Home Insurance in Greenfield, Wisconsin
Homes in Greenfield carry a median value of $261,100 - 13% higher than the Milwaukee County median.
Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild. The typical home in Greenfield was built around 1974. About 27% of homes were built before 1960, about 29 points below Milwaukee County's 56%.
In Greenfield, the housing stock is 53% single-family homes and 40% apartments in buildings with 5+ units.
About 61% of owner-occupied homes in Greenfield have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
Greenfield has an owner-occupancy rate of 55% and a vacancy rate of 3%; unoccupied homes typically need a different coverage form.
73% of homes in Greenfield are primarily heated with natural gas.
Milwaukee County's top FEMA-rated hazard is tornado (Very High), per FEMA's National Risk Index. Milwaukee County had 1,390 active NFIP flood policies as of September 2026. See the full Milwaukee County home insurance overview for all FEMA hazard ratings and flood coverage details.
According to the NAIC homeowners insurance report (2023 data), a standard HO-3 homeowners policy in Wisconsin carries a statewide average premium of $923 per year.
Key figures
| Median home value | $261,100 |
|---|---|
| Median year built | 1974 |
| Owner-occupied share | 55% |
| Share of owner-occupied homes with a mortgage | 61% |
| Top county hazard | Tornado (Very High) |
| Active NFIP policies in Milwaukee County | 1,390 |
| Home insurance premium | $923 - 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)