Home Insurance in Grayville, Illinois
With a median home value of $74,200, Grayville is 31% lower than the White County median.
Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them. The typical home in Grayville was built around 1961. About 49% of homes were built before 1960, about 2 points above White County's 47%.
Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy. The housing stock in Grayville is 65% single-family homes, 6% apartments in buildings with 5+ units and 20% mobile or manufactured homes.
About 48% of owner-occupied homes in Grayville have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
Grayville has an owner-occupancy rate of 72% and a vacancy rate of 12%; unoccupied homes typically need a different coverage form.
Homes heated with wood can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies. Most homes in Grayville - 67% - are primarily heated with natural gas.
What's the biggest home insurance risk near Grayville? FEMA's National Risk Index points to earthquake (Relatively Moderate) in White County and White County had 57 active NFIP flood policies as of September 2026. See the full White County home insurance overview for all FEMA hazard ratings and flood coverage details. Earthquake damage is excluded from a standard homeowners policy.
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 | $74,200 |
|---|---|
| Median year built | 1961 |
| Owner-occupied share | 72% |
| Share of owner-occupied homes with a mortgage | 48% |
| Top county hazard | Earthquake (Relatively Moderate) |
| Active NFIP policies in White County | 57 |
| 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)