Home Insurance in Fair Oaks, Oklahoma
Homes in Fair Oaks carry a median value of $168,800 - 28% lower than the Wagoner 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 Fair Oaks was built around 1968. About 6% of homes were built before 1960, in line with Wagoner County (7%).
Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy. The housing stock in Fair Oaks is 94% single-family homes and 6% mobile or manufactured homes.
50% of owner-occupied homes in Fair Oaks carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
Fair Oaks has an owner-occupancy rate of 45% and a vacancy rate of 4%; unoccupied homes typically need a different coverage form.
In Fair Oaks, 84% of homes are primarily heated with natural gas.
FEMA rates Wagoner County's overall risk as Relatively Low, led by hail (Relatively Moderate). Wagoner County had 244 active NFIP flood policies as of September 2026. See the full Wagoner 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 | $168,800 |
|---|---|
| Median year built | 1968 |
| Owner-occupied share | 45% |
| Share of owner-occupied homes with a mortgage | 50% |
| Top county hazard | Hail (Relatively Moderate) |
| Active NFIP policies in Wagoner County | 244 |
| 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)