Home Insurance in Medon, Tennessee
The median home value in Medon is $153,100, 28% lower than the Madison County median.
The typical home in Medon was built around 1986. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them. About 18% of homes were built before 1960, about 2 points above Madison County's 16%.
Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy. The housing stock in Medon is 74% single-family homes and 26% mobile or manufactured homes.
About 47% of owner-occupied homes in Medon have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
Medon has an owner-occupancy rate of 94% and a vacancy rate of 10%; unoccupied homes typically need a different coverage form.
Homes heated with propane can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies. In Medon, 47% of homes are primarily heated with electricity.
Madison County's top FEMA-rated hazard is earthquake (Relatively High), per FEMA's National Risk Index. Madison County had 221 active NFIP flood policies as of September 2026. See the full Madison County home insurance overview for all FEMA hazard ratings and flood coverage details. Earthquake damage is excluded from a standard homeowners policy.
The statewide average premium for a standard HO-3 homeowners policy in Tennessee is $1,649 per year, according to the NAIC homeowners insurance report (2023 data).
Key figures
| Median home value | $153,100 |
|---|---|
| Median year built | 1986 |
| Owner-occupied share | 94% |
| Share of owner-occupied homes with a mortgage | 47% |
| Top county hazard | Earthquake (Relatively High) |
| Active NFIP policies in Madison County | 221 |
| Home insurance premium | $1,649 - 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)