Home Insurance in Ketchum, Oklahoma
Homes in Ketchum carry a median value of $203,800 - 35% higher than the Craig County median.
The typical home in Ketchum was built around 1988. Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild. About 22% of homes were built before 1960, about 11 points below Craig County's 33%.
In Ketchum, the housing stock is 68% single-family homes, 6% apartments in buildings with 5+ units and 20% mobile or manufactured homes. Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy.
About 30% of owner-occupied homes in Ketchum have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
Ketchum has an owner-occupancy rate of 66% and a vacancy rate of 23%; unoccupied homes typically need a different coverage form.
Homes heated with propane and wood can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies. Most homes in Ketchum - 65% - are primarily heated with electricity.
What's the biggest home insurance risk near Ketchum? FEMA's National Risk Index points to tornado (Relatively Moderate) in Craig County and Craig County had 22 active NFIP flood policies as of September 2026. See the full Craig County home insurance overview for all FEMA hazard ratings and flood coverage details.
According to the NAIC homeowners insurance report (2023 data), a standard HO-3 homeowners policy in Oklahoma carries a statewide average premium of $2,486 per year.
Key figures
| Median home value | $203,800 |
|---|---|
| Median year built | 1988 |
| Owner-occupied share | 66% |
| Share of owner-occupied homes with a mortgage | 30% |
| Top county hazard | Tornado (Relatively Moderate) |
| Active NFIP policies in Craig County | 22 |
| 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)