NAICS Code 237210-07 - Housing Developers

Marketing Level - NAICS 8-Digit

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NAICS Code 237210-07 Description (8-Digit)

Housing Developers are companies that specialize in the development of residential properties. This involves the acquisition of land, obtaining necessary permits, designing and constructing homes, and marketing and selling the finished product. Housing Developers may work on a small scale, building individual homes, or on a larger scale, developing entire neighborhoods or communities.

Parent Code - Official US Census

Official 6‑digit NAICS codes serve as the parent classification used for government registrations and documentation. The marketing-level 8‑digit codes act as child extensions of these official classifications, providing refined segmentation for more precise targeting and detailed niche insights. Related industries are listed under the parent code, offering a broader context of the industry environment. For further details on the official classification for this industry, please visit the U.S. Census Bureau NAICS Code 237210 page

Tools

Tools commonly used in the Housing Developers industry for day-to-day tasks and operations.

  • CAD software for designing homes and communities
  • Project management software for tracking progress and timelines
  • Land surveying equipment for assessing potential development sites
  • Construction equipment such as excavators and bulldozers
  • Building materials such as lumber, concrete, and roofing materials
  • Marketing and advertising tools for promoting properties, such as brochures and websites
  • Financial software for managing budgets and expenses
  • Environmental assessment tools for evaluating the impact of development on the surrounding area
  • Legal software for managing contracts and agreements
  • Safety equipment for construction workers, such as hard hats and safety harnesses

Industry Examples of Housing Developers

Common products and services typical of NAICS Code 237210-07, illustrating the main business activities and contributions to the market.

  • Single-family home development
  • Townhome development
  • Condominium development
  • Apartment complex development
  • Retirement community development
  • Gated community development
  • Mixed-use development (residential and commercial)
  • Subdivision development
  • Planned community development
  • Affordable housing development

History

A concise historical narrative of NAICS Code 237210-07 covering global milestones and recent developments within the United States.

  • The Housing Developers industry has a long history dating back to the early 20th century when the demand for affordable housing increased. In the 1920s, the industry experienced a boom due to the post-World War I economic growth. During the Great Depression, the industry suffered a significant setback, but it recovered in the 1940s with the post-World War II housing boom. In the 1960s, the industry experienced a shift towards suburbanization, which led to the development of large-scale housing projects. In recent history, the industry has been impacted by the 2008 financial crisis, which led to a decline in demand for new housing. However, the industry has since recovered, and the demand for new housing has increased due to population growth and low-interest rates.