HomeInsuranceQts

Home Insurance in Mulhall, Oklahoma

With a median home value of $93,400, Mulhall is 58% lower than the Payne County median.

Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild. The typical home in Mulhall was built around 1992. About 30% of homes were built before 1960, about 12 points above Payne County's 18%.

Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy. The housing stock in Mulhall is 72% single-family homes and 28% mobile or manufactured homes.

In Mulhall, about 63% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.

Mulhall has an owner-occupancy rate of 99% and a vacancy rate of 9%; unoccupied homes typically need a different coverage form.

In Mulhall, 70% of homes are primarily heated with natural gas.

Payne County had 124 active NFIP flood policies as of September 2026. Its top FEMA-rated hazard is hail (Relatively High). See the full Payne 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$93,400
Median year built1992
Owner-occupied share99%
Share of owner-occupied homes with a mortgage63%
Top county hazardHail (Relatively High)
Active NFIP policies in Payne County124
Home insurance premium$2,486 - statewide average (NAIC, 2023 data)
Key home insurance figures for Mulhall, OK

Nearby towns

Sources

Data last updated: 2026-09-29