Home Insurance in Masonville, Iowa
With a median home value of $65,600, Masonville is 63% lower than the Delaware County median.
The median home in Masonville was built in 1939 or earlier. About 76% of homes were built before 1960, about 32 points above Delaware County's 44%. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing.
Housing in Masonville breaks down to 98% single-family homes and 2% mobile or manufactured homes.
About 43% of owner-occupied homes in Masonville have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
Masonville has an owner-occupancy rate of 92% and a vacancy rate of 16%; unoccupied homes typically need a different coverage form.
Homes heated with propane and fuel oil can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies. Most homes in Masonville - 87% - are primarily heated with propane.
What's the biggest home insurance risk near Masonville? FEMA's National Risk Index points to hail (Relatively Moderate) in Delaware County and Delaware County had 83 active NFIP flood policies as of September 2026. See the full Delaware 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 | $65,600 |
|---|---|
| Median year built | 1939 or earlier |
| Owner-occupied share | 92% |
| Share of owner-occupied homes with a mortgage | 43% |
| Top county hazard | Hail (Relatively Moderate) |
| Active NFIP policies in Delaware County | 83 |
| 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)