Home Insurance in Grafton, West Virginia
The median home value in Grafton is $74,600, 50% lower than the Taylor County median.
Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. The median home in Grafton was built in 1939 or earlier. About 67% of homes were built before 1960, about 30 points above Taylor County's 37%.
Housing in Grafton breaks down to 81% single-family homes, 8% apartments in buildings with 5+ units and 2% mobile or manufactured homes.
About 33% of owner-occupied homes in Grafton have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
The vacancy rate is 14%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 76% of occupied homes in Grafton are owner-occupied.
In Grafton, 74% of homes are primarily heated with natural gas.
FEMA rates Taylor County's overall risk as Very Low, led by inland flooding (Relatively Low). Taylor County had 32 active NFIP flood policies as of September 2026. See the full Taylor County home insurance overview for all FEMA hazard ratings and flood coverage details. Flood damage is excluded from a standard homeowners policy.
According to the NAIC homeowners insurance report (2023 data), a standard HO-3 homeowners policy in West Virginia carries a statewide average premium of $1,179 per year.
Key figures
| Median home value | $74,600 |
|---|---|
| Median year built | 1939 or earlier |
| Owner-occupied share | 76% |
| Share of owner-occupied homes with a mortgage | 33% |
| Top county hazard | Inland Flooding (Relatively Low) |
| Active NFIP policies in Taylor County | 32 |
| Home insurance premium | $1,179 - 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)