Home Insurance in Woodward, Iowa

Homes in Woodward carry a median value of $179,900 - 49% lower than the Dallas County median.

The typical home in Woodward was built around 1958. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. About 52% of homes were built before 1960, about 39 points above Dallas County's 13%.

The housing stock in Woodward is 82% single-family homes, 9% apartments in buildings with 5+ units and 3% mobile or manufactured homes. Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy.

In Woodward, about 62% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.

Woodward has an owner-occupancy rate of 77% and a vacancy rate of 9%; unoccupied homes typically need a different coverage form.

75% of homes in Woodward are primarily heated with natural gas.

What's the biggest home insurance risk near Woodward? FEMA's National Risk Index points to tornado (Relatively Moderate) in Dallas County and Dallas County had 91 active NFIP flood policies as of September 2026. See the full Dallas 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 Iowa carries a statewide average premium of $1,342 per year.

Key figures

Median home value$179,900
Median year built1958
Owner-occupied share77%
Share of owner-occupied homes with a mortgage62%
Top county hazardTornado (Relatively Moderate)
Active NFIP policies in Dallas County91
Home insurance premium$1,342 - statewide average (NAIC, 2023 data)
Key home insurance figures for Woodward, IA

Nearby towns

Sources

Data last updated: 2026-09-29