Home Insurance in College Park, Georgia

The median home value in College Park is $325,800, 29% lower than the Fulton County median.

The typical home in College Park was built around 1972. About 24% of homes were built before 1960, about 9 points above Fulton County's 15%. Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild.

In College Park, the housing stock is 30% single-family homes and 59% apartments in buildings with 5+ units. The rest are 2-4 unit or other housing types.

72% of owner-occupied homes in College Park carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.

About 21% of occupied homes in College Park are owner-occupied. The vacancy rate is 16%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy.

57% of homes in College Park are primarily heated with electricity.

What's the biggest home insurance risk near College Park? FEMA's National Risk Index points to inland flooding (Relatively High) in Fulton County and Fulton County had 3,208 active NFIP flood policies as of September 2026. See the full Fulton County home insurance overview for all FEMA hazard ratings and flood coverage details. Flood damage is excluded from a standard homeowners policy.

The statewide average premium for a standard HO-3 homeowners policy in Georgia is $1,828 per year, according to the NAIC homeowners insurance report (2023 data).

Key figures

Median home value$325,800
Median year built1972
Owner-occupied share21%
Share of owner-occupied homes with a mortgage72%
Top county hazardInland Flooding (Relatively High)
Active NFIP policies in Fulton County3,208
Home insurance premium$1,828 - statewide average (NAIC, 2023 data)
Key home insurance figures for College Park, GA

Nearby towns

Sources

Data last updated: 2026-09-29