Home Insurance in Grenville, New Mexico
Homes in Grenville carry a median value of $100,000 - 19% lower than the Union County median.
The typical home in Grenville was built around 1972. About 47% of homes were built before 1960, about 2 points below Union County's 49%. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them.
In Grenville, the housing stock is 63% single-family homes and 37% mobile or manufactured homes. Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy.
36% of owner-occupied homes in Grenville carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
About 74% of occupied homes in Grenville are owner-occupied.
Homes heated with propane and wood can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies. Most homes in Grenville - 74% - are primarily heated with propane.
Union County's top FEMA-rated hazard is wildfire (Relatively Low), per FEMA's National Risk Index. Union County had 1 active NFIP flood policy as of September 2026. See the full Union County home insurance overview for all FEMA hazard ratings and flood coverage details.
In New Mexico, the statewide average premium for a standard HO-3 homeowners policy is $1,490 per year (NAIC, 2023 data).
Key figures
| Median home value | $100,000 |
|---|---|
| Median year built | 1972 |
| Owner-occupied share | 74% |
| Share of owner-occupied homes with a mortgage | 36% |
| Top county hazard | Wildfire (Relatively Low) |
| Active NFIP policies in Union County | 1 |
| 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)