Home Insurance in City of Creede, Colorado
Homes in City of Creede carry a median value of $376,900 - 12% lower than the Mineral County median.
The typical home in City of Creede was built around 1970. About 33% of homes were built before 1960, about 15 points above Mineral County's 18%. Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild.
In City of Creede, the housing stock is 73% single-family homes and 20% mobile or manufactured homes. Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy.
24% of owner-occupied homes in City of Creede carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
About 45% of occupied homes in City of Creede are owner-occupied. The vacancy rate is 40%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy.
40% of homes in City of Creede are primarily heated with propane. Homes heated with propane and wood can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies.
Mineral County's top FEMA-rated hazard is wildfire (Very Low), per FEMA's National Risk Index. Mineral County had 1 active NFIP flood policy as of September 2026. See the full Mineral County home insurance overview for all FEMA hazard ratings and flood coverage details.
According to the NAIC homeowners insurance report (2023 data), a standard HO-3 homeowners policy in Colorado carries a statewide average premium of $2,492 per year.
Key figures
| Median home value | $376,900 |
|---|---|
| Median year built | 1970 |
| Owner-occupied share | 45% |
| Share of owner-occupied homes with a mortgage | 24% |
| Top county hazard | Wildfire (Very Low) |
| Active NFIP policies in Mineral County | 1 |
| 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)