CoStar Closes $800 Million Cash Acquisition of New-Home Platform Zonda
CoStar Group completed its $800 million cash acquisition of Zonda, a new-home data and software platform that generated $170 million revenue in 2025, on August 21, 2026.
CoStar Group closed its $800 million cash acquisition of Zonda, a new-home construction data, homebuilder software, and residential marketplace platform, on August 21, 2026 [1]. The deal, first announced in May, gives Arlington, Virginia-based CoStar a foothold in the $400 billion annual U.S. new-home sales market through Zonda's proprietary lot-level data tracking communities, land development, and builder operations [1].
Zonda generated approximately $170 million in revenue in 2025 at a 23 percent adjusted EBITDA margin, adding a scaled and profitable subscription business to CoStar's portfolio [2]. The Washington, D.C.-based platform serves more than 3,000 homebuilders, developers, lenders, and suppliers with construction analytics and software [1]. Zonda president Jeff Meyers said joining CoStar provides the scale and resources to accelerate innovation and deliver greater value to housing professionals [1].
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