LGI Homes Expands Presence in Winston-Salem with Five New Communities in 2025
Rhea-AI Summary
LGI Homes (NASDAQ: LGIH) announces expansion in Winston-Salem, NC with five new communities. Three communities are already open: Applewood (126 homesites, prices from $290s), Petticoat Junction (12 homesites, from $310s), and Sycamore Court (9 homesites, from $330s). Two additional communities, Robindale and Cider Hill, will launch later in 2025.
The communities offer one- and two-story homes ranging from 1,172 to 2,112 square feet, featuring 3-4 bedrooms and 2-2.5 bathrooms. Locations are strategically positioned around Winston-Salem, providing easy access to downtown, outdoor recreation, and major employers.
Positive
- Geographic expansion with 5 new communities in a growing market
- Strategic locations near downtown, employment centers, and recreational areas
- Varied price points from $290s to $330s targeting different market segments
- Diverse product offering with homes ranging from 1,172 to 2,112 square feet
Negative
- Limited inventory with only 12 homesites in Petticoat Junction and 9 in Sycamore Court
- Higher entry prices compared to previous years due to market conditions
News Market Reaction – LGIH
In the trading session that priced this news, LGIH declined 1.67%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
WINSTON-SALEM, N.C., May 21, 2025 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) is excited to announce its continued growth in the Triad region with the addition of five communities near Winston-Salem, North Carolina. This expansion includes the recent openings of Applewood, Petticoat Junction, and Sycamore Court, along with two upcoming communities: Cider Hill and Robindale.
Located in King, northwest of downtown Winston-Salem, Applewood offers small-town charm with easy access to outdoor recreation. The community is ideally positioned off US-52, just minutes from the scenic beauty of Pilot Mountain State Park. At full build-out, Applewood will include 126 homesites. Buyers can choose from one- and two-story floor plans ranging from 1,172 to 2,112 square feet with three to four bedrooms and two to two-and-a-half bathrooms. Homes at Applewood are priced from the
Directly south of downtown, Petticoat Junction offers affordable homeownership close to the city’s core. Petticoat Junction is conveniently located just four miles from the downtown area making job centers, restaurants, and shopping just minutes away. This intimate community features a limited release of only 12 homesites with one- and two-story floor plans ranging from 1,388 to 1,800 square feet. Homes include three to four bedrooms and two to two-and-a-half bathrooms, with prices starting from the
Sycamore Court, just southwest of downtown, features upgraded homes in a quiet, suburban setting near schools, parks, and major employers. Homebuyers can choose from one- and two-story floor plans with three to four bedrooms and two to two-and-a-half bathrooms, ranging from 1,548 to 1,800 square feet. With prices starting in the
Later this year, LGI Homes will debut two more communities in the Winston-Salem area: Robindale, located in the city’s east side, and Cider Hill, in the growing southwest corridor. Both communities will feature exceptional value, including spacious floor plans, modern upgrades at no extra cost, and LGI’s simplified, customer-focused homebuying experience - perfect for families and first-time buyers.
Winston-Salem continues to attract homebuyers seeking a family-friendly lifestyle in a city full of opportunity and adventure. With a vibrant downtown, a growing job market, and a welcoming community, residents enjoy a high quality of life. From historic museums to beautiful parks and trails, Winston-Salem offers the perfect place for all interests.
“Our expansion in Winston-Salem reflects our strong commitment to providing affordable, high-quality homes in desirable locations. We are excited to offer more homebuyers the opportunity to enjoy the exceptional value, streamlined buying process, and outstanding customer service that LGI Homes is known for across the country. With these new communities, we look forward to welcoming even more families to the LGI Homes family and contributing to the vibrant growth of the Winston-Salem area," stated Scott Sterling, Division President at LGI Homes.
To learn more or schedule a tour, interested buyers are encouraged to call:
- Applewood – (888) 414-7557 ext. 375
- Petticoat Junction or Sycamore Court – (866) 738-4702 ext. 375
About LGI Homes
Headquartered in The Woodlands, Texas, LGI Homes, Inc. is a pioneer in the homebuilding industry, successfully applying an innovative and systematic approach to the design, construction and sale of homes across 36 markets in 21 states. As one of America’s fastest growing companies, LGI Homes has closed over 75,000 homes since its founding in 2003 and has delivered profitable financial results every year. Nationally recognized for its quality construction and exceptional customer service, LGI Homes was named to Newsweek’s list of the World’s Most Trustworthy Companies. LGI Homes’ commitment to excellence extends to its more than 1,000 employees, earning the Company numerous workplace awards at the local, state, and national level, including the Top Workplaces USA 2025 Award. For more information about LGI Homes and its unique operating model focused on making the dream of homeownership a reality for families across the nation, please visit the Company’s website at www.lgihomes.com.
MEDIA CONTACT:
Rachel Eaton
(281) 362-8998 ext. 2560
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/ecdbc2ad-62b6-4f52-a5c6-497b8ff1f777
