Home Insurance in Hansell, Iowa

The median home value in Hansell is $75,000, 40% lower than the Franklin County median.

The typical home in Hansell was built around 1960. About 50% of homes were built before 1960, about 10 points below Franklin County's 60%. Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild.

Housing in Hansell breaks down to 98% single-family homes.

About 54% of owner-occupied homes in Hansell have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.

About 70% of occupied homes in Hansell are owner-occupied.

Most homes in Hansell - 65% - are primarily heated with propane. Homes heated with propane and wood can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies.

Franklin County had 10 active NFIP flood policies as of September 2026. Its top FEMA-rated hazard is hail (Relatively Low). See the full Franklin 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$75,000
Median year built1960
Owner-occupied share70%
Share of owner-occupied homes with a mortgage54%
Top county hazardHail (Relatively Low)
Active NFIP policies in Franklin County10
Home insurance premium$1,342 - statewide average (NAIC, 2023 data)
Key home insurance figures for Hansell, IA

Nearby towns

Sources

Data last updated: 2026-09-29