Home Insurance in Osceola, Indiana
With a median home value of $196,900, Osceola is close to the St. Joseph County median.
The typical home in Osceola was built around 1959. About 52% of homes were built before 1960, about 10 points above St. Joseph County's 42%. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them.
Housing in Osceola breaks down to 99% single-family homes.
69% of owner-occupied homes in Osceola carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
Osceola has an owner-occupancy rate of 83% and a vacancy rate of 2%; unoccupied homes typically need a different coverage form.
91% of homes in Osceola are primarily heated with natural gas.
FEMA rates St. Joseph County's overall risk as Relatively Moderate, led by hail (Relatively High). St. Joseph County had 260 active NFIP flood policies as of September 2026. See the full St. Joseph 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 | $196,900 |
|---|---|
| Median year built | 1959 |
| Owner-occupied share | 83% |
| Share of owner-occupied homes with a mortgage | 69% |
| Top county hazard | Hail (Relatively High) |
| Active NFIP policies in St. Joseph County | 260 |
| 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)