The real estate market in Northwest Arkansas has been dominated by new construction over the last year. With a limited inventory of existing homes on the market, many buyers are turning to new construction. Attractive builder incentives and creative financing options are driving this trend, making new homes an appealing alternative. Recently, a significant 3,016 home closings were reported, underscoring the region’s increasing appeal. In this article, we highlight the top home builders who are playing a pivotal role in shaping the future of this dynamic and rapidly expanding market.
1. Schuber Mitchell Homes
At the forefront of the market, Schuber Mitchell Homes leads with an impressive 489 closings, capturing 16.2% of the market share. Their reputation for quality craftsmanship and community-oriented designs has made them a preferred choice for both new and seasoned homeowners in the region.
2. Rausch Coleman Homes
Following closely, Rausch Coleman Homes recorded 480 closings, securing 15.9% of the market share. Known for their commitment to affordable housing, Rausch Coleman offers value-driven homes that resonate with a broad spectrum of buyers, solidifying their role as a staple in Northwest Arkansas.
3. D.R. Horton
National powerhouse D.R. Horton claims the third spot with 424 closings, representing 14.1% of the market. Their extensive portfolio and reputation for reliability have established them as a go-to builder for those seeking new homes in the area.
https://www.drhorton.com/arkansas/northwest-arkansas/fayetteville
4. Riverwood Homes
Riverwood Homes ranks fourth with 197 closings, making up 6.5% of the market share. Their dedication to custom designs and customer satisfaction has earned them a strong presence in the region.
5. Buffington Homes of Arkansas
With 186 closings and a 6.2% market share, Buffington Homes of Arkansas is renowned for their innovative designs and commitment to quality construction, attracting a loyal customer base.
https://buffingtonhomesar.com/
6. Brittenum Construction Co.
Brittenum Construction Co. secured 95 closings, holding 3.1% of the market. They are respected for their integrity and meticulous attention to detail, making them a trusted builder in the community.
7. Signature Builders
Signature Builders recorded 72 closings, contributing 2.4% to the market share. They specialize in luxury homes and custom builds, offering unique and tailored living spaces.
8. Cascade Homes
With 71 closings and a 2.4% market share, Cascade Homes is known for their modern designs and commitment to sustainability, making them a rising star in the local market.
9. Landmarc Custom Homes
Landmarc Custom Homes achieved 46 closings, comprising 1.5% of the market. They focus on personalized, high-end custom homes, catering to buyers seeking distinctive and high-quality living spaces.
10. RLP Construction
Rounding out the top ten, RLP Construction reported 45 closings, representing 1.5% of the market share. Their dedication to quality workmanship and a customer-first approach has made them a respected name in the industry.
Market Insights
Collectively, these top 10 builders accounted for 2,105 closings, representing a dominant 69.8% of the market share. The remaining 31.2% of the market, totaling 911 closings, was filled by various other builders.
As Northwest Arkansas continues its upward trajectory, these builders are playing a pivotal role in shaping the region’s housing landscape. Whether you're in the market for an affordable starter home or a luxurious custom build, there's a builder in Northwest Arkansas ready to meet your needs.
We expect to see more continued growth in the new construction market to meet the forecasted population growth projections in our region.
Stay tuned to NWALook for more insights and updates on the dynamic real estate market of Northwest Arkansas!
Credit: ZONDA
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