HomeInsuranceQts

Home Insurance in Midland, Texas

Homes in Midland carry a median value of $319,200 - close to the Midland County median.

Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild. The typical home in Midland was built around 1989. About 19% of homes were built before 1960, about 3 points above Midland County's 16%.

In Midland, the housing stock is 68% single-family homes, 23% apartments in buildings with 5+ units and 3% mobile or manufactured homes.

57% of owner-occupied homes in Midland carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.

The vacancy rate is 7%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 65% of occupied homes in Midland are owner-occupied.

In Midland, 52% of homes are primarily heated with natural gas.

Midland County's top FEMA-rated hazard is hail (Relatively High), per FEMA's National Risk Index. Midland County had 1,212 active NFIP flood policies as of September 2026. See the full Midland 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.

28 licensed insurance agencies are listed for this area.

Key figures

Median home value$319,200
Median year built1989
Owner-occupied share65%
Share of owner-occupied homes with a mortgage57%
Top county hazardHail (Relatively High)
Active NFIP policies in Midland County1,212
Home insurance premium$2,864 - statewide average (NAIC, 2023 data)
Key home insurance figures for Midland, TX

Licensed insurance agencies in Midland

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

Nearby towns

Sources

Data last updated: 2026-09-29