<SEC-DOCUMENT>0001225208-17-011332.txt : 20170614
<SEC-HEADER>0001225208-17-011332.hdr.sgml : 20170614
<ACCEPTANCE-DATETIME>20170614172201
ACCESSION NUMBER:		0001225208-17-011332
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20170612
FILED AS OF DATE:		20170614
DATE AS OF CHANGE:		20170614

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			HOVNANIAN ENTERPRISES INC
		CENTRAL INDEX KEY:			0000357294
		STANDARD INDUSTRIAL CLASSIFICATION:	OPERATIVE BUILDERS [1531]
		IRS NUMBER:				221851059
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1031

	BUSINESS ADDRESS:	
		STREET 1:		110 WEST FRONT STREET
		STREET 2:		PO BOX 500
		CITY:			RED BANK
		STATE:			NJ
		ZIP:			07701
		BUSINESS PHONE:		7327477800

	MAIL ADDRESS:	
		STREET 1:		110 WEST FRONT STREET PO BOX 500
		STREET 2:		110 WEST FRONT STREET  PO BOX 500
		CITY:			RED BANK
		STATE:			NJ
		ZIP:			07701

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			SORSBY J LARRY
		CENTRAL INDEX KEY:			0001211054

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-08551
		FILM NUMBER:		17911904

	MAIL ADDRESS:	
		STREET 1:		10 HIGHWAY 35
		STREET 2:		P O BOX 500
		CITY:			RED BANK
		STATE:			NJ
		ZIP:			07701
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
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<TEXT>
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    <periodOfReport>2017-06-12</periodOfReport>

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        <issuerCik>0000357294</issuerCik>
        <issuerName>HOVNANIAN ENTERPRISES INC</issuerName>
        <issuerTradingSymbol>HOV</issuerTradingSymbol>
    </issuer>

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            <rptOwnerCik>0001211054</rptOwnerCik>
            <rptOwnerName>SORSBY J LARRY</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>110 WEST FRONT STREET</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>RED BANK</rptOwnerCity>
            <rptOwnerState>NJ</rptOwnerState>
            <rptOwnerZipCode>07701</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>1</isOfficer>
            <officerTitle>Exec. VP and CFO</officerTitle>
        </reportingOwnerRelationship>
    </reportingOwner>

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                <value>Class A Common Stock</value>
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                </transactionShares>
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        <nonDerivativeTransaction>
            <securityTitle>
                <value>Class A Common Stock</value>
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            <transactionDate>
                <value>2017-06-13</value>
            </transactionDate>
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                <transactionCode>F</transactionCode>
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            <transactionAmounts>
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                <transactionPricePerShare>
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    <derivativeTable>
        <derivativeTransaction>
            <securityTitle>
                <value>Market Share Units</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <footnoteId id="F4"/>
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            <transactionDate>
                <value>2017-06-12</value>
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                <equitySwapInvolved>0</equitySwapInvolved>
                <footnoteId id="F1"/>
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                    <value>15000.0000</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0.0000</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <exerciseDate>
                <footnoteId id="F5"/>
            </exerciseDate>
            <expirationDate>
                <value>2020-06-12</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Class A Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>15000.0000</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
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                </sharesOwnedFollowingTransaction>
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                    <value>D</value>
                </directOrIndirectOwnership>
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        </derivativeTransaction>
        <derivativeTransaction>
            <securityTitle>
                <value>Market Share Units</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <footnoteId id="F4"/>
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            <transactionDate>
                <value>2017-06-13</value>
            </transactionDate>
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                <transactionFormType>4</transactionFormType>
                <transactionCode>M</transactionCode>
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                <footnoteId id="F3"/>
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            <transactionAmounts>
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                    <value>15000.0000</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0.0000</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
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            <underlyingSecurity>
                <underlyingSecurityTitle>
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                </underlyingSecurityTitle>
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                </underlyingSecurityShares>
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                <sharesOwnedFollowingTransaction>
                    <value>30000.0000</value>
                    <footnoteId id="F7"/>
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                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
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        <derivativeTransaction>
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                <value>Market Share Units</value>
            </securityTitle>
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                <value>2017-06-13</value>
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                <transactionCode>M</transactionCode>
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                <footnoteId id="F2"/>
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            <transactionAmounts>
                <transactionShares>
                    <value>15000.0000</value>
                </transactionShares>
                <transactionPricePerShare>
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                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
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            <exerciseDate>
                <footnoteId id="F8"/>
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            <expirationDate>
                <value>2019-06-13</value>
            </expirationDate>
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                <underlyingSecurityTitle>
                    <value>Class A Common Stock</value>
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                    <value>30000.0000</value>
                    <footnoteId id="F7"/>
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                <directOrIndirectOwnership>
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                </directOrIndirectOwnership>
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        </derivativeTransaction>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">On June 12, 2017, 15,000 Market Share Units vested and converted into 11,168 shares of Class A Common Stock, par value $.01 per share, non-cumulative (&quot;Class A Common Stock&quot;), pursuant to the terms of the award granted on June 12, 2015</footnote>
        <footnote id="F2">On June 13, 2017, 15,000 Market Share Units vested and converted into 7,782 shares of Class A Common Stock pursuant to the terms of the award granted on June 13, 2014</footnote>
        <footnote id="F3">On June 13, 2017, 15,000 Market Share Units vested and converted into 7,782 shares of Class A Common Stock pursuant to the terms of the award granted on June 13, 2014 that was subject to additional financial performance criteria that was determined to have been satisfied on December 15, 2016</footnote>
        <footnote id="F4">Converts to Class A Common Stock on a one-for-one basis</footnote>
        <footnote id="F5">The Market Share Units vest, if at all and to the extent of specified market performance of the Class A Common Stock over each relevant vesting period, in four equal installments beginning on June 12, 2017</footnote>
        <footnote id="F6">The Market Share Units vest, if at all and to the extent of specified market performance of the Class A Common Stock over each relevant vesting period, in four equal installments  on the following vesting dates:  January 1, 2017, June 13, 2017, June 13, 2018 and June 13, 2019</footnote>
        <footnote id="F7">This amount reflects the forfeiture of Market Share Units, without any vesting, that occurred in previous years pursuant to the terms of the award</footnote>
        <footnote id="F8">The Market Share Units vest, if at all and to the extent of specified market performance of the Class A Common Stock over each relevant vesting period, in four equal installments beginning on June 13, 2016</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>Nancy A. Marrazzo Attorney-in-Fact</signatureName>
        <signatureDate>2017-06-14</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
