Home Insurance in Mardela Springs, Maryland
Homes in Mardela Springs carry a median value of $247,200 - close to the Wicomico County median.
The typical home in Mardela Springs was built around 1956. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them. About 56% of homes were built before 1960, about 35 points above Wicomico County's 21%.
The housing stock in Mardela Springs is 96% single-family homes and 4% apartments in buildings with 5+ units.
63% of owner-occupied homes in Mardela Springs carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
Mardela Springs has an owner-occupancy rate of 77% and a vacancy rate of 11%; unoccupied homes typically need a different coverage form.
In Mardela Springs, 72% of homes are primarily heated with electricity. Homes heated with propane, fuel oil and wood can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies.
Wicomico County had 663 active NFIP flood policies as of September 2026. Its top FEMA-rated hazard is hurricane (Relatively Moderate). See the full Wicomico 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 | $247,200 |
|---|---|
| Median year built | 1956 |
| Owner-occupied share | 77% |
| Share of owner-occupied homes with a mortgage | 63% |
| Top county hazard | Hurricane (Relatively Moderate) |
| Active NFIP policies in Wicomico County | 663 |
| 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)