Home Insurance in Cooleemee, North Carolina
The median home value in Cooleemee is $144,600, 43% lower than the Davie County median.
The median home in Cooleemee was built in 1939 or earlier. About 76% of homes were built before 1960, about 62 points above Davie County's 14%. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing.
In Cooleemee, the housing stock is 94% single-family homes and 4% mobile or manufactured homes. Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy.
59% of owner-occupied homes in Cooleemee carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
Cooleemee has an owner-occupancy rate of 75% and a vacancy rate of 18%; unoccupied homes typically need a different coverage form.
In Cooleemee, 47% of homes are primarily heated with electricity.
Davie County's top FEMA-rated hazard is hurricane (Relatively Low), per FEMA's National Risk Index. Davie County had 60 active NFIP flood policies as of September 2026. See the full Davie County home insurance overview for all FEMA hazard ratings and flood coverage details.
The statewide average premium for a standard HO-3 homeowners policy in North Carolina is $1,852 per year, according to the NAIC homeowners insurance report (2023 data).
Key figures
| Median home value | $144,600 |
|---|---|
| Median year built | 1939 or earlier |
| Owner-occupied share | 75% |
| Share of owner-occupied homes with a mortgage | 59% |
| Top county hazard | Hurricane (Relatively Low) |
| Active NFIP policies in Davie County | 60 |
| 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)