Home Insurance in Midland, North Carolina
The median home value in Midland is $369,100, close to the Cabarrus County median.
Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild. The typical home in Midland was built around 2010. About 2% of homes were built before 1960, about 14 points below Cabarrus County's 16%.
Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy. The housing stock in Midland is 91% single-family homes and 6% mobile or manufactured homes.
In Midland, about 86% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
Midland has an owner-occupancy rate of 84% and a vacancy rate of 1%; unoccupied homes typically need a different coverage form.
In Midland, 74% of homes are primarily heated with electricity.
FEMA rates Cabarrus County's overall risk as Relatively Moderate, led by inland flooding (Relatively Moderate). Cabarrus County had 456 active NFIP flood policies as of September 2026. See the full Cabarrus County home insurance overview for all FEMA hazard ratings and flood coverage details. Flood damage is excluded from a standard homeowners policy.
According to the NAIC homeowners insurance report (2023 data), a standard HO-3 homeowners policy in North Carolina carries a statewide average premium of $1,852 per year.
Key figures
| Median home value | $369,100 |
|---|---|
| Median year built | 2010 |
| Owner-occupied share | 84% |
| Share of owner-occupied homes with a mortgage | 86% |
| Top county hazard | Inland Flooding (Relatively Moderate) |
| Active NFIP policies in Cabarrus County | 456 |
| Home insurance premium | $1,852 - 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)