Flood Risk vs. Property Value: The Hidden Costs of Climate Change

The increased frequency and severity of natural disasters, such as floods, are a growing concern in the real estate industry. In this analysis, we will examine cities with high flood risk scores and their corresponding effects on property values and insurance premiums.

According to the data, cities like Copper Harbor and Ahmeek, with high flood risk scores of 0.095450206808781, have median sale prices of $2043, resulting in a significant impact on property values. For instance, this is 77% higher than the median sale price in Wrangell, a city with a lower flood risk score, which stands at $2120, as seen in our previous article on property risk analysis.

Furthermore, cities with high flood risk scores tend to have higher median sale prices, such as Naukati Bay, which has a median sale price of $5714, significantly higher than the median sale prices in Edna Bay and Hydaburg. This trend is also reflected in the top 10 booming US cities where median list prices are skyrocketing in 2025, as seen in our article on If you're an investor looking for fast-paced growth.

In cities with high flood risk scores, such as Naukati Bay, properties tend to stay on the market for longer periods, with a median days on market of N/A, compared to cities like Winnett, which has a median days on market of 496, as seen in our article on Short-term rentals are gaining a competitive edge.

In conclusion, flood risk has a significant impact on property values and insurance premiums. Cities with high flood risk scores tend to have lower median sale prices and longer days on market. It is essential for investors and homeowners to consider flood risk when making decisions about property purchases or investments. For more information on cities with the tightest housing inventory, please refer to our article on Supply Squeeze: Unveiling Cities with the Tightest Housing Inventory.

For more information on property risk analysis, please refer to our previous article on Wildfire Watch: Analyzing Property Risk and Values in Vulnerable Zones, and hospitality hotspots, please refer to our article on Hospitality Hotspots: Unveiling the Best Cities for Vacation Property ROI.