Home Insurance in Cave City, Arkansas
Homes in Cave City carry a median value of $120,700 - 15% higher than the Sharp County median.
The typical home in Cave City was built around 1981. About 9% of homes were built before 1960, in line with Sharp County (8%). Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them.
Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy. The housing stock in Cave City is 75% single-family homes, 5% apartments in buildings with 5+ units and 13% mobile or manufactured homes.
About 67% of owner-occupied homes in Cave City have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
The vacancy rate is 22%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 56% of occupied homes in Cave City are owner-occupied.
In Cave City, 63% of homes are primarily heated with electricity.
What's the biggest home insurance risk near Cave City? FEMA's National Risk Index points to earthquake (Relatively Low) in Sharp County and Sharp County had 57 active NFIP flood policies as of September 2026. See the full Sharp County home insurance overview for all FEMA hazard ratings and flood coverage details. Earthquake damage is excluded from a standard homeowners policy.
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 | $120,700 |
|---|---|
| Median year built | 1981 |
| Owner-occupied share | 56% |
| Share of owner-occupied homes with a mortgage | 67% |
| Top county hazard | Earthquake (Relatively Low) |
| Active NFIP policies in Sharp County | 57 |
| 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)