Home Insurance in Angel Fire, New Mexico
The median home value in Angel Fire is $546,800, 227% higher than the Colfax County median.
Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. The typical home in Angel Fire was built around 1988. About 2% of homes were built before 1960, about 28 points below Colfax County's 30%.
In Angel Fire, the housing stock is 70% single-family homes, 22% apartments in buildings with 5+ units and 3% mobile or manufactured homes.
39% of owner-occupied homes in Angel Fire carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
About 77% of occupied homes in Angel Fire are owner-occupied. The vacancy rate is 78%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy.
Homes heated with propane and wood can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies. In Angel Fire, 64% of homes are primarily heated with propane.
Colfax County's top FEMA-rated hazard is wildfire (Relatively Moderate), per FEMA's National Risk Index. Colfax County had 22 active NFIP flood policies as of September 2026. See the full Colfax 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 New Mexico carries a statewide average premium of $1,490 per year.
Key figures
| Median home value | $546,800 |
|---|---|
| Median year built | 1988 |
| Owner-occupied share | 77% |
| Share of owner-occupied homes with a mortgage | 39% |
| Top county hazard | Wildfire (Relatively Moderate) |
| Active NFIP policies in Colfax County | 22 |
| Home insurance premium | $1,490 - 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)