Home Insurance in Will County, Illinois
With a median home value of $319,600, Will County is 21% higher than the Illinois median.
The typical home in Will County was built around 1992. About 15% of homes were built before 1960, about 22 points below Illinois's 38%. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing.
In Will County, the housing stock is 86% single-family homes, 8% apartments in buildings with 5+ units and 1% mobile or manufactured homes.
About 69% of owner-occupied homes in Will County have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
About 83% of occupied homes in Will County are owner-occupied. The vacancy rate is 4%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy.
In Will County, 88% of homes are primarily heated with natural gas.
FEMA's National Risk Index lists tornado (Very High), inland flooding (Relatively High) and winter weather (Relatively High) as the leading hazards for Will County.
Will County had 1,158 active National Flood Insurance Program policies as of September 2026. Standard homeowners insurance does not cover flood damage, so flood coverage needs a separate NFIP or private flood policy.
In Illinois, the statewide average premium for a standard HO-3 homeowners policy is $1,480 per year (NAIC, 2023 data).
Key figures
| Median home value | $319,600 |
|---|---|
| Median year built | 1992 |
| Owner-occupied share | 83% |
| Share of owner-occupied homes with a mortgage | 69% |
| Top hazards (FEMA National Risk Index) | Tornado (Very High), Inland Flooding (Relatively High), Winter Weather (Relatively High) |
| Active NFIP flood policies (county) | 1,158 |
| Home insurance premium | $1,480 - statewide average (NAIC, 2023 data) |
Towns and cities
- Bolingbrook
- Braidwood
- Elwood
- Frankfort
- Godley
- Homer Glen
- Lockport
- Manhattan
- Mokena
- Monee
- New Lenox
- Peotone
- Plainfield
- Rockdale
- Romeoville
- Shorewood
- Symerton
- University Park
- Wilmington
Smaller communities
-
Beecher
- Median home value: $269,500
- Median year built: 1998
- Owner-occupied share: 81%
-
Crest Hill
- Median home value: $232,900
- Median year built: 1992
- Owner-occupied share: 67%
-
Crete
- Median home value: $228,500
- Median year built: 1976
- Owner-occupied share: 90%
-
Joliet
- Median home value: $265,800
- Median year built: 1985
- Owner-occupied share: 74%
Sources
- 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)