Home Insurance in Horseheads, New York

The median home value in Horseheads is $141,400, close to the Chemung County median.

The typical home in Horseheads was built around 1958. About 56% of homes were built before 1960, about 2 points below Chemung County's 58%. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them.

The housing stock in Horseheads is 63% single-family homes, 20% apartments in buildings with 5+ units and 3% mobile or manufactured homes. The rest are 2-4 unit or other housing types.

About 60% of owner-occupied homes in Horseheads have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.

The vacancy rate is 9%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 60% of occupied homes in Horseheads are owner-occupied.

78% of homes in Horseheads are primarily heated with natural gas.

Chemung County had 489 active NFIP flood policies as of September 2026. Its top FEMA-rated hazard is inland flooding (Relatively Low). See the full Chemung County home insurance overview for all FEMA hazard ratings and flood coverage details. Flood damage is excluded from a standard homeowners policy.

In New York, the statewide average premium for a standard HO-3 homeowners policy is $1,801 per year (NAIC, 2023 data).

Key figures

Median home value$141,400
Median year built1958
Owner-occupied share60%
Share of owner-occupied homes with a mortgage60%
Top county hazardInland Flooding (Relatively Low)
Active NFIP policies in Chemung County489
Home insurance premium$1,801 - statewide average (NAIC, 2023 data)
Key home insurance figures for Horseheads, NY

Nearby towns

Sources

Data last updated: 2026-09-29