Home Insurance in Cramerton, North Carolina
The median home value in Cramerton is $343,400, 29% higher than the Gaston County median.
Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. The typical home in Cramerton was built around 2001. About 24% of homes were built before 1960, about 1 point above Gaston County's 23%.
Housing in Cramerton breaks down to 74% single-family homes, 21% apartments in buildings with 5+ units and 1% mobile or manufactured homes.
72% of owner-occupied homes in Cramerton carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
Cramerton has an owner-occupancy rate of 62% and a vacancy rate of 9%; unoccupied homes typically need a different coverage form.
55% of homes in Cramerton are primarily heated with natural gas.
Gaston County had 334 active NFIP flood policies as of September 2026. Its top FEMA-rated hazard is strong wind (Relatively High). See the full Gaston 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 North Carolina carries a statewide average premium of $1,852 per year.
Key figures
| Median home value | $343,400 |
|---|---|
| Median year built | 2001 |
| Owner-occupied share | 62% |
| Share of owner-occupied homes with a mortgage | 72% |
| Top county hazard | Strong Wind (Relatively High) |
| Active NFIP policies in Gaston County | 334 |
| Home insurance premium | $1,852 - 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)