Home Insurance in Greenwood Village, Colorado
The median home value in Greenwood Village is $1,237,800, 121% higher than the Arapahoe County median.
The typical home in Greenwood Village was built around 1994. About 2% of homes were built before 1960, about 7 points below Arapahoe County's 9%. Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild.
The housing stock in Greenwood Village is 62% single-family homes and 34% apartments in buildings with 5+ units.
About 62% of owner-occupied homes in Greenwood Village have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
Greenwood Village has an owner-occupancy rate of 64% and a vacancy rate of 5%; unoccupied homes typically need a different coverage form.
In Greenwood Village, 66% of homes are primarily heated with natural gas.
FEMA rates Arapahoe County's overall risk as Relatively Moderate, led by hail (Very High). Arapahoe County had 773 active NFIP flood policies as of September 2026. See the full Arapahoe County home insurance overview for all FEMA hazard ratings and flood coverage details.
The statewide average premium for a standard HO-3 homeowners policy in Colorado is $2,492 per year, according to the NAIC homeowners insurance report (2023 data).
Key figures
| Median home value | $1,237,800 |
|---|---|
| Median year built | 1994 |
| Owner-occupied share | 64% |
| Share of owner-occupied homes with a mortgage | 62% |
| Top county hazard | Hail (Very High) |
| Active NFIP policies in Arapahoe County | 773 |
| Home insurance premium | $2,492 - statewide average (NAIC, 2023 data) |
Nearby towns
Sources
Data last updated: 2026-09-29
- U.S. Census Bureau Gazetteer Files (2024)
- U.S. Census Bureau, American Community Survey 2020-2024 5-Year Estimates (2024)
- FEMA National Risk Index (December 2025)
- FEMA OpenFEMA NFIP Redacted Policies v3 (2026)
- NAIC Dwelling Fire, Homeowners Owner-Occupied, and Homeowners Tenant and Condominium/Cooperative Unit Owners Insurance: Data for 2023 (published 2026) (2023)