Home Insurance in Indianola, Mississippi
The median home value in Indianola is $108,800, 8% higher than the Sunflower County median.
Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. The typical home in Indianola was built around 1971. About 28% of homes were built before 1960, about 7 points above Sunflower County's 22%.
Housing in Indianola breaks down to 80% single-family homes, 10% apartments in buildings with 5+ units and 1% mobile or manufactured homes.
In Indianola, about 42% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
The vacancy rate is 14%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 52% of occupied homes in Indianola are owner-occupied.
In Indianola, 67% of homes are primarily heated with natural gas.
What's the biggest home insurance risk near Indianola? FEMA's National Risk Index points to earthquake (Relatively Low) in Sunflower County and Sunflower County had 150 active NFIP flood policies as of September 2026. See the full Sunflower County home insurance overview for all FEMA hazard ratings and flood coverage details. Earthquake damage is excluded from a standard homeowners policy.
The statewide average premium for a standard HO-3 homeowners policy in Mississippi is $2,029 per year, according to the NAIC homeowners insurance report (2023 data).
Key figures
| Median home value | $108,800 |
|---|---|
| Median year built | 1971 |
| Owner-occupied share | 52% |
| Share of owner-occupied homes with a mortgage | 42% |
| Top county hazard | Earthquake (Relatively Low) |
| Active NFIP policies in Sunflower County | 150 |
| 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)