Home Insurance in Goodfield, Illinois
The median home value in Goodfield is $246,400, 25% higher than the Woodford County median.
Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild. The typical home in Goodfield was built around 1991. About 22% of homes were built before 1960, about 14 points below Woodford County's 36%.
Housing in Goodfield breaks down to 97% single-family homes.
About 49% of owner-occupied homes in Goodfield have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
The vacancy rate is 1%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 93% of occupied homes in Goodfield are owner-occupied.
In Goodfield, 85% of homes are primarily heated with natural gas.
FEMA rates Woodford County's overall risk as Very Low, led by earthquake (Very Low). Woodford County had 104 active NFIP flood policies as of September 2026. See the full Woodford 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 | $246,400 |
|---|---|
| Median year built | 1991 |
| Owner-occupied share | 93% |
| Share of owner-occupied homes with a mortgage | 49% |
| Top county hazard | Earthquake (Very Low) |
| Active NFIP policies in Woodford County | 104 |
| 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)