Home Insurance in Swansea, South Carolina
The median home value in Swansea is $129,200, 45% lower than the Lexington County median.
Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. The typical home in Swansea was built around 1976. About 29% of homes were built before 1960, about 21 points above Lexington County's 8%.
In Swansea, the housing stock is 72% single-family homes, 14% apartments in buildings with 5+ units and 10% mobile or manufactured homes. Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy.
In Swansea, about 54% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
Swansea has an owner-occupancy rate of 62% and a vacancy rate of 26%; unoccupied homes typically need a different coverage form.
Most homes in Swansea - 64% - are primarily heated with electricity.
FEMA rates Lexington County's overall risk as Relatively Moderate, led by tornado (Relatively High). Lexington County had 1,340 active NFIP flood policies as of September 2026. See the full Lexington 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 | $129,200 |
|---|---|
| Median year built | 1976 |
| Owner-occupied share | 62% |
| Share of owner-occupied homes with a mortgage | 54% |
| Top county hazard | Tornado (Relatively High) |
| Active NFIP policies in Lexington County | 1,340 |
| 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)