Home Insurance in Gearhart, Oregon
The median home value in Gearhart is $688,100, 47% higher than the Clatsop County median.
The typical home in Gearhart was built around 1985. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them. About 23% of homes were built before 1960, about 14 points below Clatsop County's 38%.
In Gearhart, the housing stock is 79% single-family homes, 15% apartments in buildings with 5+ units and 1% mobile or manufactured homes.
52% of owner-occupied homes in Gearhart carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
Gearhart has an owner-occupancy rate of 86% and a vacancy rate of 45%; unoccupied homes typically need a different coverage form.
81% of homes in Gearhart are primarily heated with natural gas.
What's the biggest home insurance risk near Gearhart? FEMA's National Risk Index points to earthquake (Relatively Moderate) in Clatsop County and Clatsop County had 1,288 active NFIP flood policies as of September 2026. See the full Clatsop County home insurance overview for all FEMA hazard ratings and flood coverage details. Earthquake damage is excluded from a standard homeowners policy.
In Oregon, the statewide average premium for a standard HO-3 homeowners policy is $1,003 per year (NAIC, 2023 data).
Key figures
| Median home value | $688,100 |
|---|---|
| Median year built | 1985 |
| Owner-occupied share | 86% |
| Share of owner-occupied homes with a mortgage | 52% |
| Top county hazard | Earthquake (Relatively Moderate) |
| Active NFIP policies in Clatsop County | 1,288 |
| Home insurance premium | $1,003 - 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)