Home Insurance in Walterboro, South Carolina

Homes in Walterboro carry a median value of $183,500 - 13% higher than the Colleton County median.

The typical home in Walterboro was built around 1976. About 24% of homes were built before 1960, about 11 points above Colleton County's 14%. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them.

In Walterboro, the housing stock is 70% single-family homes and 19% apartments in buildings with 5+ units. The rest are 2-4 unit or other housing types.

In Walterboro, about 49% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.

Walterboro has an owner-occupancy rate of 51% and a vacancy rate of 10%; unoccupied homes typically need a different coverage form.

In Walterboro, 74% of homes are primarily heated with electricity.

What's the biggest home insurance risk near Walterboro? FEMA's National Risk Index points to hurricane (Relatively High) in Colleton County and Colleton County had 1,877 active NFIP flood policies as of September 2026. See the full Colleton County home insurance overview for all FEMA hazard ratings and flood coverage details.

In South Carolina, the statewide average premium for a standard HO-3 homeowners policy is $1,753 per year (NAIC, 2023 data).

Key figures

Median home value$183,500
Median year built1976
Owner-occupied share51%
Share of owner-occupied homes with a mortgage49%
Top county hazardHurricane (Relatively High)
Active NFIP policies in Colleton County1,877
Home insurance premium$1,753 - statewide average (NAIC, 2023 data)
Key home insurance figures for Walterboro, SC

Nearby towns

Sources

Data last updated: 2026-09-29