Home Insurance in Union County, North Carolina
The median home value in Union County is $417,300, 44% higher than the North Carolina median.
The typical home in Union County was built around 2000. About 7% of homes were built before 1960, about 7 points below North Carolina's 14%. Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild.
The housing stock in Union County is 89% single-family homes, 4% apartments in buildings with 5+ units and 5% mobile or manufactured homes. Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy.
In Union County, about 70% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
Union County has an owner-occupancy rate of 82% and a vacancy rate of 5%; unoccupied homes typically need a different coverage form.
Homes heated with propane can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies. 47% of homes in Union County are primarily heated with natural gas.
Per FEMA's National Risk Index, Union County's top hazards are tornado (Relatively High), inland flooding (Relatively Moderate) and strong wind (Relatively High).
Union County had 382 active National Flood Insurance Program policies as of September 2026. Standard homeowners insurance does not cover flood damage, so flood coverage needs a separate NFIP or private flood policy.
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 | $417,300 |
|---|---|
| Median year built | 2000 |
| Owner-occupied share | 82% |
| Share of owner-occupied homes with a mortgage | 70% |
| Top hazards (FEMA National Risk Index) | Tornado (Relatively High), Inland Flooding (Relatively Moderate), Strong Wind (Relatively High) |
| Active NFIP flood policies (county) | 382 |
| Home insurance premium | $1,852 - statewide average (NAIC, 2023 data) |
Towns and cities
- Fairview
- Hemby Bridge
- Indian Trail
- Lake Park
- Marshville
- Marvin
- Mineral Springs
- Monroe
- Unionville
- Weddington
- Wesley Chapel
- Wingate
Smaller communities
-
Stallings
- Median home value: $428,000
- Median year built: 2002
- Owner-occupied share: 88%
-
Waxhaw
- Median home value: $549,400
- Median year built: 2010
- Owner-occupied share: 83%
Sources
- 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)