Hampshire County

West Virginia · Winchester, VA-WV metro area · 24,105 residents (2025 est.)

FHFA annual index 2001–2025Developmental county indexPermits through August 2026

Hampshire County (100 = first year)United States, rebased to the same startNBER recession

FHFA notes: The FHFA HPI is a broad measure of the movement of single-family house prices. The FHFA HPI is a weighted, repeat-sales index, meaning that it measures average price changes in repeat sales or refinancings on the same properties. FHFA describes its county indexes as developmental and subject to revision. The index does not give a dollar value for any home.

FHFA's index for Hampshire County, West Virginia, starts in 2001 and stood at 241 in 2025, +140.7% above its base of 100.

Over the ten years to 2025 the index rose +65.8% (+5.2% a year), above West Virginia at +54.1% and well below the national +85.0%. The Winchester, VA-WV area rose +82.4%. The latest one-year change is +7.5%.

After a 2007 peak the index fell −18.4% to 2012 and regained the peak in 2021.

Builders were authorised for 153 housing units in the county in the 12 months to August 2026 (+33.0% on the previous 12 months), 6.3 units per 1,000 residents; 100% were single-family houses. Since 1995 the county has authorised 3,325 units, most in 2006.

+7.5%1 year, 2024–2025West Virginia +4.1%

+50.8%5 yearsUS +47.0%

+65.8%10 years+5.2% a year annualised

—since 2000US +158.3%

153units permitted, 12 months6.3 per 1,000 residents

Same span, four levels

Change in the FHFA index	Hampshire County	Winchester area	West Virginia	United States
1 year (2024–2025)	+7.5%	+5.1%	+4.1%	+2.8%
5 years (2020–2025)	+50.8%	+52.6%	+40.0%	+47.0%
10 years (2015–2025)	+65.8%	+82.4%	+54.1%	+85.0%
20 years (2005–2025)	+62.2%	+48.7%	+61.3%	+79.1%
Since 2000	—	+181.3%	+101.8%	+158.3%
Since 2001	+140.7%	+162.0%	+94.5%	+142.0%
10-year annualised	+5.2%	+6.2%	+4.4%	+6.3%
20-year annualised	+2.4%	+2.0%	+2.4%	+3.0%

All columns are FHFA annual all-transactions indexes over the same years.

Decade by decade

Decade	Change		United States
2010s (2010–2020)	+11.9%		+35.5%
2020s so far (2020–2025)	+50.8%		+47.0%

FHFA reports each index with a value of 100 in its base period, the first year the area has enough transactions (2001 here). A decade's change is the index at the end of the decade divided by the index at the start, so it does not depend on the base year; the United States column covers the same years. Decades before 2001 are not shown.

Peak-to-low declines

Peak	Low	Decline	Peak regained
2007	2012	−18.4%	2021

Building permits

Housing units authorised by building permits in Hampshire County, by month over the latest five years and by year since 1995.

Housing units authorised in Hampshire County by month, latest 12 monthssingle-family2+ unit buildings

Housing units authorised in Hampshire County by month, latest 60 monthssingle-family2+ unit buildings

Housing units authorised in Hampshire County by year, 1995–2025single-family2+ unit buildings

Permits, 12 months to August 2026	Hampshire County	West Virginia	United States
Housing units authorised	153	3,981	1,418,086
Units per 1,000 residents	6.3	2.3	4.1
Single-family share	100%	88%	63%
Change on previous 12 months	+33.0%	+1.8%	−0.1%
Units authorised since 1995	3,325	114,252	43,082,761

Population is the Census Bureau's vintage 2025 estimate. Permits authorise construction; they are not completions.

Cities and permit-issuing places in Hampshire County

Housing units authorised in the 12 months to August 2026; places with at least 12 units in the year, or in the year before.

Place	Units, 12 months	Per 1,000 residents	Single-family
Hampshire County Unincorporated Area	151	—	100%

Questions and answers

How much have home values in Hampshire County risen over 10 years?

The FHFA index for Hampshire County rose +65.8% from 2015 to 2025, about +5.2% a year. Over 20 years: +62.2%; since 2000: —.

How does Hampshire County compare with West Virginia and the United States?

Over the ten years to 2025: Hampshire County +65.8%, West Virginia +54.1%, United States +85.0%, Winchester, VA-WV +82.4%.

What happened to Hampshire County prices in 2008?

The index peaked in 2007 and fell −18.4% to 2012; it passed the peak again in 2021. The state index fell −7.8% over 2007–2012.

How many homes are being built in Hampshire County?

153 housing units were authorised by building permits in the 12 months to August 2026 (153 single-family, 0 in buildings of five or more units), or 6.3 per 1,000 residents against 2.3 for West Virginia.

Where does this data come from?

The index is FHFA's annual county house price index (all-transactions, developmental), last updated March 31, 2026, with values through 2025. Permits are from the Census Bureau Building Permits Survey through August 2026; population is the Census Bureau's vintage 2025 estimate.

Provenance

Index: Federal Housing Finance Agency, annual house price index for counties (all-transactions, developmental), last updated March 31, 2026, values 2001–2025; metro, state and national comparisons from FHFA's annual indexes in the same release. Permits: Census Bureau Building Permits Survey, county and place files, through August 2026. Population: Census Bureau vintage 2025 estimates. ZIP assignment: 2020 ZCTA-to-county relationship file. Public domain throughout. Corrections · FHFA HPI datasets · Building Permits Survey.