Home Insurance in Hampshire, Illinois

The median home value in Hampshire is $329,800, close to the Kane County median.

The typical home in Hampshire was built around 2004. About 8% of homes were built before 1960, about 16 points below Kane County's 24%. Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild.

In Hampshire, the housing stock is 99% single-family homes.

In Hampshire, about 76% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.

About 83% of occupied homes in Hampshire are owner-occupied.

95% of homes in Hampshire are primarily heated with natural gas.

Kane County's top FEMA-rated hazard is tornado (Relatively High), per FEMA's National Risk Index. Kane County had 1,031 active NFIP flood policies as of September 2026. See the full Kane County home insurance overview for all FEMA hazard ratings and flood coverage details.

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$329,800
Median year built2004
Owner-occupied share83%
Share of owner-occupied homes with a mortgage76%
Top county hazardTornado (Relatively High)
Active NFIP policies in Kane County1,031
Home insurance premium$1,480 - statewide average (NAIC, 2023 data)
Key home insurance figures for Hampshire, IL

Nearby towns

Sources

Data last updated: 2026-09-29