Home Insurance in Santa Clara, New Mexico
With a median home value of $141,500, Santa Clara is 19% lower than the Grant County median.
The typical home in Santa Clara was built around 1966. About 40% of homes were built before 1960, about 17 points above Grant County's 23%. Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild.
The housing stock in Santa Clara is 55% single-family homes, 8% apartments in buildings with 5+ units and 35% mobile or manufactured homes. Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy.
About 40% of owner-occupied homes in Santa Clara have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
Santa Clara has an owner-occupancy rate of 80% and a vacancy rate of 19%; unoccupied homes typically need a different coverage form.
In Santa Clara, 50% of homes are primarily heated with natural gas.
FEMA rates Grant County's overall risk as Relatively Low, led by wildfire (Relatively Moderate). Grant County had 51 active NFIP flood policies as of September 2026. See the full Grant 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 New Mexico is $1,490 per year, according to the NAIC homeowners insurance report (2023 data).
Key figures
| Median home value | $141,500 |
|---|---|
| Median year built | 1966 |
| Owner-occupied share | 80% |
| Share of owner-occupied homes with a mortgage | 40% |
| Top county hazard | Wildfire (Relatively Moderate) |
| Active NFIP policies in Grant County | 51 |
| 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)