The socialist built heritage (SBH) is a product of the great and typical socialist construction and is considered to be one of the unique contemporary legacies. However, due to political controversy and a shorter history, its conservation status is dire. In order to better understand and promote future conservation, this study explored the typology and evolution of SBH, using representative socialist China as an example. Based on the official People’s Daily, the spatial term database of various socialist construction fields was generated by utilizing Python and Excel software. Through qualitative logical induction and quantitative word frequency statistics, the basic types and evolutionary characteristics of SBH were obtained. It was found that (1) the composite, multiscale, and extensive SBH were identified as twenty-six basic types. It was most widespread in the industry and agroforestry fields, while factories and facilities, collective organization buildings, government agencies, and assembly buildings were the most common basic types. (2) Related to social development, the fastest growth stage for SBH was from 1953 to 1960 and vice versa from 1966 to 1975. The evolution of SBH in technology field shifted from a non-significant increase to a sudden increase, while those in the finance and trade, and diplomacy fields fluctuated. The remaining fields were marked by large fluctuations to smoothness. The nature of SBH has become more modernized over time. These results further illustrated the distinctive value of the SBH, and can provide positive targeted support for their conservation.