Home Insurance in Parksville, South Carolina
With a median home value of $200,000, Parksville is 19% higher than the McCormick County median.
The typical home in Parksville was built around 1952. About 65% of homes were built before 1960, about 47 points above McCormick County's 18%. Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild.
The housing stock in Parksville is 95% single-family homes and 5% mobile or manufactured homes. Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy.
About 8% of owner-occupied homes in Parksville have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
Parksville has an owner-occupancy rate of 78% and a vacancy rate of 11%; unoccupied homes typically need a different coverage form.
Most homes in Parksville - 92% - are primarily heated with electricity. Homes heated with propane can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies.
McCormick County's top FEMA-rated hazard is hurricane (Relatively Low), per FEMA's National Risk Index. McCormick County had 41 active NFIP flood policies as of September 2026. See the full McCormick 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 South Carolina carries a statewide average premium of $1,753 per year.
Key figures
| Median home value | $200,000 |
|---|---|
| Median year built | 1952 |
| Owner-occupied share | 78% |
| Share of owner-occupied homes with a mortgage | 8% |
| Top county hazard | Hurricane (Relatively Low) |
| Active NFIP policies in McCormick County | 41 |
| Home insurance premium | $1,753 - 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)