Home Value Trail

States › Virginia › 1997

State, one year

Virginia in 1997

Index change and building permits for the year, with every county.

In 1997 the FHFA house price index for Virginia changed +2.1%, against +3.8% for the United States and +1.8% in 1996.

45,523 housing units were authorised by building permits in the state that year (35,877 single-family), −0.9% on 1996; the national total was 1,441,136.

+2.1%Virginia index, 1996–1997US +3.8%
45,523housing units permitted in 199735,877 single-family
93 of 102counties with a rising indexmedian county +2.3%
1,441,136units permitted nationally in 1997
← 1996Virginia overview1998 →

Counties in 1997

Ranked by the county index change from 1996 to 1997 (FHFA annual county index). Permits are units authorised in 1997; per 1,000 uses the vintage 2025 population.

CountyIndex change 1997Units permittedSingle-familyPer 1,000
Galax city+14.5%20203.0
Giles County+11.6%50503.0
Northampton County+10.4%61615.1
Rappahannock County+8.0%43435.8
Rockbridge County+8.0%1441446.4
Emporia city+7.9%881.5
Alleghany County+7.7%31312.1
Waynesboro city+7.6%69692.9
Montgomery County+7.3%3593593.6
Clarke County+6.7%74744.7
Wise County+6.5%46461.3
King William County+6.4%1041045.3
Prince Edward County+6.3%61612.7
Bristol city+6.3%52523.2
Petersburg city+6.2%30300.9
Lexington city+6.0%20202.6
Danville city+5.9%41411.0
Nelson County+5.5%1271278.5
Goochland County+5.3%1981986.8
Charlottesville city+5.3%11110.2
Accomack County+5.0%1461464.3
Suffolk city+5.0%6836836.5
Buena Vista city+4.9%15152.2
Amelia County+4.8%97977.1
Salem city+4.8%82823.2
Richmond city+4.5%1341340.6
Caroline County+4.4%1211213.5
Greensville County+4.2%20201.8
Pulaski County+4.2%98982.9
Madison County+4.1%86866.0
Pittsylvania County+3.9%2672674.5
Page County+3.8%1061064.5
Hanover County+3.7%9969968.6
Isle of Wight County+3.6%2422425.9
Smyth County+3.5%64642.2
Shenandoah County+3.4%1971974.3
Hopewell city+3.4%30301.3
Roanoke County+3.2%4184184.3
Wythe County+3.2%1231234.4
Roanoke city+3.2%66660.7
Frederick County+3.1%4754754.8
Virginia Beach city+3.0%1,2231,2232.7
Staunton city+2.9%51511.9
Radford city+2.8%18181.0
Campbell County+2.7%2192193.9
Lynchburg city+2.7%1431431.8
Chesapeake city+2.6%1,3601,3605.3
Falls Church city+2.5%330.2
Washington County+2.4%2432434.5
Fredericksburg city+2.4%18180.6
Louisa County+2.3%2572576.0
York County+2.3%4284286.0
Poquoson city+2.3%42423.2
Albemarle County+2.2%5205204.4
Henrico County+2.2%1,7551,7555.1
Colonial Heights city+2.2%51512.7
Winchester city+2.2%84843.0
Portsmouth city+2.1%2132132.2
Chesterfield County+2.0%1,5661,5663.9
Franklin County+1.9%3273275.9
Gloucester County+1.9%1881884.7
Henry County+1.9%1281282.6
Halifax County+1.8%92922.8
Martinsville city+1.8%31312.2
Bedford County+1.7%4944945.9
Manassas city+1.7%59591.3
Prince George County+1.6%1761764.0
Culpeper County+1.5%2842844.9
Rockingham County+1.4%3383383.8
Harrisonburg city+1.4%1651653.2
Augusta County+1.3%3653654.6
Orange County+1.3%1861864.6
Williamsburg city+1.3%36362.3
Dinwiddie County+1.2%1621625.6
King George County+1.2%1311314.4
Powhatan County+1.2%2942949.0
Hampton city+1.2%2442441.8
Newport News city+1.2%4034032.2
James City County+1.0%5485486.6
Prince William County+1.0%2,2592,2594.5
Fauquier County+0.9%3603604.7
Stafford County+0.8%9849845.8
Mecklenburg County+0.7%1441444.7
Fairfax County+0.6%4,5864,5863.9
Spotsylvania County+0.6%1,1171,1177.2
Arlington County+0.5%57570.2
Warren County+0.5%1651653.9
Norfolk city+0.5%1841840.8
Loudoun County+0.4%3,2643,2647.3
New Kent County+0.4%1501505.4
Alexandria city+0.4%6676674.2
Fairfax city+0.3%69692.6
Manassas Park city+0.1%95955.7
Tazewell County−0.1%85852.2
Southampton County−0.5%53532.9
Fluvanna County−0.7%29529510.2
Greene County−1.3%1811818.2
Amherst County−1.4%1791795.6
Brunswick County−1.9%57573.6
Franklin city−1.9%11111.3
Westmoreland County−2.6%57572.9
Botetourt County−3.5%2202206.4
Appomattox County—58583.4
Bath County—474711.5
Bland County—31315.0
Buchanan County—25251.4
Buckingham County—51513.0
Carroll County—1241244.2
Charles City County—46466.9
Charlotte County—83837.3
Craig County—43439.0
Cumberland County—80807.7
Essex County—43434.0
Floyd County—62623.9
Grayson County—1301308.5
King and Queen County—27274.0
Lancaster County—66666.0
Lunenburg County—19191.6
Mathews County—39394.6
Middlesex County—83837.7
Northumberland County—1161169.2
Nottoway County—62623.9
Patrick County—89895.1
Richmond County—35353.8
Russell County—82823.2
Scott County—80803.8
Surry County—48487.3
Sussex County—12121.1
Covington city—550.9

Permits by year, 1995–2025

Housing units authorised in Virginia by year050,000100,0001995: 43,129 units (34,677 single-family, 8,452 in multi-unit buildings)19951996: 45,919 units (35,163 single-family, 10,756 in multi-unit buildings)1997: 45,523 units (35,877 single-family, 9,646 in multi-unit buildings)1998: 50,204 units (39,967 single-family, 10,237 in multi-unit buildings)1999: 53,151 units (42,069 single-family, 11,082 in multi-unit buildings)2000: 48,402 units (39,756 single-family, 8,646 in multi-unit buildings)20002001: 52,860 units (41,681 single-family, 11,179 in multi-unit buildings)2002: 59,445 units (45,711 single-family, 13,734 in multi-unit buildings)2003: 55,936 units (46,263 single-family, 9,673 in multi-unit buildings)2004: 63,220 units (48,990 single-family, 14,230 in multi-unit buildings)2005: 61,518 units (49,959 single-family, 11,559 in multi-unit buildings)20052006: 47,704 units (38,977 single-family, 8,727 in multi-unit buildings)2007: 38,362 units (30,944 single-family, 7,418 in multi-unit buildings)2008: 27,577 units (19,939 single-family, 7,638 in multi-unit buildings)2009: 21,452 units (16,268 single-family, 5,184 in multi-unit buildings)2010: 20,992 units (16,149 single-family, 4,843 in multi-unit buildings)20102011: 23,297 units (15,625 single-family, 7,672 in multi-unit buildings)2012: 27,278 units (17,496 single-family, 9,782 in multi-unit buildings)2013: 31,944 units (20,895 single-family, 11,049 in multi-unit buildings)2014: 28,682 units (18,834 single-family, 9,848 in multi-unit buildings)2015: 28,469 units (19,865 single-family, 8,604 in multi-unit buildings)20152016: 31,132 units (21,614 single-family, 9,518 in multi-unit buildings)2017: 33,760 units (22,497 single-family, 11,263 in multi-unit buildings)2018: 31,977 units (21,427 single-family, 10,550 in multi-unit buildings)2019: 32,418 units (21,056 single-family, 11,362 in multi-unit buildings)2020: 33,813 units (24,238 single-family, 9,575 in multi-unit buildings)20202021: 39,388 units (25,118 single-family, 14,270 in multi-unit buildings)2022: 39,701 units (21,130 single-family, 18,571 in multi-unit buildings)2023: 36,096 units (21,321 single-family, 14,775 in multi-unit buildings)2024: 34,059 units (22,796 single-family, 11,263 in multi-unit buildings)2025: 33,094 units (20,458 single-family, 12,636 in multi-unit buildings)2025

Housing units authorised in Virginia by yearsingle-family2+ unit buildings

Source: Federal Housing Finance Agency annual state and county house price indexes (updated March 31, 2026); Census Bureau Building Permits Survey annual state and county files. Public domain. Methodology.