excellent durability and a variety of finishes.

Most Expensive Siding Material

Natural stone and brick siding are among the most expensive options, typically ranging from $15 to $30 per square foot installed. These materials offer unmatched durability and a timeless aesthetic but come with a higher price tag. Wood siding, depending on the type of wood and treatment, can also be expensive, costing between $7 and $14 per square foot.

First Time Buyer Tip

If you're a first-time homebuyer, consider opting for vinyl or fiber cement siding to balance cost and durability. Both materials offer a good return on investment and require minimal maintenance, making them ideal for those new to homeownership.

Average Siding Replacement Costs by State (U.S.)

The cost of siding replacement can vary significantly across different states. For example:

​

  • California: $7,500 - $20,000

  • Texas: $6,000 - $16,000

  • Florida: $5,500 - $15,000

  • New York: $8,000 - $22,000

  • Illinois: $6,500 - $18,000

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These estimates include material and labor costs but can fluctuate based on local economic conditions and demand.

​

Siding Replacement vs. Siding Repair

Deciding between replacing and repairing your siding depends on the extent of the damage and the age of the existing material. Minor damage, such as small cracks or holes, can often be repaired at a fraction of the cost of replacement. However, if your siding is old, extensively damaged, or inefficient, replacement may be more cost-effective in the long run.

Ways to Pay for Siding Replacement

Several financing options are available for siding replacement:

Home Equity Loans: Use the equity in your home to finance the project.

Personal Loans: Unsecured loans can cover the costs but may have higher interest rates.

Credit Cards: Best for smaller projects; watch out for high-interest rates.

Contractor Financing: Some contractors offer payment plans or financing options.

Government Programs: Check for local or federal programs offering financial assistance for home improvements.

How to Save Money On Siding

Here are some tips to reduce your siding replacement costs:

 

  • Get Multiple Quotes: Compare prices from several contractors.

  • Choose Affordable Materials: Opt for vinyl or fiber cement over more expensive options.

  • Time Your Project: Off-peak seasons can sometimes offer lower labor costs.

  • DIY: If you're handy, consider doing part of the work yourself, like removing old siding.

Other Considerations and Costs

When planning for new siding, also consider these additional costs:

 

  • Permits: Some areas require permits for siding work. Most siding contractors will acquire permits for you, but you should budget for this cost in case they don’t. Most residential construction permits cost less than a few hundred dollars. 

  • Landscaping Repairs: Heavy equipment and construction can damage your yard. Set aside a few hundred dollars in case your landscaping or grass gets damaged in the process of siding replacement. Most contractors will cover the cost of damages if it’s caused by them, but make sure to read everything in your contract before to make sure you’re covered. 

  • Painting: If you choose a paintable siding, factor in the cost of paint and/or the cost to pay a contractor to paint the siding for you (most siding comes pre-painted).

  • Maintenance: Different materials have varying maintenance needs; factor this into your long-term budget. Set aside $500 a year ($42.00/month) for siding repairs. You likely won’t need to repair your siding every year, but when a big repair comes up you’ll be prepared.

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Siding Replacement Cost Breakdown

When budgeting for siding replacement, it’s important to remember you will be paying for more than the siding itself. You’ll be responsible to pay for all material and labor costs. Below is a breakdown of the items associated with siding replacement (prices vary based on the project details and scope). 

 

Materials

  • Siding Boards: $2-$30 per square foot

  • House Wrap (weather-resistant barrier): $0.50 - $1 per square foot

  • Flashing: $1 - $2 per linear foot

  • Siding Trim: $1 - $3 per linear foot

  • Dumpster Rental: $300 - $600 per week

  • Site Cleanup Supplies: $50 - $150

 

Labor

  • Site Preparation: $1 - $3 per square foot

  • Siding Removal: $1 - $2 per square foot

  • Siding Installation:$3 - $10 per square foot

  • Site Cleanup & Material Disposal: $0.50 - $2 per square foot

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