Home Insurance in Decatur, Iowa
With a median home value of $101,000, Decatur is 11% lower than the Decatur County median.
The typical home in Decatur was built around 1977. About 15% of homes were built before 1960, about 25 points below Decatur County's 40%. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing.
The housing stock in Decatur is 62% single-family homes and 38% mobile or manufactured homes. Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy.
In Decatur, about 55% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
About 99% of occupied homes in Decatur are owner-occupied. The vacancy rate is 33%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy.
Most homes in Decatur - 59% - are primarily heated with propane. Homes heated with propane can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies.
Decatur County has no active NFIP flood policies on file. Its top FEMA-rated hazard is wildfire (Very Low). See the full Decatur County home insurance overview for all FEMA hazard ratings and flood coverage details.
In Iowa, the statewide average premium for a standard HO-3 homeowners policy is $1,342 per year (NAIC, 2023 data).
Key figures
| Median home value | $101,000 |
|---|---|
| Median year built | 1977 |
| Owner-occupied share | 99% |
| Share of owner-occupied homes with a mortgage | 55% |
| Top county hazard | Wildfire (Very Low) |
| 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)