Home Insurance in Charlestown, Maryland
The median home value in Charlestown is $378,400, 10% higher than the Cecil County median.
The typical home in Charlestown was built around 1994. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them. About 33% of homes were built before 1960, about 13 points above Cecil County's 20%.
Housing in Charlestown breaks down to 95% single-family homes.
About 71% of owner-occupied homes in Charlestown have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
Charlestown has an owner-occupancy rate of 92% and a vacancy rate of 5%; unoccupied homes typically need a different coverage form.
Homes heated with propane and fuel oil can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies. In Charlestown, 46% of homes are primarily heated with electricity.
What's the biggest home insurance risk near Charlestown? FEMA's National Risk Index points to winter weather (Relatively High) in Cecil County and Cecil County had 834 active NFIP flood policies as of September 2026. See the full Cecil 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 Maryland carries a statewide average premium of $1,578 per year.
Key figures
| Median home value | $378,400 |
|---|---|
| Median year built | 1994 |
| Owner-occupied share | 92% |
| Share of owner-occupied homes with a mortgage | 71% |
| Top county hazard | Winter Weather (Relatively High) |
| Active NFIP policies in Cecil County | 834 |
| Home insurance premium | $1,578 - 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)