Home Insurance in Ravenna, Texas
With a median home value of $132,800, Ravenna is 43% lower than the Fannin County median.
The typical home in Ravenna was built around 1986. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. About 33% of homes were built before 1960, about 13 points above Fannin County's 20%.
Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy. The housing stock in Ravenna is 56% single-family homes and 44% mobile or manufactured homes.
In Ravenna, about 38% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
Ravenna has an owner-occupancy rate of 96% and a vacancy rate of 13%; unoccupied homes typically need a different coverage form.
In Ravenna, 48% of homes 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.
Fannin County's top FEMA-rated hazard is tornado (Relatively Moderate), per FEMA's National Risk Index. Fannin County had 146 active NFIP flood policies as of September 2026. See the full Fannin 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 Texas is $2,864 per year, according to the NAIC homeowners insurance report (2023 data).
Key figures
| Median home value | $132,800 |
|---|---|
| Median year built | 1986 |
| Owner-occupied share | 96% |
| Share of owner-occupied homes with a mortgage | 38% |
| Top county hazard | Tornado (Relatively Moderate) |
| Active NFIP policies in Fannin County | 146 |
| Home insurance premium | $2,864 - 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)