Home Insurance in Durham, North Carolina
The median home value in Durham is $392,800, close to the Durham County median.
The typical home in Durham was built around 1995. About 14% of homes were built before 1960, in line with Durham County (14%). Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild.
In Durham, the housing stock is 61% single-family homes, 31% apartments in buildings with 5+ units and 1% mobile or manufactured homes.
About 71% of owner-occupied homes in Durham have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
Durham has an owner-occupancy rate of 52% and a vacancy rate of 8%; unoccupied homes typically need a different coverage form.
59% of homes in Durham are primarily heated with electricity.
What's the biggest home insurance risk near Durham? FEMA's National Risk Index points to tornado (Relatively High) in Durham County and Durham County had 1,319 active NFIP flood policies as of September 2026. See the full Durham 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 North Carolina carries a statewide average premium of $1,852 per year.
Key figures
| Median home value | $392,800 |
|---|---|
| Median year built | 1995 |
| Owner-occupied share | 52% |
| Share of owner-occupied homes with a mortgage | 71% |
| Top county hazard | Tornado (Relatively High) |
| Active NFIP policies in Durham County | 1,319 |
| 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)