Housing Demand Analysis Northampton County, Virginia

Abstract

This report assesses the demand for affordable housing in Northampton County, Virginia.  The assessment includes an analysis of the gap between the supply of affordable housing and the demand (or need) for such housing as of April 1, 2000 utilizing special tabulations of Census 2000 data; an assessment of post-2000 growth trends; projections of housing demand for 2010 and 2020; and a discussion of strategies to promote the development of affordable housing.   
 
Although housing in Northampton is generally affordable and the county has had little increase in population, the demand for second homes and retirement homes has resulted in exceptionally high housing prices for desirable waterfront locations.  Much more affordable prices are available for in-land locations.