Home Insurance in Homecroft, Indiana
The median home value in Homecroft is $231,600, close to the Marion County median.
The typical home in Homecroft was built around 1951. About 87% of homes were built before 1960, about 54 points above Marion County's 33%. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing.
The housing stock in Homecroft is 100% single-family homes.
About 70% of owner-occupied homes in Homecroft have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
Homecroft has an owner-occupancy rate of 97% and a vacancy rate of 1%; unoccupied homes typically need a different coverage form.
85% of homes in Homecroft are primarily heated with natural gas.
Marion County had 2,381 active NFIP flood policies as of September 2026. Its top FEMA-rated hazard is tornado (Very High). See the full Marion 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 Indiana carries a statewide average premium of $1,259 per year.
Key figures
| Median home value | $231,600 |
|---|---|
| Median year built | 1951 |
| Owner-occupied share | 97% |
| Share of owner-occupied homes with a mortgage | 70% |
| Top county hazard | Tornado (Very High) |
| Active NFIP policies in Marion County | 2,381 |
| Home insurance premium | $1,259 - 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)