Home Insurance in Freedom, Oklahoma
Homes in Freedom carry a median value of $68,000 - 51% lower than the Woods County median.
The typical home in Freedom was built around 1957. Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild. About 57% of homes were built before 1960, about 6 points above Woods County's 51%.
Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy. The housing stock in Freedom is 82% single-family homes and 17% mobile or manufactured homes.
About 25% of owner-occupied homes in Freedom have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
Freedom has an owner-occupancy rate of 90% and a vacancy rate of 45%; unoccupied homes typically need a different coverage form.
58% of homes in Freedom are primarily heated with natural gas.
What's the biggest home insurance risk near Freedom? FEMA's National Risk Index points to wildfire (Relatively Low) in Woods County and Woods County had 3 active NFIP flood policies as of September 2026. See the full Woods 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 | $68,000 |
|---|---|
| Median year built | 1957 |
| Owner-occupied share | 90% |
| Share of owner-occupied homes with a mortgage | 25% |
| Top county hazard | Wildfire (Relatively Low) |
| Active NFIP policies in Woods County | 3 |
| 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)