Home Insurance in Watford City, North Dakota
Homes in Watford City carry a median value of $408,500 - 17% higher than the McKenzie County median.
The typical home in Watford City was built around 2013. About 6% of homes were built before 1960, about 5 points below McKenzie County's 11%. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing.
In Watford City, the housing stock is 32% single-family homes, 58% apartments in buildings with 5+ units and 5% mobile or manufactured homes. Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy.
About 68% of owner-occupied homes in Watford City have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
About 29% of occupied homes in Watford City are owner-occupied. The vacancy rate is 25%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy.
Most homes in Watford City - 71% - are primarily heated with electricity.
McKenzie County's top FEMA-rated hazard is winter weather (Relatively High), per FEMA's National Risk Index. McKenzie County had 35 active NFIP flood policies as of September 2026. See the full McKenzie 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 Dakota carries a statewide average premium of $1,414 per year.
Key figures
| Median home value | $408,500 |
|---|---|
| Median year built | 2013 |
| Owner-occupied share | 29% |
| Share of owner-occupied homes with a mortgage | 68% |
| Top county hazard | Winter Weather (Relatively High) |
| Active NFIP policies in McKenzie County | 35 |
| Home insurance premium | $1,414 - 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)