Home Insurance in Riverdale Park, Maryland

The median home value in Riverdale Park is $475,800, 12% higher than the Prince George's County median.

The typical home in Riverdale Park was built around 1957. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them. About 54% of homes were built before 1960, about 33 points above Prince George's County's 21%.

In Riverdale Park, the housing stock is 57% single-family homes and 41% apartments in buildings with 5+ units.

About 84% of owner-occupied homes in Riverdale Park have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.

The vacancy rate is 3%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 51% of occupied homes in Riverdale Park are owner-occupied.

In Riverdale Park, 69% of homes are primarily heated with natural gas.

Prince George's County's top FEMA-rated hazard is winter weather (Very High), per FEMA's National Risk Index. Prince George's County had 3,150 active NFIP flood policies as of September 2026. See the full Prince George's County home insurance overview for all FEMA hazard ratings and flood coverage details.

The statewide average premium for a standard HO-3 homeowners policy in Maryland is $1,578 per year, according to the NAIC homeowners insurance report (2023 data).

Key figures

Median home value$475,800
Median year built1957
Owner-occupied share51%
Share of owner-occupied homes with a mortgage84%
Top county hazardWinter Weather (Very High)
Active NFIP policies in Prince George's County3,150
Home insurance premium$1,578 - statewide average (NAIC, 2023 data)
Key home insurance figures for Riverdale Park, MD

Nearby towns

Sources

Data last updated: 2026-09-29