M/I HOMES, INC.

Overview

M/I Homes, Inc. is a U.S. homebuilding company that designs, markets, constructs, and sells single-family homes and attached townhomes to buyers ranging from first-time purchasers to luxury buyers. Homebuilding accounted for 97% of its 2025 consolidated revenue; the company also provides mortgage and title services, primarily to its homebuyers.[1][2]

The company operates in 17 markets across Ohio, Indiana, Illinois, Minnesota, Michigan, Florida, North Carolina, Texas, and Tennessee, organized into Northern and Southern homebuilding regions. It also has a Financial Services segment.[3][4] M/I Homes traces its origins to Columbus, Ohio, in 1976. Its stated guiding priority is “building a quality home and treating our customers right.” [5][6]

M/I Homes reported FY2025 revenue of approximately $4.4 billion.[4] At year-end 2025, it had 293 company-employed home sales consultants; this figure is not a total employee count.[7] Its disclosed operating markets are in the United States.[3] [1]+6

Products & services

M/I Homes’ residential products include detached single-family homes and attached townhomes for first-time, move-up, empty-nester, and luxury buyers. In 2025, reported base prices ranged from approximately $190,000 to $1.25 million, and the average delivered-home price was $479,000. Product plans and options vary by community.[8]

Specific offerings include the Smart Series, with an example in Minnesota featuring 3–5 bedrooms, approximately 2,000–2,800 square feet, flexible layouts, and curated interior design packages.[9] Some communities offer TechConnect smart-home packages, which can include an app and touchscreen hub, HD doorbell camera, smart lock, thermostat and light switches, Wi‑Fi equipment, and voice-integrated audio.[10] M/I also describes Whole Home Building Standards focused on energy efficiency and construction quality, and estimates that qualifying homes may save buyers up to 30% in energy costs compared with homes built to minimum code.[11]

Associated offerings include Design Studios and an Online Design Center for choosing home options, Ready Now Homes available for closing in 90 days or less, and mortgage financing through M/I Financial, including fixed- and adjustable-rate loans. The company also offers transferable limited and structural warranties, including a 10-year transferable structural warranty for homes sold after December 31, 2021.[12]+2

Homebuilding generated 97% of consolidated revenue in 2025; that segment also includes revenue from land and lot sales. M/I reported 8,921 home deliveries that year, but did not disclose a revenue or delivery percentage split between detached homes and townhomes.[8] [8]+6

Geographic presence

M/I Homes operates in 17 markets across 10 states, grouped into Northern and Southern regions. Its Northern markets are Columbus and Cincinnati, Ohio; Indianapolis, Indiana; Chicago, Illinois; Minneapolis/St. Paul, Minnesota; and Detroit, Michigan. Its Southern markets are Tampa, Orlando, Sarasota, and Fort Myers/Naples, Florida; Charlotte and Raleigh, North Carolina; Houston, San Antonio, Austin, and Dallas/Fort Worth, Texas; and Nashville, Tennessee.[5]

For the six months ended June 30, 2026, homebuilding revenue was $829.5 million in the Northern region and $1,090.9 million in the Southern region—approximately 43% and 57%, respectively, of their combined total.[15] The company’s principal executive offices and headquarters are at 4131 Worth Avenue, Suite 500, Columbus, Ohio 43219.[16] [5]+2

Business segments

M/I Homes reports three operating segments: Northern homebuilding, Southern homebuilding, and financial services operations. Northern homebuilding and Southern homebuilding comprise the company’s homebuilding activity, including construction and sale of single-family attached and detached homes, land acquisition and development, and occasional lot sales. In 2025, Northern homebuilding generated $1.890 billion, approximately 42.8% of consolidated revenue; Southern homebuilding generated $2.402 billion, approximately 54.4%.[17]+2

Northern homebuilding includes divisions serving markets in Ohio, Indiana, Illinois, Minnesota, and Michigan. Southern homebuilding includes divisions in Florida, North Carolina, Texas, and Tennessee. These are markets within the two aggregated homebuilding segments, not separately reported segments.[5][17]

Financial services operations primarily originate, sell and service mortgage loans and provide title services, mainly for purchasers of M/I homes. The segment generated $125.5 million, approximately 2.8% of consolidated revenue in 2025. Corporate is disclosed as a non-operating segment that provides centralized administrative support.[18][4] [17]+4

Company history

M/I Homes was founded in Columbus, Ohio, in 1976 by Melvin and Irving Schottenstein. The company says it became Central Ohio’s leading homebuilder in 1979, and its early expansion included Tampa in 1981, Orlando in 1984, Charlotte in 1985, Raleigh in 1986, and Cincinnati and Indianapolis in 1988.[19][5]

The company had become publicly traded by 1993. Robert H. Schottenstein became president in 1996, CEO in January 2004, and chairman in March 2004. M/I later expanded into additional markets, including Chicago in 2007 and Texas markets beginning in 2010. In 2015, it acquired Hans Hagen Homes’ homebuilding operations, entering the Minneapolis–St. Paul market; subsequent market additions included Sarasota, Detroit, Nashville, and Fort Myers–Naples.[19]+4 [5]+4

Sources

• M/I HOMES, INC. — Full financial report (2025 Y)
  9 citations

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• www.mihomes.com[6]
• www.sec.gov[8]
• www.mihomes.com[9]
• www.mihomes.com[10]
• www.mihomes.com[11]
• www.mihomes.com[12]
• www.mihomes.com[13]
• www.mihomes.com[14]
• M/I HOMES, INC. — Full financial report (2026 Q 2)[15]
• www.mihomes.com[19]
• investors.mihomes.com[20]
• www.sec.gov[21]
• investors.mihomes.com[22]