Home Insurance in Sherwood, North Dakota
Homes in Sherwood carry a median value of $47,500 - 71% lower than the Renville County median.
The typical home in Sherwood was built around 1971. About 28% of homes were built before 1960, about 6 points below Renville County's 35%. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them.
The housing stock in Sherwood is 60% single-family homes and 19% mobile or manufactured homes. The rest are 2-4 unit or other housing types. Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy.
In Sherwood, about 14% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
Sherwood has an owner-occupancy rate of 66% and a vacancy rate of 26%; unoccupied homes typically need a different coverage form.
61% of homes in Sherwood are primarily heated with propane. Homes heated with propane can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies.
What's the biggest home insurance risk near Sherwood? FEMA's National Risk Index points to winter weather (Relatively Low) in Renville County and Renville County had 5 active NFIP flood policies as of September 2026. See the full Renville 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 North Dakota is $1,414 per year, according to the NAIC homeowners insurance report (2023 data).
Key figures
| Median home value | $47,500 |
|---|---|
| Median year built | 1971 |
| Owner-occupied share | 66% |
| Share of owner-occupied homes with a mortgage | 14% |
| Top county hazard | Winter Weather (Relatively Low) |
| Active NFIP policies in Renville County | 5 |
| 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)