Home Insurance in Priceville, Alabama
With a median home value of $266,400, Priceville is 26% higher than the Morgan County median.
The typical home in Priceville was built around 2003. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them. About 1% of homes were built before 1960, about 13 points below Morgan County's 14%.
Housing in Priceville breaks down to 99% single-family homes.
73% of owner-occupied homes in Priceville carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
Priceville has an owner-occupancy rate of 86% and a vacancy rate of 5%; unoccupied homes typically need a different coverage form.
Most homes in Priceville - 65% - are primarily heated with electricity.
Morgan County's top FEMA-rated hazard is tornado (Relatively High), per FEMA's National Risk Index. Morgan County had 495 active NFIP flood policies as of September 2026. See the full Morgan 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 Alabama is $1,906 per year, according to the NAIC homeowners insurance report (2023 data).
Key figures
| Median home value | $266,400 |
|---|---|
| Median year built | 2003 |
| Owner-occupied share | 86% |
| Share of owner-occupied homes with a mortgage | 73% |
| Top county hazard | Tornado (Relatively High) |
| Active NFIP policies in Morgan County | 495 |
| Home insurance premium | $1,906 - 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)