Stoughton, WI… Eldon Homes, an award-winning, Wisconsin-based homebuilder, have officially announced the sale of Eldon Homes, one of the fastest growing local homebuilders in South Central Wisconsin. Founders, Keith and Tammy Anderson of Round Hill, VA, “the hometown homebuilder” will transition ownership to Rob Hostrawser and Fauna Justman, both longtime Stoughton residents and valued members of the Eldon Homes leadership team. The planned transaction will be effective October 1, 2025,
Founded in November 2021, Eldon Homes has experienced remarkable growth in just four years:
- 150 homes built across Southern Wisconsin
- $79 million in total revenue generated
- Active in 10 thriving communities: Stoughton, Evansville, Oregon, Cottage Grove, Albany, Windsor, Edgerton, Mt. Horeb, Madison, and Sun Prairie
Eldon Homes’s enormous growth has been due to its strong reputation as a locally owned and respected builder. Eldon Homes has been recognized through multiple industry and community honors:
- People’s Choice Awards – Madison Area (2023,2024,2025)
- National Quality Avid Award (2024)
- Builder Magazine – Best Emerging Homebuilder in Wisconsin (2025)
- Best Mid-Size Business – Stoughton (2023)
- Co-Best Business Manager – Stoughton Chamber Awards
Beyond its business success, Eldon Homes has proudly invested in the local community, including; 16 scholarships awarded ($2,000 each), $1 million donation to the Stoughton High School athletic field, $250,000 donation to Stoughton Hospital’s ambulatory and rehab center from its inception.
Eldon Homes has emphasized quality, value, and local partnerships, working closely with Wisconsin trades and vendors to deliver lasting homes for families.
Looking Ahead
Moving forward, Rob and Fauna are committed to maintaining the strong fundamentals that have defined Eldon Homes while guiding the company into its next phase of growth. The business currently employs 22 team members and has partnered with Bank of New Glarus & One Community Bank to provide financing solutions for both the company and its customers, including competitive mortgage and construction loan programs.
“We are excited to meet the pent-up demand that will be unleashed as interest rates decline,” said Hostrawser and Justman in a joint statement.
For Keith and Tammy Anderson, the sale marks the beginning of a well-earned retirement. “We are looking forward to this next chapter of life and spending time with our nine grandchildren,” they shared.
For more information about Eldon Homes, go to New Home Builders in Wisconsin | Stoughton & Madison Area
