Home Value Trail

States › Virginia › 1998

State, one year

Virginia in 1998

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

In 1998 the FHFA house price index for Virginia changed +2.0%, against +3.7% for the United States and +2.1% in 1997.

50,204 housing units were authorised by building permits in the state that year (39,967 single-family), +10.3% on 1997; the national total was 1,612,260.

+2.0%Virginia index, 1997–1998US +3.7%
50,204housing units permitted in 199839,967 single-family
96 of 104counties with a rising indexmedian county +3.1%
1,612,260units permitted nationally in 1998
← 1997Virginia overview1999 →

Counties in 1998

Ranked by the county index change from 1997 to 1998 (FHFA annual county index). Permits are units authorised in 1998; per 1,000 uses the vintage 2025 population.

CountyIndex change 1998Units permittedSingle-familyPer 1,000
Botetourt County+10.0%2202206.4
Charles City County+9.4%49497.4
Westmoreland County+8.5%66663.3
Pulaski County+8.4%1131133.4
Lexington city+7.4%15151.9
Washington County+6.0%2632634.9
Buena Vista city+5.8%19192.8
Gloucester County+5.4%1991995.0
Southampton County+5.3%85854.7
Manassas Park city+5.2%1481488.9
Arlington County+4.8%1171170.5
Dinwiddie County+4.8%1601605.5
Mecklenburg County+4.7%1531535.0
Augusta County+4.6%4614615.8
Louisa County+4.6%2502505.8
Campbell County+4.5%1731733.1
Goochland County+4.5%2182187.5
Greensville County+4.5%28282.5
Halifax County+4.5%75752.2
Prince George County+4.4%2242245.1
Bristol city+4.4%31311.9
Colonial Heights city+4.4%59593.1
Powhatan County+4.3%2962969.1
Shenandoah County+4.3%2232234.9
Norfolk city+4.3%1521520.7
Rockingham County+4.2%5275275.9
New Kent County+4.1%1661665.9
Tazewell County+4.1%70701.8
Poquoson city+4.1%40403.0
Radford city+4.1%22221.3
James City County+4.0%7457458.9
Alexandria city+4.0%6806804.2
Richmond city+4.0%1261260.5
Isle of Wight County+3.9%2692696.5
Roanoke County+3.9%4024024.1
Roanoke city+3.9%70700.7
Brunswick County+3.8%49493.1
Montgomery County+3.7%3993994.1
Page County+3.7%68682.9
Franklin County+3.6%3293295.9
Hopewell city+3.6%22220.9
King George County+3.5%1651655.6
Loudoun County+3.5%4,0474,0479.0
Northampton County+3.5%69695.8
Fredericksburg city+3.5%31311.0
Henrico County+3.4%2,0672,0676.0
Chesterfield County+3.3%1,7991,7994.5
York County+3.3%5085087.1
Franklin city+3.3%11111.3
Petersburg city+3.3%28280.8
Waynesboro city+3.3%60602.5
Staunton city+3.2%52521.9
Amherst County+3.1%2172176.8
Nelson County+3.1%1261268.4
Pittsylvania County+3.1%2572574.3
Stafford County+3.1%1,1691,1696.8
Wythe County+3.1%80802.9
Warren County+3.0%2242245.2
Harrisonburg city+3.0%1911913.8
Martinsville city+3.0%10100.7
Winchester city+2.9%84843.0
Lynchburg city+2.8%1501501.8
Culpeper County+2.7%2852854.9
Hanover County+2.7%1,0911,0919.4
Danville city+2.7%43431.0
Bedford County+2.6%5025026.0
Fauquier County+2.6%4264265.6
Manassas city+2.6%74741.7
Portsmouth city+2.6%2532532.6
Orange County+2.5%1961964.9
Newport News city+2.5%4244242.3
Salem city+2.5%75752.9
King William County+2.4%1261266.4
Virginia Beach city+2.4%1,4681,4683.2
Fairfax County+2.3%4,4364,4363.8
Rappahannock County+2.3%47476.3
Albemarle County+2.2%5755754.9
Spotsylvania County+2.2%1,5621,56210.1
Hampton city+2.2%2532531.8
Rockbridge County+2.1%1581587.0
Falls Church city+2.1%220.1
Chesapeake city+2.0%1,5311,5316.0
Prince William County+1.9%2,7892,7895.5
Frederick County+1.7%4854854.9
Greene County+1.6%2012019.2
Fairfax city+1.5%58582.2
Suffolk city+1.5%7597597.2
Williamsburg city+1.5%44442.8
Wise County+1.4%61611.8
Charlottesville city+1.4%37370.8
Fluvanna County+1.3%29329310.1
Henry County+0.9%1081082.2
Smyth County+0.9%62622.1
Emporia city+0.9%991.7
Alleghany County+0.3%25251.7
Lancaster County+0.3%78787.1
Giles County0.0%51513.1
Prince Edward County0.0%59592.6
Caroline County−0.2%1311313.8
Madison County−0.4%89896.3
Amelia County−0.9%1001007.3
Accomack County−1.0%1411414.2
Galax city−3.3%15152.2
Clarke County−8.0%75754.8
Appomattox County—54543.1
Bath County—454511.0
Bland County—49498.0
Buchanan County—22221.2
Buckingham County—40402.3
Carroll County—1421424.8
Charlotte County—98988.6
Craig County—30306.3
Cumberland County—76767.3
Essex County—49494.6
Floyd County—89895.6
Grayson County—1331338.7
King and Queen County—26263.9
Lunenburg County—19191.6
Mathews County—56566.6
Middlesex County—80807.4
Northumberland County—95957.6
Nottoway County—34342.2
Patrick County—64643.7
Richmond County—31313.3
Russell County—72722.8
Scott County—72723.4
Surry County—46467.0
Sussex County—16161.5
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.