HomeInsuranceQts

Home Insurance in Flora, Mississippi

With a median home value of $204,800, Flora is 34% lower than the Madison County median.

Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. The typical home in Flora was built around 1973. About 32% of homes were built before 1960, about 26 points above Madison County's 6%.

In Flora, the housing stock is 51% single-family homes, 36% apartments in buildings with 5+ units and 9% mobile or manufactured homes. Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy.

42% of owner-occupied homes in Flora carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.

Flora has an owner-occupancy rate of 46% and a vacancy rate of 10%; unoccupied homes typically need a different coverage form.

In Flora, 63% of homes are primarily heated with electricity.

FEMA rates Madison County's overall risk as Relatively Moderate, led by tornado (Relatively High). Madison County had 783 active NFIP flood policies as of September 2026. See the full Madison 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$204,800
Median year built1973
Owner-occupied share46%
Share of owner-occupied homes with a mortgage42%
Top county hazardTornado (Relatively High)
Active NFIP policies in Madison County783
Home insurance premium$2,029 - statewide average (NAIC, 2023 data)
Key home insurance figures for Flora, MS

Nearby towns

Sources

Data last updated: 2026-09-29