Home Insurance in Nicoma Park, Oklahoma
With a median home value of $162,100, Nicoma Park is 27% lower than the Oklahoma County median.
The typical home in Nicoma Park was built around 1975. About 29% of homes were built before 1960, about 6 points above Oklahoma County's 24%. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing.
Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy. The housing stock in Nicoma Park is 77% single-family homes, 1% apartments in buildings with 5+ units and 20% mobile or manufactured homes.
In Nicoma Park, about 42% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
Nicoma Park has an owner-occupancy rate of 81% and a vacancy rate of 11%; unoccupied homes typically need a different coverage form.
In Nicoma Park, 60% of homes are primarily heated with natural gas.
Oklahoma County had 1,482 active NFIP flood policies as of September 2026. Its top FEMA-rated hazard is hail (Very High). See the full Oklahoma 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 | $162,100 |
|---|---|
| Median year built | 1975 |
| Owner-occupied share | 81% |
| Share of owner-occupied homes with a mortgage | 42% |
| Top county hazard | Hail (Very High) |
| Active NFIP policies in Oklahoma County | 1,482 |
| 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)