Home Insurance in Walls, Mississippi
The median home value in Walls is $193,300, 28% lower than the DeSoto County median.
The typical home in Walls was built around 2001. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them. About 4% of homes were built before 1960, in line with DeSoto County (3%).
In Walls, the housing stock is 68% single-family homes and 26% apartments in buildings with 5+ units.
79% of owner-occupied homes in Walls carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
The vacancy rate is 8%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 48% of occupied homes in Walls are owner-occupied.
In Walls, 51% of homes are primarily heated with natural gas.
What's the biggest home insurance risk near Walls? FEMA's National Risk Index points to tornado (Relatively High) in DeSoto County and DeSoto County had 530 active NFIP flood policies as of September 2026. See the full DeSoto County home insurance overview for all FEMA hazard ratings and flood coverage details.
In Mississippi, the statewide average premium for a standard HO-3 homeowners policy is $2,029 per year (NAIC, 2023 data).
Key figures
| Median home value | $193,300 |
|---|---|
| Median year built | 2001 |
| Owner-occupied share | 48% |
| Share of owner-occupied homes with a mortgage | 79% |
| Top county hazard | Tornado (Relatively High) |
| Active NFIP policies in DeSoto County | 530 |
| Home insurance premium | $2,029 - 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)