Home Insurance in Macy, Indiana

Homes in Macy carry a median value of $61,700 - 51% lower than the Miami County median.

The median home in Macy was built in 1939 or earlier. Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild. About 91% of homes were built before 1960, about 42 points above Miami County's 49%.

The housing stock in Macy is 100% single-family homes.

About 23% of owner-occupied homes in Macy have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.

About 77% of occupied homes in Macy are owner-occupied. The vacancy rate is 24%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy.

89% of homes in Macy are primarily heated with natural gas.

Miami County's top FEMA-rated hazard is strong wind (Relatively Moderate), per FEMA's National Risk Index. Miami County had 63 active NFIP flood policies as of September 2026. See the full Miami County home insurance overview for all FEMA hazard ratings and flood coverage details.

In Indiana, the statewide average premium for a standard HO-3 homeowners policy is $1,259 per year (NAIC, 2023 data).

Key figures

Median home value$61,700
Median year built1939 or earlier
Owner-occupied share77%
Share of owner-occupied homes with a mortgage23%
Top county hazardStrong Wind (Relatively Moderate)
Active NFIP policies in Miami County63
Home insurance premium$1,259 - statewide average (NAIC, 2023 data)
Key home insurance figures for Macy, IN

Nearby towns

Sources

Data last updated: 2026-09-29