HomeInsuranceQts

Home Insurance in Charleston, Illinois

With a median home value of $137,400, Charleston is 8% higher than the Coles County median.

The typical home in Charleston was built around 1977. About 29% of homes were built before 1960, about 11 points below Coles County's 40%. Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild.

In Charleston, the housing stock is 55% single-family homes, 29% apartments in buildings with 5+ units and 3% mobile or manufactured homes. The rest are 2-4 unit or other housing types.

In Charleston, about 45% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.

The vacancy rate is 9%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 48% of occupied homes in Charleston are owner-occupied.

Most homes in Charleston - 51% - are primarily heated with electricity.

FEMA rates Coles County's overall risk as Relatively Low, led by earthquake (Relatively Low). Coles County had 59 active NFIP flood policies as of September 2026. See the full Coles County home insurance overview for all FEMA hazard ratings and flood coverage details. Earthquake damage is excluded from a standard homeowners policy.

According to the NAIC homeowners insurance report (2023 data), a standard HO-3 homeowners policy in Illinois carries a statewide average premium of $1,480 per year.

Key figures

Median home value$137,400
Median year built1977
Owner-occupied share48%
Share of owner-occupied homes with a mortgage45%
Top county hazardEarthquake (Relatively Low)
Active NFIP policies in Coles County59
Home insurance premium$1,480 - statewide average (NAIC, 2023 data)
Key home insurance figures for Charleston, IL

Nearby towns

Sources

Data last updated: 2026-09-29