HomeInsuranceQts

Home Insurance in Austin, Texas

The median home value in Austin is $555,300, 6% higher than the Travis County median.

The typical home in Austin was built around 1994. About 8% of homes were built before 1960, about 1 point above Travis County's 7%. Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild.

In Austin, the housing stock is 49% single-family homes, 43% apartments in buildings with 5+ units and 1% mobile or manufactured homes.

About 66% of owner-occupied homes in Austin have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.

The vacancy rate is 6%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 43% of occupied homes in Austin are owner-occupied.

In Austin, 57% of homes are primarily heated with electricity.

Travis County's top FEMA-rated hazard is tornado (Very High), per FEMA's National Risk Index. Travis County had 8,671 active NFIP flood policies as of September 2026. See the full Travis County home insurance overview for all FEMA hazard ratings and flood coverage details.

In Texas, the statewide average premium for a standard HO-3 homeowners policy is $2,864 per year (NAIC, 2023 data).

414 licensed insurance agencies serve this area.

Key figures

Median home value$555,300
Median year built1994
Owner-occupied share43%
Share of owner-occupied homes with a mortgage66%
Top county hazardTornado (Very High)
Active NFIP policies in Travis County8,671
Home insurance premium$2,864 - statewide average (NAIC, 2023 data)
Key home insurance figures for Austin, TX

Licensed insurance agencies in Austin

...and 354 more licensed agencies.

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

Nearby towns

Sources

Data last updated: 2026-09-29