Home Insurance in Asheboro, North Carolina
The median home value in Asheboro is $188,100, close to the Randolph County median.
The typical home in Asheboro was built around 1981. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them. About 24% of homes were built before 1960, about 6 points above Randolph County's 18%.
In Asheboro, the housing stock is 56% single-family homes, 21% apartments in buildings with 5+ units and 6% mobile or manufactured homes. The rest are 2-4 unit or other housing types. Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy.
In Asheboro, about 56% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
Asheboro has an owner-occupancy rate of 45% and a vacancy rate of 6%; unoccupied homes typically need a different coverage form.
70% of homes in Asheboro are primarily heated with electricity.
Randolph County's top FEMA-rated hazard is tornado (Relatively Moderate), per FEMA's National Risk Index. Randolph County had 111 active NFIP flood policies as of September 2026. See the full Randolph 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 | $188,100 |
|---|---|
| Median year built | 1981 |
| Owner-occupied share | 45% |
| Share of owner-occupied homes with a mortgage | 56% |
| Top county hazard | Tornado (Relatively Moderate) |
| Active NFIP policies in Randolph County | 111 |
| 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)