Home Insurance in Statesville, North Carolina
The median home value in Statesville is $248,000, 23% lower than the Iredell County median.
Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. The typical home in Statesville was built around 1982. About 25% of homes were built before 1960, about 13 points above Iredell County's 12%.
In Statesville, the housing stock is 69% single-family homes, 19% apartments in buildings with 5+ units and 1% mobile or manufactured homes. The rest are 2-4 unit or other housing types.
64% of owner-occupied homes in Statesville carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
About 52% of occupied homes in Statesville are owner-occupied. The vacancy rate is 9%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy.
55% of homes in Statesville are primarily heated with electricity.
FEMA rates Iredell County's overall risk as Relatively Low, led by inland flooding (Relatively Moderate). Iredell County had 163 active NFIP flood policies as of September 2026. See the full Iredell 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 | $248,000 |
|---|---|
| Median year built | 1982 |
| Owner-occupied share | 52% |
| Share of owner-occupied homes with a mortgage | 64% |
| Top county hazard | Inland Flooding (Relatively Moderate) |
| Active NFIP policies in Iredell County | 163 |
| 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)