Home Insurance in Sykesville, Maryland
With a median home value of $453,400, Sykesville is close to the Carroll County median.
The typical home in Sykesville was built around 1988. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. About 12% of homes were built before 1960, about 5 points below Carroll County's 18%.
Housing in Sykesville breaks down to 85% single-family homes and 13% apartments in buildings with 5+ units.
88% of owner-occupied homes in Sykesville carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
Sykesville has an owner-occupancy rate of 78% and a vacancy rate of 9%; unoccupied homes typically need a different coverage form.
Homes heated with fuel oil can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies. Most homes in Sykesville - 54% - are primarily heated with electricity.
Carroll County's top FEMA-rated hazard is strong wind (Relatively High), per FEMA's National Risk Index. Carroll County had 193 active NFIP flood policies as of September 2026. See the full Carroll County home insurance overview for all FEMA hazard ratings and flood coverage details.
In Maryland, the statewide average premium for a standard HO-3 homeowners policy is $1,578 per year (NAIC, 2023 data).
Key figures
| Median home value | $453,400 |
|---|---|
| Median year built | 1988 |
| Owner-occupied share | 78% |
| Share of owner-occupied homes with a mortgage | 88% |
| Top county hazard | Strong Wind (Relatively High) |
| Active NFIP policies in Carroll County | 193 |
| Home insurance premium | $1,578 - statewide average (NAIC, 2023 data) |
Nearby towns
- Mount Airy
- Brookeville
- Laytonsville
- Westminster
- New Market
- Union Bridge
- Washington Grove
- Gaithersburg
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)