Home Insurance in Oakland, Nebraska
The median home value in Oakland is $151,700, close to the Burt County median.
The typical home in Oakland was built around 1950. About 60% of homes were built before 1960, about 6 points above Burt County's 54%. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them.
The housing stock in Oakland is 81% single-family homes and 11% apartments in buildings with 5+ units.
About 48% of owner-occupied homes in Oakland have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
About 73% of occupied homes in Oakland are owner-occupied. The vacancy rate is 8%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy.
72% of homes in Oakland are primarily heated with natural gas.
What's the biggest home insurance risk near Oakland? FEMA's National Risk Index points to hail (Relatively Moderate) in Burt County and Burt County had 30 active NFIP flood policies as of September 2026. See the full Burt 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 Nebraska carries a statewide average premium of $2,142 per year.
Key figures
| Median home value | $151,700 |
|---|---|
| Median year built | 1950 |
| Owner-occupied share | 73% |
| Share of owner-occupied homes with a mortgage | 48% |
| Top county hazard | Hail (Relatively Moderate) |
| Active NFIP policies in Burt County | 30 |
| Home insurance premium | $2,142 - 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)