Lists

Top 10 Home Builders of 2023

D.R. Horton tops the list for the 21st consecutive year, closing 81,981 homes last year.

Updated on

March 17, 2024

Home designs in Kenya | CK — A newly built home. (Photo: File)

Every year, Builder magazine publishes its annual list of the top 100 home construction companies in the U.S. based on closings, which include single-family rentals.

Here is how the top 10 home builders performed last year:

1. D R Horton | Texas

2022 revenue: $32.7 billion

2022 closings: 82,930

D.R. Horton, Inc., a home-building company based in Arlington, Texas, has been the largest home builder in the U.S. by volume since 2002.

The Delaware-incorporated company operates four brands: D.R. Horton, Emerald Homes, Express Homes, and Freedom Homes.

The Emerald Homes brand provides luxury real estate, while Express Homes caters to entry-level buyers. Freedom Homes caters to the active adult community.

Regions: Northeast, South, Midwest, West

2. Lennar Corp. | Florida

2022 revenue: $31.8 billion

2022 closings: 68,817

Lennar Corp. is a prominent home-building company serving the US housing market. Headquartered in Miami, Florida, the company operates multiple brands, including Lennar Homes, CalAtlantic Homes, and Eagle Home Mortgage.

Lennar Homes designs quality living spaces, while CalAtlantic Homes delivers luxury homes. Through Eagle Home Mortgage, Lennar Corp. offers financing solutions for homebuyers in the United States.

Regions: Northeast, South, Midwest, West

3. PulteGroup | Georgia

2022 revenue: $15.8 billion

2022 closings: 29,111

Based in Atlanta, Georgia, PulteGroup, Inc. is one of the top construction companies for homes in the US, operating in 44 markets in 23 states.

The company, which operates under various brands, including Pulte Homes, Del Webb, Centex, and DiVosta Homes, caters to a diverse range of clients.

Pulte Homes creates innovative living spaces, while Del Webb designs vibrant communities for active adults. Centex focuses on affordable housing, while DiVosta Homes adds some luxury to residential real estate.

PulteGroup has delivered nearly 750,000 homes throughout the US since it was founded in 1950.

Regions: Northeast, South, Midwest, West

4. NVR, Inc. | Virginia

2022 revenue: $10.3 billion

2022 closings: 22,732

Headquartered in Reston, Virginia, NVR, Inc. is one of the most respected home building companies in the US. Operating under three brands—Ryan Homes, NVHomes, and Heartland Homes—NVR serves a diverse range of clienteles.

Ryan Homes specializes in the provision of affordable housing, while NVHomes, and Heartland Homes provide homes for high-end homebuyers.

Regions: Northeast, South, Midwest

5. Meritage Homes Corp. | Arizona

2022 revenue: $6.2 billion

2022 closings: 14,106

Meritage Homes Corp. is one of the popular American companies that build homes. Based in Scottsdale, Arizona, the company creates energy-efficient and sustainable residences that cater to the modern homeowner.

Meritage Homes has been a pioneer in integrating smart home technology into its residences. The company has teamed up with various technology providers to incorporate features such as home automation and advanced security systems.

Regions: South, West

6. KB Home | California

2022 revenue: $6.9 billion

2022 closings: 13,738

KB Home, based in Los Angeles, California, is one of the most prominent home construction companies in the US, with closings of more than 13,000 annually.

The company, which is renowned for its promise of sustainability, offers a diverse range of housing solutions under its brand.

It focuses on tailoring homes to individual preferences through its built-to-order approach, which allows homeowners to create spaces that reflect their lifestyles.

Regions: South, West

7. Taylor Morrison | Arizona

2022 revenue: $7.9 billion

2022 closings: 12,647

Based in Scottsdale, Arizona, Taylor Morrison is among the most distinguished construction home companies in the United States.

Operating under the slogan ‘building homes inspired by you’, the company builds houses that cater to diverse lifestyles under its brands, including Taylor Morrison and Darling Homes.

Taylor Morrison offers a range of homes, from entry-level to luxury.

Regions: South, West

8. Clayton Properties Group | Tennessee

2022 revenue: $4.8 billion

2022 closings: 11,751

Clayton Properties Group, based in Maryville, Tennessee, is a significant player in the home construction industry.

The home-building company, which operates as a subsidiary of Clayton Homes, specializes in the provision of houses that cater to diverse lifestyles.

Clayton serves the market through its multiple brands, which include TruMH, Southern Energy, Karsten, Cavalier, Crest, Giles, Golden West, and Karsten.

Regions: South, West, Midwest

9. Century Communities | Colorado

2022 revenue: $4.4 billion

2022 closings: 10,594

Headquartered in Greenwood Village, Colorado, Century Communities is one of the leading home building companies operating in multiple regions across the US.

Through its multiple brands, including Century Communities, Century Complete, and Century Communities Advantage, the company offers a range of homes, from affordable entry-level homes to high-end luxury residences.

Regions: South, West, Midwest

10. Toll Brothers | Pennsylvania

2022 revenue: $9.7 billion

2022 closings: 10,515

Toll Brothers, based in Horsham, Pennsylvania, is a renowned home builder that focuses on delivering homes that cater to various segments of the market.

Founded by brothers Robert I. and Bruce E. Toll in 1967, Toll Brothers initially started in commercial property development before branching out into luxury home construction in 1982.

This shift showcased the company’s adaptability and marked its ascent as a prominent player in the upscale residential market.

Today, Toll Brothers operates under multiple brands, including Toll Brothers, Toll Brothers City Living, and Toll Brothers Apartment Living.

Regions: Northeast, South, West, Midwest