Home Insurance in University Park, Maryland

Homes in University Park carry a median value of $635,100 - 49% higher than the Prince George's County median.

Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild. The typical home in University Park was built around 1944. About 94% of homes were built before 1960, about 73 points above Prince George's County's 21%.

The housing stock in University Park is 100% single-family homes.

67% of owner-occupied homes in University Park carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.

University Park has an owner-occupancy rate of 97% and a vacancy rate of 4%; unoccupied homes typically need a different coverage form.

Most homes in University Park - 92% - are primarily heated with natural gas.

FEMA rates Prince George's County's overall risk as Relatively Moderate, led by winter weather (Very High). 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$635,100
Median year built1944
Owner-occupied share97%
Share of owner-occupied homes with a mortgage67%
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 University Park, MD

Nearby towns

Sources

Data last updated: 2026-09-29