Home Insurance in Grand Junction, Colorado
The median home value in Grand Junction is $389,800, close to the Mesa County median.
The typical home in Grand Junction was built around 1988. About 19% of homes were built before 1960, about 3 points above Mesa County's 16%. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them.
In Grand Junction, the housing stock is 70% single-family homes, 17% apartments in buildings with 5+ units and 5% mobile or manufactured homes. Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy.
In Grand Junction, about 65% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
The vacancy rate is 5%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 64% of occupied homes in Grand Junction are owner-occupied.
73% of homes in Grand Junction are primarily heated with natural gas.
FEMA rates Mesa County's overall risk as Relatively Low, led by wildfire (Relatively Moderate). Mesa County had 225 active NFIP flood policies as of September 2026. See the full Mesa County home insurance overview for all FEMA hazard ratings and flood coverage details.
In Colorado, the statewide average premium for a standard HO-3 homeowners policy is $2,492 per year (NAIC, 2023 data).
Key figures
| Median home value | $389,800 |
|---|---|
| Median year built | 1988 |
| Owner-occupied share | 64% |
| Share of owner-occupied homes with a mortgage | 65% |
| Top county hazard | Wildfire (Relatively Moderate) |
| Active NFIP policies in Mesa County | 225 |
| 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)