Construction Value
$12.8M ▲ 26.5%
Units Permitted
43 ▲ 26.5%
Avg Value / Unit
$299K
2024 · Census Bureau Building Permits Survey
Construction activity in Hopewell jumped in 2024, up 26.5% from the prior year with 43 housing units permitted. At $299K per unit, new builds are 11% below the Bedford County average of $336K, indicating more affordable construction. Volume is 19% above the county average of 36 units, suggesting faster-than-typical growth. All permits were for single-family homes.
Housing Mixi
Development Densityi
Units per building permitted
All construction is single-family detached homes.
Construction Intensityi
$79K
per resident
County avg: $40K+98%
$116.8M
per square mile
Hopewell vs. Bedford County Averagei
Where the Money Goesi
Construction value by housing type (2024)
| Type | Units | Bldgs | Value | Share |
|---|---|---|---|---|
| ■ Single-Family | 43 | 43 | $12.8M | 100% |
| ■ Duplex | 0 | 0 | — | 0% |
| ■ 3-4 Unit | 0 | 0 | — | 0% |
| ■ 5+ Unit | 0 | 0 | — | 0% |
County Ranking by Construction Volume
Among 65 permit-issuing towns in Bedford County
Historical trends, year-over-year analysis, and full permit history available with a paid plan. See products & pricing →