Home Insurance in Ellettsville, Indiana
The median home value in Ellettsville is $243,600, 15% lower than the Monroe County median.
The typical home in Ellettsville was built around 1993. About 9% of homes were built before 1960, about 8 points below Monroe County's 17%. Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild.
In Ellettsville, the housing stock is 88% single-family homes and 8% apartments in buildings with 5+ units.
About 77% of owner-occupied homes in Ellettsville have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
Ellettsville has an owner-occupancy rate of 84% and a vacancy rate of 9%; unoccupied homes typically need a different coverage form.
50% of homes in Ellettsville are primarily heated with natural gas.
FEMA rates Monroe County's overall risk as Relatively Low, led by strong wind (Relatively High). Monroe County had 188 active NFIP flood policies as of September 2026. See the full Monroe County home insurance overview for all FEMA hazard ratings and flood coverage details.
The statewide average premium for a standard HO-3 homeowners policy in Indiana is $1,259 per year, according to the NAIC homeowners insurance report (2023 data).
Key figures
| Median home value | $243,600 |
|---|---|
| Median year built | 1993 |
| Owner-occupied share | 84% |
| Share of owner-occupied homes with a mortgage | 77% |
| Top county hazard | Strong Wind (Relatively High) |
| Active NFIP policies in Monroe County | 188 |
| 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)