Home Insurance in Greenwood, Louisiana
With a median home value of $241,600, Greenwood is 38% higher than the Caddo Parish median.
The typical home in Greenwood was built around 1994. About 4% of homes were built before 1960, about 19 points below Caddo Parish's 24%. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them.
The housing stock in Greenwood is 72% single-family homes, 8% apartments in buildings with 5+ units and 18% mobile or manufactured homes. Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy.
60% of owner-occupied homes in Greenwood carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
Greenwood has an owner-occupancy rate of 87% and a vacancy rate of 4%; unoccupied homes typically need a different coverage form.
58% of homes in Greenwood are primarily heated with natural gas.
What's the biggest home insurance risk near Greenwood? FEMA's National Risk Index points to hail (Relatively High) in Caddo Parish and Caddo Parish had 4,432 active NFIP flood policies as of September 2026. See the full Caddo Parish home insurance overview for all FEMA hazard ratings and flood coverage details.
The statewide average premium for a standard HO-3 homeowners policy in Louisiana is $3,027 per year, according to the NAIC homeowners insurance report (2023 data).
Key figures
| Median home value | $241,600 |
|---|---|
| Median year built | 1994 |
| Owner-occupied share | 87% |
| Share of owner-occupied homes with a mortgage | 60% |
| Top county hazard | Hail (Relatively High) |
| Active NFIP policies in Caddo Parish | 4,432 |
| Home insurance premium | $3,027 - 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)