Home Insurance in Princeton, North Carolina
Homes in Princeton carry a median value of $215,400 - 30% lower than the Johnston County median.
Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. The typical home in Princeton was built around 1977. About 28% of homes were built before 1960, about 18 points above Johnston County's 10%.
Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy. The housing stock in Princeton is 69% single-family homes and 12% mobile or manufactured homes. The rest are 2-4 unit or other housing types.
About 73% of owner-occupied homes in Princeton have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
Princeton has an owner-occupancy rate of 50% and a vacancy rate of 15%; unoccupied homes typically need a different coverage form.
In Princeton, 79% of homes are primarily heated with electricity. Homes heated with propane can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies.
Johnston County had 543 active NFIP flood policies as of September 2026. Its top FEMA-rated hazard is winter weather (Very High). See the full Johnston County home insurance overview for all FEMA hazard ratings and flood coverage details.
In North Carolina, the statewide average premium for a standard HO-3 homeowners policy is $1,852 per year (NAIC, 2023 data).
Key figures
| Median home value | $215,400 |
|---|---|
| Median year built | 1977 |
| Owner-occupied share | 50% |
| Share of owner-occupied homes with a mortgage | 73% |
| Top county hazard | Winter Weather (Very High) |
| Active NFIP policies in Johnston County | 543 |
| 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)