New Homes in North Carolina by KB Home (2024)

FAQs

Does KB homes build in North Carolina? ›

KB Home is proud to build homes for North Carolina residents, with locations in Wake Forest, Clayton, Cary, Holly Springs, Fuquay-Varina and Apex.

A history of firsts that have expanded the American Dream. 1957. Eli Broad and Donald Kaufman launch Kaufman and Broad Building Company, with an innovative idea to build slab homes that make homeownership more affordable for first-time buyers.

KB Home is a homebuilding company based in the United States, founded in 1957 as Kaufman & Broad in Detroit, Michigan. It was the first company to be traded on the NYSE as a home builder. Its headquarters are in Los Angeles, California.

Find your ideal home! In North Carolina, there are currently 48 modular communities with 1,849 homes available to be built by 43 builders. Customize your home to fit your needs starting with one of the 1,849 plans. With prices from $50,000 to $556,990, 1 to 5 bedrooms and from 1 to 3 bathrooms your new home is here.

However, by building your own home you get a brand-new residence, customized to your needs. It costs $301,500 on average to build a home in North Carolina. This figure can add up to $451,500 if you include land costs, excavations, permits, and other expenses. A new home construction can take up to 9 to 12 months.

The massive state of Texas has the highest percentage of newly built properties — nearly 2.5 million homes built since 2010 — making up 22.5% of all homes in the state.

KBH was established as a public company through an initial public offering by its parent company, Kaufman and Broad Inc.

Homebuilding operating income as a percentage of revenues of approximately 11.0%, assuming no inventory-related charges. Housing gross profit margin of approximately 21.0%, assuming no inventory-related charges. Selling, general and administrative expenses as a percentage of housing revenues of about 10.0%.

What was the original name of KB homes? ›

KB Home was founded in Detroit in 1957 as Kaufman & Broad.

KB Home Market Cap

KB Home has a market cap or net worth of $4.63 billion as of April 19, 2024. Its market cap has increased by 41.22% in one year.

With nearly 80,000 closings in 2021 bringing in more than $27 billion in revenue, D.R. Horton is the largest home builder in the US for the 20th year running. It's quite literally the behemoth in the homebuilding industry, with local affiliates in service areas around the U.S.

KB Home total number of employees in 2022 was 2,244, a 0% decline from 2021.

Clayton Homes is the largest builder of manufactured and modular homes in the US.

Modular Homes are built off-site in pieces and are designed to meet the North Carolina State Building Code when assembled on a development site. Modular homes are subject to the same zoning standards as any other site-built home, and are allowed anywhere a single family home would otherwise be permitted in Lenoir.

North Carolina supports several reputable builders, such as Carolina Custom Barns and Steel Root Builders, known for their work in constructing durable and aesthetically pleasing barndominiums.

Months of Supply: The average month of supply is 3 months. NC's demand can't be satiated with the low supply. NC's house scarcity is worse than the national housing market.

Elegance and grandeur abound at Biltmore, America's largest home. This French Renaissance castle in the heart of Asheville and the Blue Ridge Mountains is an architectural jewel. The home features 250 rooms, including 35 bedrooms, 43 bathrooms and 65 fireplaces.