Home Insurance in Panola County, Mississippi
Homes in Panola County carry a median value of $127,800 - 25% lower than the Mississippi median.
The typical home in Panola County was built around 1988. About 17% of homes were built before 1960, about 2 points above Mississippi's 14%. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing.
In Panola County, the housing stock is 67% single-family homes, 2% apartments in buildings with 5+ units and 26% mobile or manufactured homes. Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy.
In Panola County, about 37% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
The vacancy rate is 16%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 71% of occupied homes in Panola County are owner-occupied.
47% of homes in Panola County are primarily heated with electricity. Homes heated with propane can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies.
The top hazards for Panola County, per FEMA's National Risk Index, are strong wind (Relatively High), earthquake (Relatively Moderate) and tornado (Relatively Moderate). Standard homeowners policies exclude earthquake, so separate coverage is usually needed.
As of September 2026, Panola County has 110 active NFIP flood insurance policies. Standard homeowners insurance does not cover flood damage, so flood coverage needs a separate NFIP or private flood policy.
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 | $127,800 |
|---|---|
| Median year built | 1988 |
| Owner-occupied share | 71% |
| Share of owner-occupied homes with a mortgage | 37% |
| Top hazards (FEMA National Risk Index) | Strong Wind (Relatively High), Earthquake (Relatively Moderate), Tornado (Relatively Moderate) |
| Active NFIP flood policies (county) | 110 |
| Home insurance premium | $2,029 - statewide average (NAIC, 2023 data) |
Towns and cities
Smaller communities
-
Batesville
- Median home value: $222,400
- Median year built: 1984
- Owner-occupied share: 56%
-
Como
- Median home value: $180,600
- Median year built: 1974
- Owner-occupied share: 37%
-
Crenshaw
- Median home value: $76,600
- Median year built: 1967
- Owner-occupied share: 66%
Sources
- 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)