An earlier post described how the top ten builders in the country accounted for 43.6% of new single-family closings in 2025. BUILDER magazine has now released additional data on the top ten builders within each of the 50 largest new home markets in the U.S., ranked by single-family permits. It is important to note that this post does not focus on the top ten largest home builders nationally; instead, it analyzes the top ten list within each of the largest 50 new housing markets.
The 2025 data show that the top 10 builder concentration in the 50 largest markets ranged from 53.4% in Nashville-Davidson-Murfreesboro-Franklin, TN to 99.5% in Tucson, AZ. In ten metro areas, the top ten builders’ market share exceeded 90%. Across all 50 metro areas, the average market share of the top 10 builders was 78.9%, down slightly from 79.3% in 2024.
Looking at the results on a map reveals that South Carolina, southern Florida, and parts of the Midwest continue to include multiple highly concentrated markets, while Texas, the Northwest and the Mountain West markets have lower levels of concentration.
D.R. Horton made the top ten builder list in 47 markets, followed closely by Lennar at 45 markets. Both companies are present within the same top ten builder list in 42 metro areas. PulteGroup was next with 36 metro markets, followed by Meritage Homes and NVR with 22 and 20 metro markets, respectively.
From 2024 to 2025, 20 metro areas saw an increase in their top 10 builders’ market share, lower than the 27 increases from 2023 to 2024. The largest increases were seen in:
Tucson, AZ (+17.1 percentage points, 99.5%)
Miami-Fort Lauderdale-West Palm Beach, FL (+16.9 percentage points, 89.3%)
Richmond, VA (+8.7 percentage points, 91.3%)
Wilmington, NC (+8.4 percentage points, 80.8%)
On the other hand, 26 metro areas saw a decline in their top 10 builders’ market share from 2024 to 2025, up from 20 decreases from 2023 to 2024. Six metro areas experienced a double-digit decrease in 2025:
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (-18.2 percentage points, 69.3%)
Atlanta-Sandy Springs-Roswell, GA (-13.4 percentage points, 63.4%)
Jacksonville, FL (-12.1 percentage points, 74.4%)
Cape-Coral-Fort Myers, FL (-12.0 percentage points, 84.2%)
Salt Lake City-Murray, UT (-11.6 percentage points, 58.2%)
Spartanburg, SC (-10.4 percentage points, 83.1%)
The remaining four largest markets are new to the top 50 market list in 2025: Wildwood-The Villages, FL; Huntsville, AL; Punta Gorda, FL; and Colorado Springs, CO
This article was originally published by a eyeonhousing.org . Read the Original article here. .
