Home Insurance in Goodman, Mississippi
Homes in Goodman carry a median value of $67,300 - 16% lower than the Holmes County median.
The typical home in Goodman was built around 1982. About 19% of homes were built before 1960, in line with Holmes County (18%). 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 Goodman is 30% single-family homes, 40% apartments in buildings with 5+ units and 10% mobile or manufactured homes. The rest are 2-4 unit or other housing types.
11% of owner-occupied homes in Goodman carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
Goodman has an owner-occupancy rate of 16% and a vacancy rate of 20%; unoccupied homes typically need a different coverage form.
64% of homes in Goodman are primarily heated with electricity.
Holmes County had 51 active NFIP flood policies as of September 2026. Its top FEMA-rated hazard is tornado (Relatively Moderate). See the full Holmes 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 Mississippi carries a statewide average premium of $2,029 per year.
Key figures
| Median home value | $67,300 |
|---|---|
| Median year built | 1982 |
| Owner-occupied share | 16% |
| Share of owner-occupied homes with a mortgage | 11% |
| Top county hazard | Tornado (Relatively Moderate) |
| Active NFIP policies in Holmes County | 51 |
| 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)