Home Insurance in Pharr, Texas

The median home value in Pharr is $121,900, 13% lower than the Hidalgo County median.

The typical home in Pharr was built around 2001. About 5% of homes were built before 1960, about 1 point above Hidalgo County's 4%. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing.

In Pharr, the housing stock is 61% single-family homes, 6% apartments in buildings with 5+ units and 17% mobile or manufactured homes. The rest are 2-4 unit or other housing types. Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy.

In Pharr, about 38% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.

About 59% of occupied homes in Pharr are owner-occupied. The vacancy rate is 12%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy.

In Pharr, 88% of homes are primarily heated with electricity.

Hidalgo County had 9,570 active NFIP flood policies as of September 2026. Its top FEMA-rated hazard is hurricane (Very High). See the full Hidalgo 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 Texas carries a statewide average premium of $2,864 per year.

20 licensed insurance agencies serve this area.

Key figures

Median home value$121,900
Median year built2001
Owner-occupied share59%
Share of owner-occupied homes with a mortgage38%
Top county hazardHurricane (Very High)
Active NFIP policies in Hidalgo County9,570
Home insurance premium$2,864 - statewide average (NAIC, 2023 data)
Key home insurance figures for Pharr, TX

Licensed insurance agencies in Pharr

Data source: Texas Department of Insurance - licensed agencies, https://data.texas.gov/d/3yqc-fcdt

Nearby towns

Sources

Data last updated: 2026-09-29