Home Insurance in Sharon, Oklahoma
The typical home in Sharon was built around 1989. Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild. About 26% of homes were built before 1960, about 1 point above Woodward County's 24%.
The housing stock in Sharon is 69% single-family homes and 31% mobile or manufactured homes. Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy.
About 15% of owner-occupied homes in Sharon have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
Sharon has an owner-occupancy rate of 49% and a vacancy rate of 26%; unoccupied homes typically need a different coverage form.
Most homes in Sharon - 95% - are primarily heated with natural gas.
What's the biggest home insurance risk near Sharon? FEMA's National Risk Index points to wildfire (Relatively Moderate) in Woodward County and Woodward County had 74 active NFIP flood policies as of September 2026. See the full Woodward 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 year built | 1989 |
|---|---|
| Owner-occupied share | 49% |
| Share of owner-occupied homes with a mortgage | 15% |
| Top county hazard | Wildfire (Relatively Moderate) |
| Active NFIP policies in Woodward County | 74 |
| 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)