Home Insurance in Buena Vista, Virginia
With a median home value of $156,200, Buena Vista is close to the Buena Vista city median.
The typical home in Buena Vista was built around 1972. About 34% of homes were built before 1960, in line with Buena Vista city (34%). Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing.
Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy. The housing stock in Buena Vista is 84% single-family homes, 8% apartments in buildings with 5+ units and 5% mobile or manufactured homes.
In Buena Vista, about 56% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
Buena Vista has an owner-occupancy rate of 56% and a vacancy rate of 13%; unoccupied homes typically need a different coverage form.
Most homes in Buena Vista - 54% - are primarily heated with electricity.
Buena Vista city's top FEMA-rated hazard is hurricane (Very Low), per FEMA's National Risk Index. Buena Vista city had 23 active NFIP flood policies as of September 2026. See the full Buena Vista city home insurance overview for all FEMA hazard ratings and flood coverage details.
The statewide average premium for a standard HO-3 homeowners policy in Virginia is $1,537 per year, according to the NAIC homeowners insurance report (2023 data).
Key figures
| Median home value | $156,200 |
|---|---|
| Median year built | 1972 |
| Owner-occupied share | 56% |
| Share of owner-occupied homes with a mortgage | 56% |
| Top county hazard | Hurricane (Very Low) |
| Active NFIP policies in Buena Vista city | 23 |
| Home insurance premium | $1,537 - 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)