Home Insurance in Mustang, Oklahoma
The median home value in Mustang is $239,200, close to the Canadian County median.
The typical home in Mustang was built around 1992. About 2% of homes were built before 1960, about 6 points below Canadian County's 8%. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them.
The housing stock in Mustang is 91% single-family homes, 6% apartments in buildings with 5+ units and 1% mobile or manufactured homes.
In Mustang, about 67% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
About 76% of occupied homes in Mustang are owner-occupied. The vacancy rate is 6%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy.
60% of homes in Mustang are primarily heated with natural gas.
Canadian County's top FEMA-rated hazard is hail (Relatively High), per FEMA's National Risk Index. Canadian County had 257 active NFIP flood policies as of September 2026. See the full Canadian 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 Oklahoma is $2,486 per year, according to the NAIC homeowners insurance report (2023 data).
Key figures
| Median home value | $239,200 |
|---|---|
| Median year built | 1992 |
| Owner-occupied share | 76% |
| Share of owner-occupied homes with a mortgage | 67% |
| Top county hazard | Hail (Relatively High) |
| Active NFIP policies in Canadian County | 257 |
| Home insurance premium | $2,486 - 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)