Home Insurance in Oakland, Florida
The median home value in Oakland is $557,500, 43% higher than the Orange County median.
The typical home in Oakland was built around 2009. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. About 6% of homes were built before 1960, about 3 points below Orange County's 9%.
The housing stock in Oakland is 85% single-family homes, 14% apartments in buildings with 5+ units and 1% mobile or manufactured homes.
68% of owner-occupied homes in Oakland carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
The vacancy rate is 16%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 83% of occupied homes in Oakland are owner-occupied.
97% of homes in Oakland are primarily heated with electricity.
Orange County had 16,701 active NFIP flood policies as of September 2026. Its top FEMA-rated hazard is strong wind (Very High). See the full Orange 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 Florida carries a statewide average premium of $2,779 per year.
Key figures
| Median home value | $557,500 |
|---|---|
| Median year built | 2009 |
| Owner-occupied share | 83% |
| Share of owner-occupied homes with a mortgage | 68% |
| Top county hazard | Strong Wind (Very High) |
| Active NFIP policies in Orange County | 16,701 |
| Home insurance premium | $2,779 - 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)