Home Insurance in Magnolia, Arkansas
Homes in Magnolia carry a median value of $169,300 - 11% higher than the Columbia County median.
The typical home in Magnolia was built around 1977. About 26% of homes were built before 1960, about 3 points above Columbia County's 23%. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them.
The housing stock in Magnolia is 67% single-family homes, 16% apartments in buildings with 5+ units and 6% mobile or manufactured homes. The rest are 2-4 unit or other housing types. Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy.
50% of owner-occupied homes in Magnolia carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
Magnolia has an owner-occupancy rate of 54% and a vacancy rate of 21%; unoccupied homes typically need a different coverage form.
55% of homes in Magnolia are primarily heated with electricity.
What's the biggest home insurance risk near Magnolia? FEMA's National Risk Index points to hail (Relatively Moderate) in Columbia County and Columbia County had 11 active NFIP flood policies as of September 2026. See the full Columbia 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 Arkansas carries a statewide average premium of $1,870 per year.
Key figures
| Median home value | $169,300 |
|---|---|
| Median year built | 1977 |
| Owner-occupied share | 54% |
| Share of owner-occupied homes with a mortgage | 50% |
| Top county hazard | Hail (Relatively Moderate) |
| Active NFIP policies in Columbia County | 11 |
| 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)