Home Insurance in Oviedo, Florida
The median home value in Oviedo is $454,000, 17% higher than the Seminole County median.
Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. The typical home in Oviedo was built around 1997. About 1% of homes were built before 1960, about 4 points below Seminole County's 6%.
Housing in Oviedo breaks down to 85% single-family homes, 11% apartments in buildings with 5+ units and 1% mobile or manufactured homes.
About 75% of owner-occupied homes in Oviedo have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
The vacancy rate is 5%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 77% of occupied homes in Oviedo are owner-occupied.
In Oviedo, 93% of homes are primarily heated with electricity.
FEMA rates Seminole County's overall risk as Relatively Moderate, led by tornado (Relatively High). Seminole County had 7,140 active NFIP flood policies as of September 2026. See the full Seminole 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 Florida is $2,779 per year, according to the NAIC homeowners insurance report (2023 data).
Key figures
| Median home value | $454,000 |
|---|---|
| Median year built | 1997 |
| Owner-occupied share | 77% |
| Share of owner-occupied homes with a mortgage | 75% |
| Top county hazard | Tornado (Relatively High) |
| Active NFIP policies in Seminole County | 7,140 |
| 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)