Home Insurance in New Albin, Iowa
The median home value in New Albin is $134,600, 22% lower than the Allamakee County median.
The median home in New Albin was built in 1939 or earlier. About 58% of homes were built before 1960, about 19 points above Allamakee County's 39%. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing.
In New Albin, the housing stock is 95% single-family homes, 3% apartments in buildings with 5+ units and 3% mobile or manufactured homes.
In New Albin, about 37% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
New Albin has an owner-occupancy rate of 68% and a vacancy rate of 9%; unoccupied homes typically need a different coverage form.
Most homes in New Albin - 51% - are primarily heated with propane. Homes heated with propane, fuel oil and wood can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies.
Allamakee County's top FEMA-rated hazard is hail (Relatively Moderate), per FEMA's National Risk Index. Allamakee County had 33 active NFIP flood policies as of September 2026. See the full Allamakee 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 Iowa is $1,342 per year, according to the NAIC homeowners insurance report (2023 data).
Key figures
| Median home value | $134,600 |
|---|---|
| Median year built | 1939 or earlier |
| Owner-occupied share | 68% |
| Share of owner-occupied homes with a mortgage | 37% |
| Top county hazard | Hail (Relatively Moderate) |
| Active NFIP policies in Allamakee County | 33 |
| Home insurance premium | $1,342 - 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)