Home Insurance in Monroe Center, Illinois
The median home value in Monroe Center is $164,700, 13% lower than the Ogle County median.
Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. The typical home in Monroe Center was built around 1962. About 47% of homes were built before 1960, about 12 points above Ogle County's 35%.
The housing stock in Monroe Center is 89% single-family homes, 5% apartments in buildings with 5+ units and 1% mobile or manufactured homes.
About 68% of owner-occupied homes in Monroe Center have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
Monroe Center has an owner-occupancy rate of 81% and a vacancy rate of 2%; unoccupied homes typically need a different coverage form.
In Monroe Center, 80% of homes are primarily heated with natural gas. Homes heated with propane can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies.
Ogle County's top FEMA-rated hazard is hail (Relatively Moderate), per FEMA's National Risk Index. Ogle County had 151 active NFIP flood policies as of September 2026. See the full Ogle County home insurance overview for all FEMA hazard ratings and flood coverage details.
The statewide average premium for a standard HO-3 homeowners policy in Illinois is $1,480 per year, according to the NAIC homeowners insurance report (2023 data).
Key figures
| Median home value | $164,700 |
|---|---|
| Median year built | 1962 |
| Owner-occupied share | 81% |
| Share of owner-occupied homes with a mortgage | 68% |
| Top county hazard | Hail (Relatively Moderate) |
| Active NFIP policies in Ogle County | 151 |
| 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)