Home Insurance in Granville, Illinois
The median home value in Granville is $142,500, 17% lower than the Putnam County median.
The typical home in Granville was built around 1957. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. About 53% of homes were built before 1960, about 18 points above Putnam County's 35%.
The housing stock in Granville is 87% single-family homes and 1% mobile or manufactured homes. The rest are 2-4 unit or other housing types.
46% of owner-occupied homes in Granville carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
Granville has an owner-occupancy rate of 81% and a vacancy rate of 14%; unoccupied homes typically need a different coverage form.
85% of homes in Granville are primarily heated with natural gas.
Putnam County's top FEMA-rated hazard is strong wind (Relatively Low), per FEMA's National Risk Index. Putnam County had 11 active NFIP flood policies as of September 2026. See the full Putnam 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 | $142,500 |
|---|---|
| Median year built | 1957 |
| Owner-occupied share | 81% |
| Share of owner-occupied homes with a mortgage | 46% |
| Top county hazard | Strong Wind (Relatively Low) |
| Active NFIP policies in Putnam County | 11 |
| 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)