Home Insurance in River Grove, Illinois
The median home value in River Grove is $241,800, 25% lower than the Cook County median.
The typical home in River Grove was built around 1963. About 44% of homes were built before 1960, about 5 points below Cook County's 49%. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing.
Housing in River Grove breaks down to 46% single-family homes and 43% apartments in buildings with 5+ units. The rest are 2-4 unit or other housing types.
61% of owner-occupied homes in River Grove carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
River Grove has an owner-occupancy rate of 56% and a vacancy rate of 8%; unoccupied homes typically need a different coverage form.
In River Grove, 90% of homes are primarily heated with natural gas.
Cook County's top FEMA-rated hazard is winter weather (Very High), per FEMA's National Risk Index. Cook County had 11,554 active NFIP flood policies as of September 2026. See the full Cook County home insurance overview for all FEMA hazard ratings and flood coverage details.
In Illinois, the statewide average premium for a standard HO-3 homeowners policy is $1,480 per year (NAIC, 2023 data).
Key figures
| Median home value | $241,800 |
|---|---|
| Median year built | 1963 |
| Owner-occupied share | 56% |
| Share of owner-occupied homes with a mortgage | 61% |
| Top county hazard | Winter Weather (Very High) |
| Active NFIP policies in Cook County | 11,554 |
| Home insurance premium | $1,480 - statewide average (NAIC, 2023 data) |
Nearby towns
- Elmwood Park
- Melrose Park
- River Forest
- Franklin Park
- Stone Park
- Schiller Park
- Maywood
- Harwood Heights
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)