D.R. Horton Expands Minnesota Footprint With New Home Community in Dundas

D.R. Horton Expands Minnesota Footprint With New Home Community in Dundas

Arlington, Texas-based homebuilder D.R. Horton announced plans for a new residential community in Dundas, Minnesota, according to a company release distributed via ACCESS Newswire.

The announcement adds to the builder’s presence in the southern Minneapolis–St. Paul metro area. Dundas, located just outside Northfield in Rice County, has seen growing residential development interest as buyers look farther out from the Twin Cities core for new-construction inventory.

D.R. Horton is the largest homebuilder in the United States by volume, operating across 126 markets in 36 states through six regional divisions. The company’s model centers on acquiring and developing land, then building and selling entry-level and move-up homes, which has made its expansion plans in secondary metros like Dundas a recurring feature of its growth strategy.

The news comes during a choppy stretch for homebuilder stocks. Shares of D.R. Horton traded at $138.49 in recent action, down 3.62% from the prior close of $143.69, leaving the company with a market capitalization of roughly $39.9 billion. The stock’s movement reflects broader sector sensitivity to mortgage-rate expectations, which continue to shape affordability and demand for new homes.

Builders nationally have leaned on incentives such as mortgage-rate buydowns to keep sales momentum amid elevated borrowing costs, and large-scale operators like D.R. Horton have used their land pipelines to keep a steady flow of communities opening in high-growth Midwest and Sun Belt submarkets. Minnesota, while not typically among the fastest-appreciating housing markets, offers the company a stable base of household formation around the Twin Cities.

The company did not detail pricing, home sizes, or an opening timeline for the Dundas community in the initial announcement. Details on floor plans and lot counts are typically released closer to a community’s sales launch.

What to watch

• Follow-up details from D.R. Horton on the Dundas community, including lot counts, floor plans, and pricing
• The company’s next quarterly earnings report, which will cover sales pace, incentives, and guidance across its regions
• Mortgage-rate trends, which affect new-home demand and builder order volumes nationally
• Additional Twin Cities-area land acquisitions or community openings as part of the builder’s Midwest pipeline

Source: original release