Home Insurance in Decatur, Arkansas
The median home value in Decatur is $157,600, 51% lower than the Benton County median.
The typical home in Decatur was built around 1994. About 6% of homes were built before 1960, about 1 point above Benton County's 5%. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing.
Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy. The housing stock in Decatur is 52% single-family homes, 29% apartments in buildings with 5+ units and 5% mobile or manufactured homes. The rest are 2-4 unit or other housing types.
About 61% of owner-occupied homes in Decatur have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
Decatur has an owner-occupancy rate of 39% and a vacancy rate of 13%; unoccupied homes typically need a different coverage form.
Most homes in Decatur - 54% - are primarily heated with electricity.
Benton County had 553 active NFIP flood policies as of September 2026. Its top FEMA-rated hazard is winter weather (Relatively High). See the full Benton 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 Arkansas is $1,870 per year, according to the NAIC homeowners insurance report (2023 data).
Key figures
| Median home value | $157,600 |
|---|---|
| Median year built | 1994 |
| Owner-occupied share | 39% |
| Share of owner-occupied homes with a mortgage | 61% |
| Top county hazard | Winter Weather (Relatively High) |
| Active NFIP policies in Benton County | 553 |
| Home insurance premium | $1,870 - 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)