Home Insurance in Goldsmith, Texas
Homes in Goldsmith carry a median value of $141,700 - 29% lower than the Ector County median.
The typical home in Goldsmith was built around 1958. About 59% of homes were built before 1960, about 37 points above Ector County's 22%. Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild.
Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy. The housing stock in Goldsmith is 83% single-family homes and 17% mobile or manufactured homes.
In Goldsmith, about 31% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
Goldsmith has an owner-occupancy rate of 77% and a vacancy rate of 14%; unoccupied homes typically need a different coverage form.
57% of homes in Goldsmith are primarily heated with natural gas.
What's the biggest home insurance risk near Goldsmith? FEMA's National Risk Index points to hail (Relatively High) in Ector County and Ector County had 1,027 active NFIP flood policies as of September 2026. See the full Ector 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 Texas is $2,864 per year, according to the NAIC homeowners insurance report (2023 data).
Key figures
| Median home value | $141,700 |
|---|---|
| Median year built | 1958 |
| Owner-occupied share | 77% |
| Share of owner-occupied homes with a mortgage | 31% |
| Top county hazard | Hail (Relatively High) |
| Active NFIP policies in Ector County | 1,027 |
| Home insurance premium | $2,864 - 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)