Home Insurance in Junction, Illinois
The median home value in Junction is $71,700, 14% lower than the Gallatin County median.
The typical home in Junction was built around 1975. About 32% of homes were built before 1960, about 7 points below Gallatin County's 39%. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them.
In Junction, the housing stock is 64% single-family homes, 21% apartments in buildings with 5+ units and 14% mobile or manufactured homes. Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy.
Almost no owner-occupied homes in Junction carry a mortgage.
About 68% of occupied homes in Junction are owner-occupied. The vacancy rate is 32%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy.
Homes heated with propane can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies. Most homes in Junction - 79% - are primarily heated with natural gas.
What's the biggest home insurance risk near Junction? FEMA's National Risk Index points to earthquake (Relatively Low) in Gallatin County and Gallatin County had 30 active NFIP flood policies as of September 2026. See the full Gallatin County home insurance overview for all FEMA hazard ratings and flood coverage details. Earthquake damage is excluded from a standard homeowners policy.
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 | $71,700 |
|---|---|
| Median year built | 1975 |
| Owner-occupied share | 68% |
| Share of owner-occupied homes with a mortgage | 0% |
| Top county hazard | Earthquake (Relatively Low) |
| Active NFIP policies in Gallatin County | 30 |
| Home insurance premium | $1,480 - 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)