NAICS 531: Real Estate
Subsector
Code facts
- Part of
-
- 53
- Codes under it
- 3
- Contract awards
- 1,351 In the last 12 months
- Contract obligations
- $495,216,858 In FY2025
NAICS codes and definitions come from the U.S. Census Bureau and contract spending from SAM.gov/FPDS.
Contract obligations by fiscal year
| Fiscal year | Obligated |
|---|---|
| FY2027 To date | -$136,484 |
| FY2026 | $510,700,615 |
| FY2025 | $495,216,858 |
| FY2024 | $766,269,017 |
| FY2023 | $457,764,137 |
Top contractors by obligations
| Rank | Contractor | Obligated, FY2026–FY2027 | Share |
|---|---|---|---|
| 1 | Dawson's Realty & Mortgages, Inc. | $66,409,258 | |
| 2 | Information Systems & Networks Corporation | $61,381,263 | |
| 3 | 24 Asset Management Corp | $55,228,515 | |
| 4 | J G M Property Group, Inc. | $43,323,189 | |
| 5 | Lima Charlie, Inc. | $29,547,833 | |
| 6 | Franconia Real Estate Services, Inc. | $20,650,363 | |
| 7 | N.s.p. Ventures Corp. | $18,637,842 | |
| 8 | Leumas Residential LLC | $13,154,760 | |
| 9 | A Team Realty Inc. | $12,414,685 | |
| 10 | Parliament LLC | $11,987,688 |
See the full FY2025 ranking of NAICS 531 contractors, by parent company.
Top funding agencies by obligations
| Rank | Agency | Obligated, FY2026–FY2027 | Share |
|---|---|---|---|
| 1 | Department of Housing and Urban Development | $146,654,374 | |
| 2 | Department of Agriculture | $140,441,991 | |
| 3 | Department of Homeland Security | $88,787,078 | |
| 4 | Department of the Navy | $44,747,984 | |
| 5 | Department of the Treasury | $22,340,342 | |
| 6 | Department of the Army | $17,335,117 | |
| 7 | Department of Justice | $13,408,252 | |
| 8 | Corporation for National and Community Service | $9,436,146 | |
| 9 | Air Force | $7,744,949 | |
| 10 | National Aeronautics and Space Administration | $7,661,388 |
Top PSC codes by obligations
| Rank | PSC code | Obligated, FY2026–FY2027 | Share |
|---|---|---|---|
| 1 | R499 Other Professional Services | $128,389,087 | |
| 2 | Z1FZ Maintenance of Other Residential Buildings | $104,024,061 | |
| 3 |
X1FA Lease/ |
$38,158,289 | |
| 4 |
X1AA Lease/ |
$32,124,447 | |
| 5 | R411 Real Property Appraisals Services (SIC 6531) | $23,356,371 | |
| 6 |
V231 Lodging – Hotel/ |
$21,536,653 | |
| 7 | R402 Real Estate Brokerage Services | $20,393,840 | |
| 8 | W099 Lease or Rental of Equipment: Miscellaneous | $17,063,932 | |
| 9 | R799 Other Management Support Services | $16,217,884 | |
| 10 | V301 Relocation Services | $14,927,833 |
Contract obligations by state
| Rank | Place of performance | Obligated, last 12 months | Share |
|---|---|---|---|
| 1 | Georgia | $81,612,673 | |
| 2 | Maryland | $69,299,180 | |
| 3 | Florida | $63,622,369 | |
| 4 | Hawaii | $51,218,732 | |
| 5 | Michigan | $44,376,274 | |
| 6 | California | $39,511,633 | |
| 7 | District of Columbia | $32,013,129 | |
| 8 | Virginia | $30,982,516 | |
| 9 | Texas | $19,583,707 | |
| 10 | Colorado | $13,019,852 | |
| 11 | Utah | $9,494,000 | |
| 12 | Oregon | $6,544,251 | |
| 13 | Kansas | $5,966,748 | |
| 14 | Arkansas | $4,427,058 | |
| 15 | New Mexico | $3,775,046 | |
| 16 | Louisiana | $3,061,366 | |
| 17 | Washington | $3,052,358 | |
| 18 | New York | $2,798,689 | |
| 19 | Iowa | $2,747,787 | |
| 20 | New Hampshire | $2,434,159 | |
| 21 | New Jersey | $1,904,625 | |
| 22 | Montana | $1,800,188 | |
| 23 | Minnesota | $1,661,233 | |
| 24 | Illinois | $1,507,871 | |
| 25 | Missouri | $1,497,829 | |
| 26 | Arizona | $1,450,588 | |
| 27 | Nevada | $1,187,946 | |
| 28 | Pennsylvania | $1,151,490 | |
| 29 | Alabama | $1,130,885 | |
| 30 | Massachusetts | $1,084,114 | |
| 31 | Wyoming | $1,055,386 | |
| 32 | Idaho | $1,044,240 | |
| 33 | Tennessee | $1,025,010 | |
| 34 | Mississippi | $927,906 | |
| 35 | Kentucky | $844,632 | |
| 36 | Ohio | $516,760 | |
| 37 | Indiana | $501,832 | |
| 38 | West Virginia | $450,615 | |
| 39 | South Carolina | $427,749 | |
| 40 | Guam | $425,859 | |
| 41 | North Dakota | $349,686 | |
| 42 | Puerto Rico | $348,037 | |
| 43 | South Dakota | $182,605 | |
| 44 | Delaware | $163,492 | |
| 45 | Rhode Island | $153,205 | |
| 46 | Connecticut | $135,922 | |
| 47 | Nebraska | $76,400 | |
| 48 | Northern Mariana Islands | $12,300 | |
| 49 | Maine | $1,025 | |
| 50 | Vermont | $1,011 |
Show all 50
Shares are of everything obligated under NAICS 531 in the last 12 months before deobligations, including work performed abroad or with no place of performance on record.
Contract opportunities
Show 40 more
Latest 50 of 49,757 listed here. See the rest on GovTribe.
Codes under 531
Definition
Industries in the Real Estate subsector group establishments primarily engaged in renting or leasing real estate to others; managing real estate for others; selling, buying, or renting real estate for others; and providing other real estate related services, such as appraisal services. This subsector includes equity real estate investment trusts (REITs) primarily engaged in leasing buildings, dwellings, or other real estate property to others. Mortgage REITs are classified in Subsector 525, Funds, Trusts, and Other Financial Vehicles.
Establishments primarily engaged in subdividing and developing unimproved real estate and constructing buildings for sale are classified in Subsector 236, Construction of Buildings. Establishments primarily engaged in subdividing and improving raw land for subsequent sale to builders are classified in Subsector 237, Heavy and Civil Engineering Construction.
Quick answers
What is NAICS 531?
NAICS 531 is Real Estate, a subsector in NAICS 53, Real Estate and Rental and Leasing.
What codes are under NAICS 531?
NAICS 531 has 3 codes under it with their own GovTribe pages: 5311 Lessors of Real Estate, 5312 Offices of Real Estate Agents and Brokers and 5313 Activities Related to Real Estate.
How much do federal agencies spend under NAICS 531?
Federal contracts under NAICS 531 obligated $495,216,858 in fiscal year 2025 and $2,229,814,143 in fiscal years 2023 through 2027.
Who are the largest contractors under NAICS 531?
The contractors with the most obligated under NAICS 531 in fiscal years 2026 and 2027 are Dawson's Realty & Mortgages, Inc. ($66,409,258); Information Systems & Networks Corporation ($61,381,263); and 24 Asset Management Corp ($55,228,515).
Which agencies buy the most under NAICS 531?
The agencies that obligated the most under NAICS 531 in fiscal years 2026 and 2027 are Department of Housing and Urban Development ($146,654,374), Department of Agriculture ($140,441,991) and Department of Homeland Security ($88,787,078).
Which PSC codes are used with NAICS 531?
The PSC codes with the most obligated under NAICS 531 in fiscal years 2026 and 2027 are R499 Other Professional Services, Z1FZ Maintenance of Other Residential Buildings and X1FA Lease/
Where is the work under NAICS 531 performed?
By place of performance, the states with the most contract obligations under NAICS 531 over the last 12 months are Georgia ($81,612,673), Maryland ($69,299,180) and Florida ($63,622,369).
What is the latest contract opportunity under NAICS 531?
The latest contract opportunity under NAICS 531 is General Services Administration (GSA) seeks to lease office space in Durango, CO, pre-solicitation from Central Office (PBS), posted October 23, 2026.
On GovTribe
See everything under NAICS 531
- Federal contract opportunities, awards and IDVs under this code
- Funding analysis by contractor, agency and set-aside
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