Home Insurance in Northwood, Ohio
The median home value in Northwood is $183,100, 20% lower than the Wood County median.
The typical home in Northwood was built around 1974. About 26% of homes were built before 1960, in line with Wood County (26%). Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild.
In Northwood, the housing stock is 85% single-family homes, 8% 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.
70% of owner-occupied homes in Northwood carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
Northwood has an owner-occupancy rate of 84% and a vacancy rate of 10%; unoccupied homes typically need a different coverage form.
Most homes in Northwood - 68% - are primarily heated with natural gas.
Wood County's top FEMA-rated hazard is tornado (Relatively Moderate), per FEMA's National Risk Index. Wood County had 148 active NFIP flood policies as of September 2026. See the full Wood County home insurance overview for all FEMA hazard ratings and flood coverage details.
In Ohio, the statewide average premium for a standard HO-3 homeowners policy is $1,116 per year (NAIC, 2023 data).
Key figures
| Median home value | $183,100 |
|---|---|
| Median year built | 1974 |
| Owner-occupied share | 84% |
| Share of owner-occupied homes with a mortgage | 70% |
| Top county hazard | Tornado (Relatively Moderate) |
| Active NFIP policies in Wood County | 148 |
| Home insurance premium | $1,116 - 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)