Home Insurance in Martinton, Illinois
With a median home value of $105,000, Martinton is 24% lower than the Iroquois County median.
Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them. The median home in Martinton was built in 1939 or earlier. About 67% of homes were built before 1960, about 17 points above Iroquois County's 50%.
In Martinton, the housing stock is 98% single-family homes and 2% mobile or manufactured homes.
In Martinton, about 67% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
About 93% of occupied homes in Martinton are owner-occupied. The vacancy rate is 18%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy.
80% of homes in Martinton are primarily heated with natural gas.
What's the biggest home insurance risk near Martinton? FEMA's National Risk Index points to inland flooding (Relatively Moderate) in Iroquois County and Iroquois County had 255 active NFIP flood policies as of September 2026. See the full Iroquois County home insurance overview for all FEMA hazard ratings and flood coverage details. Flood 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 | $105,000 |
|---|---|
| Median year built | 1939 or earlier |
| Owner-occupied share | 93% |
| Share of owner-occupied homes with a mortgage | 67% |
| Top county hazard | Inland Flooding (Relatively Moderate) |
| Active NFIP policies in Iroquois County | 255 |
| 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)