Home Value Trail

States › Virginia › 2024

State, one year

Virginia in 2024

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

In 2024 the FHFA house price index for Virginia changed +6.5%, against +4.9% for the United States and +7.8% in 2023.

34,059 housing units were authorised by building permits in the state that year (22,796 single-family), −5.6% on 2023; the national total was 1,478,000.

+6.5%Virginia index, 2023–2024US +4.9%
34,059housing units permitted in 202422,796 single-family
118 of 122counties with a rising indexmedian county +6.7%
1,478,000units permitted nationally in 2024
← 2023Virginia overview2025 →

Counties in 2024

Ranked by the county index change from 2023 to 2024 (FHFA annual county index). Permits are units authorised in 2024; per 1,000 uses the vintage 2025 population.

CountyIndex change 2024Units permittedSingle-familyPer 1,000
Patrick County+20.8%28281.6
Scott County+17.4%22221.0
Williamsburg city+16.9%10100.6
Buena Vista city+16.7%18142.7
King and Queen County+16.0%36365.3
Mecklenburg County+15.1%1531475.0
Lexington city+14.6%110.1
Alleghany County+14.3%13130.9
Madison County+14.1%67674.7
Northampton County+13.1%16316113.7
Northumberland County+12.5%60604.8
Lunenburg County+12.4%25252.1
Falls Church city+12.4%18181.2
Accomack County+12.1%1811815.3
Franklin County+11.6%1671573.0
Colonial Heights city+11.5%17170.9
Washington County+11.0%1061042.0
Buckingham County+10.2%96965.6
Dinwiddie County+10.0%82822.8
Powhatan County+10.0%1151153.5
Fairfax city+10.0%71712.7
Roanoke city+10.0%1131011.1
Lancaster County+9.9%12712711.6
Pittsylvania County+9.8%72721.2
Middlesex County+9.7%97978.9
Goochland County+9.6%32232211.0
Caroline County+9.4%3183189.2
Franklin city+9.2%000.0
Amelia County+8.9%60604.4
Hopewell city+8.7%42421.8
James City County+8.6%3582964.3
Prince George County+8.6%72681.6
Prince William County+8.6%1,4187932.8
King William County+8.5%1291296.6
Salem city+8.5%2682010.4
Amherst County+8.3%2281167.1
Portsmouth city+8.3%3001883.1
Suffolk city+8.3%6806806.5
Smyth County+8.2%40401.4
Spotsylvania County+8.2%7077074.5
Prince Edward County+8.1%65602.9
Westmoreland County+8.0%22022011.2
Martinsville city+7.9%5534.0
Henry County+7.8%33330.7
Galax city+7.8%10101.5
Lynchburg city+7.6%4722325.8
Pulaski County+7.5%38381.1
Chesapeake city+7.5%5975972.3
Manassas city+7.5%46461.0
Appomattox County+7.3%95955.5
New Kent County+7.2%45345316.2
Louisa County+7.1%4094099.5
Halifax County+6.9%97972.9
Hanover County+6.9%4474433.8
Loudoun County+6.9%3,3141,4967.4
Warren County+6.9%1701704.0
Charlottesville city+6.9%49251.1
Petersburg city+6.9%135514.0
Tazewell County+6.8%440.1
Richmond city+6.8%2,54038010.7
Chesterfield County+6.7%2,3071,8455.8
Fairfax County+6.7%2,8611,0322.4
Roanoke County+6.6%3601183.7
Arlington County+6.5%6211902.5
Fauquier County+6.5%2862863.7
Botetourt County+6.4%1161163.4
Montgomery County+6.4%3233233.3
Gloucester County+6.3%85822.1
Southampton County+6.3%57573.1
Giles County+6.2%23231.4
Rockingham County+6.2%6836137.6
Newport News city+6.2%630.0
Virginia Beach city+6.2%6663191.5
Henrico County+6.1%1,8269215.3
Fredericksburg city+6.0%37371.2
Radford city+6.0%28281.6
Surry County+5.9%36365.5
Wythe County+5.8%118984.2
Alexandria city+5.8%25250.2
Albemarle County+5.7%8106006.8
Augusta County+5.7%3573004.5
Bedford County+5.6%2942663.5
Orange County+5.5%41241010.3
Shenandoah County+5.5%2242244.9
Brunswick County+5.4%37372.4
Stafford County+5.4%3613612.1
Hampton city+5.4%68680.5
Campbell County+5.3%3152585.7
Frederick County+5.3%8728728.7
Russell County+5.3%35151.4
Bristol city+5.3%510.3
King George County+5.1%1551535.2
Isle of Wight County+5.0%2572576.2
Page County+4.9%1641646.9
Grayson County+4.8%38382.5
Mathews County+4.8%37374.3
Essex County+4.7%38383.6
Manassas Park city+4.7%11807.1
Clarke County+4.5%15151.0
Carroll County+4.1%82822.8
Culpeper County+3.8%4253657.4
Rockbridge County+3.8%1051054.6
Cumberland County+3.5%80707.7
Fluvanna County+3.5%1381324.8
Rappahannock County+3.5%34344.6
Norfolk city+3.4%4381451.9
Harrisonburg city+3.3%87161.7
Winchester city+3.3%91393.2
Wise County+2.9%16160.5
Waynesboro city+2.7%39013816.3
Staunton city+2.2%71432.6
Richmond County+1.9%24182.6
Nelson County+1.6%66664.4
Danville city+1.6%14140.3
York County+1.2%1871812.6
Poquoson city+1.2%1339710.0
Nottoway County+1.0%57523.6
Greene County+0.7%2041629.3
Charles City County−2.9%30304.5
Sussex County−3.4%29292.7
Floyd County−3.7%69694.4
Charlotte County−18.1%39393.4
Bath County—882.0
Bland County—881.3
Buchanan County—12120.6
Craig County—29296.0
Greensville County—24242.1
Covington city—110.2
Emporia city—110.2

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.