Home Insurance in Greenwood, South Carolina
With a median home value of $136,300, Greenwood is 24% lower than the Greenwood County median.
The typical home in Greenwood was built around 1968. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them. About 39% of homes were built before 1960, about 14 points above Greenwood County's 25%.
In Greenwood, the housing stock is 60% single-family homes, 20% apartments in buildings with 5+ units and 3% 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.
48% of owner-occupied homes in Greenwood carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
Greenwood has an owner-occupancy rate of 43% and a vacancy rate of 11%; unoccupied homes typically need a different coverage form.
Most homes in Greenwood - 70% - are primarily heated with electricity.
Greenwood County's top FEMA-rated hazard is tornado (Relatively Moderate), per FEMA's National Risk Index. Greenwood County had 77 active NFIP flood policies as of September 2026. See the full Greenwood 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 South Carolina is $1,753 per year, according to the NAIC homeowners insurance report (2023 data).
Key figures
| Median home value | $136,300 |
|---|---|
| Median year built | 1968 |
| Owner-occupied share | 43% |
| Share of owner-occupied homes with a mortgage | 48% |
| Top county hazard | Tornado (Relatively Moderate) |
| Active NFIP policies in Greenwood County | 77 |
| Home insurance premium | $1,753 - 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)