Home Insurance in Oceana, West Virginia
The median home value in Oceana is $66,900, 19% lower than the Wyoming County median.
The typical home in Oceana was built around 1972. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. About 32% of homes were built before 1960, about 2 points below Wyoming County's 34%.
The housing stock in Oceana is 60% single-family homes, 9% apartments in buildings with 5+ units and 26% mobile or manufactured homes. Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy.
In Oceana, about 34% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
Oceana has an owner-occupancy rate of 60% and a vacancy rate of 20%; unoccupied homes typically need a different coverage form.
In Oceana, 69% of homes are primarily heated with electricity.
What's the biggest home insurance risk near Oceana? FEMA's National Risk Index points to inland flooding (Relatively Moderate) in Wyoming County and Wyoming County had 233 active NFIP flood policies as of September 2026. See the full Wyoming County home insurance overview for all FEMA hazard ratings and flood coverage details. Flood damage is excluded from a standard homeowners policy.
The statewide average premium for a standard HO-3 homeowners policy in West Virginia is $1,179 per year, according to the NAIC homeowners insurance report (2023 data).
Key figures
| Median home value | $66,900 |
|---|---|
| Median year built | 1972 |
| Owner-occupied share | 60% |
| Share of owner-occupied homes with a mortgage | 34% |
| Top county hazard | Inland Flooding (Relatively Moderate) |
| Active NFIP policies in Wyoming County | 233 |
| Home insurance premium | $1,179 - 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)