Ryan Homes closed 961 homes in the Richmond region in 2025, more than the next two builders combined. That single number frames the whole market: one national builder at massive scale, a tight pack of four regional and national builders in the 200 to 400 range, and everyone else below that. This page ranks Richmond’s biggest builders by 2025 closings, shows how the order has shifted since 2024, and explains what volume does and does not tell you as a buyer. Figures come from the Home Building Association of Richmond’s annual rankings as reported by Richmond BizSense in April 2026.
Daniel Yoon is a Certified New Home Co-Broker (NHCB) representing buyers on new construction across the Richmond metro.
Richmond’s biggest builders, 2025 closings
| Rank | Builder | 2025 closings | 2025 volume | 2024 closings | Profile |
|---|---|---|---|---|---|
| 1 | Ryan Homes (NVR) | 961 | $405 million | 885 | Review |
| 2 | Stanley Martin | 383 | $159 million | 404 | Review |
| 3 | HHHunt Homes | 365 | $164 million | 345 | Review |
| 4 | Main Street Homes | 261 | $168 million | 353 | Review |
| 5 | Eastwood Homes | 247 | $144 million | 230 | Review |
| 6 | StyleCraft Homes | 210 | $112.8 million | 269 | Review |
| 7 | Lennar | 187 | $89.1 million | 151 | Review |
| 8 | D.R. Horton | 172 | $89.9 million | 130 | Review |
| 9 | Mungo Homes (incl. CraftMaster) | 158 | Not published | 124 | Review |
| 10 | Eagle Construction | 156 | $112.1 million | 165 | Review |
Schell Brothers reported $91 million in 2025 volume without a published closings count, which on its price points would place it near the bottom of this table by units and well inside it by dollars. RCI Builders ranked eleventh in 2024 with 118 closings for $85 million. The region closed roughly 3,100 new homes in 2025 across all builders.
What the averages reveal
Divide volume by closings and the market’s structure appears. Ryan’s average 2025 closing was about $421,000, Stanley Martin’s $416,426, and the two are nearly identical because both sell attainable product at scale. Main Street’s average was $644,181, half Ryan’s volume in units but nearly half again the revenue per home, which is what a semi-custom model looks like in numbers. Eagle’s $112.1 million on 156 closings implies about $719,000 per home, the highest average in the top ten. Lennar and D.R. Horton land near $476,000 and $523,000 respectively on smaller bases. When a sales rep tells you a builder is “number two in Richmond,” ask: by units or by dollars? The answer changes the list.
The 2026 story: growth at the bottom, squeeze on land
Three movements stand out year over year. The nationals grew fastest: Lennar up 24 percent and D.R. Horton up 32 percent in closings, both feeding on Chesterfield master plans like Watermark and Harpers Mill. Main Street and StyleCraft each gave back a quarter of their unit counts, consistent with higher-priced product in a rate-sensitive year. And underneath all of it, HBAR reported only 1,273 lots rezoned across the region in 2025 against roughly 4,000 a year from 2021 through 2024, a pipeline squeeze HBAR’s CEO flagged directly. Fewer future lots means the builders with land banks hold pricing power, and it means the 2027 rankings are being decided in county rezoning hearings now.
Does bigger mean better?
Volume buys you predictable processes, deep trade relationships, and a warranty department that outlives any one employee. It does not buy you attention per house, and the complaint records show it: the highest-volume builders carry the lowest complaint-site scores in absolute terms, partly because 961 closings generate more unhappy buyers than 40 closings even at the same defect rate. Our advice does not change with rank: inspect independently at pre-drywall and final, read the contract before deposit, and compare included features rather than brands. The full market comparison is in our Richmond builders guide, warranties in the warranty comparison, and the smaller end of the market in our smaller builders roundup.
Frequently asked questions
Who is the biggest home builder in Richmond VA? Ryan Homes, with 961 closings for $405 million in 2025 per HBAR rankings, more than double any other builder in the region.
Who are the top 5 builders in Richmond? By 2025 closings: Ryan Homes (961), Stanley Martin (383), HHHunt (365), Main Street Homes (261), and Eastwood Homes (247).
What is the largest locally owned builder in Richmond? Main Street Homes, based in Midlothian and 100 percent employee-owned, with 261 closings for $168 million in 2025 at the highest dollar volume of any local builder.
How many new homes are built in Richmond each year? Roughly 3,100 closed across the region in 2025. Only 1,273 lots were rezoned for future homes that year, down from about 4,000 a year from 2021 to 2024.
Is a bigger builder better than a smaller one? Bigger builders offer standardized processes and durable warranty departments; smaller builders offer more flexibility and attention per home. Complaint rates scale with volume, so judge specific communities and contracts, not rank.
Shopping the market?
We work with buyers at every builder on this list. Daniel Yoon is a Certified New Home Co-Broker, ABR, and SRS with eXp Realty. Call or text 804.896.2694, or browse every new home in the region at showingnew.com/dyoonnewhomes.