Home Insurance in New Carrollton, Maryland
Homes in New Carrollton carry a median value of $394,900 - 7% lower than the Prince George's County median.
The typical home in New Carrollton was built around 1964. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. About 30% of homes were built before 1960, about 8 points above Prince George's County's 21%.
The housing stock in New Carrollton is 48% single-family homes, 43% apartments in buildings with 5+ units and 1% mobile or manufactured homes.
In New Carrollton, about 70% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
New Carrollton has an owner-occupancy rate of 54% and a vacancy rate of 4%; unoccupied homes typically need a different coverage form.
Most homes in New Carrollton - 64% - are primarily heated with natural gas.
Prince George's County had 3,150 active NFIP flood policies as of September 2026. Its top FEMA-rated hazard is winter weather (Very High). See the full Prince George's 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 | $394,900 |
|---|---|
| Median year built | 1964 |
| Owner-occupied share | 54% |
| Share of owner-occupied homes with a mortgage | 70% |
| Top county hazard | Winter Weather (Very High) |
| Active NFIP policies in Prince George's County | 3,150 |
| 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)