Home Value Trail

States › Virginia › 2025

State, one year

Virginia in 2025

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

In 2025 the FHFA house price index for Virginia changed +3.7%, against +2.8% for the United States and +6.5% in 2024.

33,094 housing units were authorised by building permits in the state that year (20,458 single-family), −2.8% on 2024; the national total was 1,431,616.

+3.7%Virginia index, 2024–2025US +2.8%
33,094housing units permitted in 202520,458 single-family
111 of 123counties with a rising indexmedian county +4.5%
1,431,616units permitted nationally in 2025
← 2024Virginia overview

Counties in 2025

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

CountyIndex change 2025Units permittedSingle-familyPer 1,000
Charlotte County+37.6%42423.7
Surry County+17.1%35355.3
Richmond County+16.8%27252.9
Mathews County+16.3%32323.8
Southampton County+16.3%49492.7
Danville city+12.0%14120.3
Sussex County+11.8%34343.2
Falls Church city+11.8%18181.2
Nottoway County+11.7%42382.7
Charles City County+11.0%24243.6
Greensville County+11.0%10100.9
Russell County+9.5%11110.4
King and Queen County+9.1%36365.3
Henry County+9.0%44440.9
Lexington city+8.2%000.0
Staunton city+8.1%147735.5
Clarke County+7.9%17171.1
Cumberland County+7.8%70706.8
York County+7.8%2041982.9
Carroll County+7.7%77772.6
Nelson County+7.0%62624.2
Pulaski County+7.0%55551.6
Giles County+6.9%23231.4
Tazewell County+6.9%15150.4
Augusta County+6.8%4952486.3
Fauquier County+6.6%4174175.5
Caroline County+6.5%2242246.5
Culpeper County+6.5%3663666.3
Smyth County+6.5%12120.4
King George County+6.3%93933.1
Franklin County+6.2%1431432.6
Winchester city+6.2%68642.4
Greene County+6.1%26621612.1
Gloucester County+6.0%1221223.0
Grayson County+6.0%33332.2
Louisa County+6.0%4044049.4
Floyd County+5.8%73714.6
Prince George County+5.8%1321223.0
Hampton city+5.6%1001000.7
Albemarle County+5.5%7295486.2
King William County+5.5%21521511.0
Manassas city+5.4%1151152.6
Campbell County+5.3%3502526.3
Madison County+5.3%48483.4
Botetourt County+5.2%1271273.7
Rockbridge County+5.2%91874.0
Virginia Beach city+5.2%4362661.0
Page County+5.1%1411415.9
Henrico County+4.9%2,3238096.8
Norfolk city+4.9%1561430.7
Halifax County+4.8%1011013.0
Isle of Wight County+4.8%3032777.3
Rockingham County+4.8%6855047.7
Waynesboro city+4.8%35319614.7
Orange County+4.7%3393398.5
Rappahannock County+4.7%39395.2
Colonial Heights city+4.7%15150.8
Manassas Park city+4.7%800.5
Roanoke city+4.7%410884.1
Warren County+4.6%1571573.7
Poquoson city+4.6%98987.4
Dinwiddie County+4.5%14140.5
Frederick County+4.5%7077077.1
Roanoke County+4.5%1611611.7
Pittsylvania County+4.4%72721.2
Stafford County+4.4%4504192.6
Wythe County+4.4%81772.9
Buckingham County+4.3%86865.0
Loudoun County+4.3%1,5616413.5
Powhatan County+4.3%1271273.9
Fairfax city+4.0%89893.3
Suffolk city+4.0%5895145.6
Accomack County+3.9%1541544.5
Harrisonburg city+3.9%1621583.2
Portsmouth city+3.9%1791251.8
Alleghany County+3.8%13130.9
James City County+3.7%2252092.7
Amelia County+3.6%50503.7
Bedford County+3.6%3553374.3
Hanover County+3.6%5112794.4
Newport News city+3.6%125500.7
Chesapeake city+3.5%8465513.3
Petersburg city+3.4%95952.8
Montgomery County+3.3%3282563.3
Salem city+3.2%17170.7
Radford city+3.1%13110.8
Lancaster County+3.0%11610010.6
New Kent County+2.9%29529510.5
Prince William County+2.9%1,3407262.7
Chesterfield County+2.8%2,1941,5765.5
Shenandoah County+2.8%1911914.2
Prince Edward County+2.7%27271.2
Mecklenburg County+2.5%1741665.7
Lynchburg city+2.4%2131892.6
Fredericksburg city+2.3%25250.8
Richmond city+2.3%2,68136811.3
Hopewell city+2.2%31261.3
Fairfax County+2.1%2,8627402.5
Goochland County+1.8%31431410.8
Lunenburg County+1.7%27272.2
Washington County+1.5%1911173.5
Amherst County+1.4%1121123.5
Arlington County+1.4%1,3092245.4
Essex County+1.3%62625.8
Spotsylvania County+1.1%6816814.4
Alexandria city+1.0%17170.1
Bristol city+1.0%2151.3
Northumberland County+0.9%65655.2
Middlesex County+0.5%62625.7
Galax city+0.4%660.9
Appomattox County+0.3%85854.9
Northampton County−0.1%14513312.2
Charlottesville city−0.5%8895320.0
Patrick County−0.6%34342.0
Martinsville city−0.7%000.0
Fluvanna County−0.8%1891896.5
Wise County−1.3%45371.3
Franklin city−1.7%000.0
Westmoreland County−2.8%21420210.9
Buena Vista city−6.0%13131.9
Scott County−7.2%32321.5
Williamsburg city−8.4%22221.4
Brunswick County−8.7%36362.3
Bath County—661.5
Bland County—10101.6
Buchanan County—12120.6
Craig County—19194.0
Covington city—550.9
Emporia city—440.7

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.