Home Insurance in Mount Ida, Arkansas
The median home value in Mount Ida is $140,900, 7% lower than the Montgomery 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 Mount Ida was built around 1979. About 32% of homes were built before 1960, about 16 points above Montgomery County's 16%.
Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy. The housing stock in Mount Ida is 72% single-family homes, 10% apartments in buildings with 5+ units and 10% mobile or manufactured homes.
About 28% of owner-occupied homes in Mount Ida have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
The vacancy rate is 9%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 56% of occupied homes in Mount Ida are owner-occupied.
Most homes in Mount Ida - 51% - are primarily heated with natural gas.
Montgomery County's top FEMA-rated hazard is wildfire (Very Low), per FEMA's National Risk Index. Montgomery County had 50 active NFIP flood policies as of September 2026. See the full Montgomery County home insurance overview for all FEMA hazard ratings and flood coverage details.
In Arkansas, the statewide average premium for a standard HO-3 homeowners policy is $1,870 per year (NAIC, 2023 data).
Key figures
| Median home value | $140,900 |
|---|---|
| Median year built | 1979 |
| Owner-occupied share | 56% |
| Share of owner-occupied homes with a mortgage | 28% |
| Top county hazard | Wildfire (Very Low) |
| Active NFIP policies in Montgomery County | 50 |
| 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)