HomeInsuranceQts

Home Insurance in Sherwood, Ohio

With a median home value of $137,500, Sherwood is 16% lower than the Defiance County median.

The typical home in Sherwood was built around 1960. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them. About 50% of homes were built before 1960, about 9 points above Defiance County's 41%.

Housing in Sherwood breaks down to 91% single-family homes, 3% apartments in buildings with 5+ units and 1% mobile or manufactured homes.

64% of owner-occupied homes in Sherwood carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.

The vacancy rate is 12%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 88% of occupied homes in Sherwood are owner-occupied.

Homes heated with propane can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies. 50% of homes in Sherwood are primarily heated with natural gas.

FEMA rates Defiance County's overall risk as Very Low, led by hail (Relatively Low). Defiance County had 50 active NFIP flood policies as of September 2026. See the full Defiance 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 Ohio carries a statewide average premium of $1,116 per year.

Key figures

Median home value$137,500
Median year built1960
Owner-occupied share88%
Share of owner-occupied homes with a mortgage64%
Top county hazardHail (Relatively Low)
Active NFIP policies in Defiance County50
Home insurance premium$1,116 - statewide average (NAIC, 2023 data)
Key home insurance figures for Sherwood, OH

Nearby towns

Sources

Data last updated: 2026-09-29