Home Insurance in Conrad, Iowa
With a median home value of $164,700, Conrad is 17% lower than the Grundy County median.
The typical home in Conrad was built around 1972. About 35% of homes were built before 1960, about 13 points below Grundy County's 48%. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing.
The housing stock in Conrad is 70% single-family homes, 14% apartments in buildings with 5+ units and 2% mobile or manufactured homes. The rest are 2-4 unit or other housing types.
In Conrad, about 59% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
Conrad has an owner-occupancy rate of 72% and a vacancy rate of 12%; unoccupied homes typically need a different coverage form.
62% of homes in Conrad are primarily heated with natural gas.
Grundy County's top FEMA-rated hazard is hail (Relatively Low), per FEMA's National Risk Index. Grundy County had 4 active NFIP flood policies as of September 2026. See the full Grundy 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 | $164,700 |
|---|---|
| Median year built | 1972 |
| Owner-occupied share | 72% |
| Share of owner-occupied homes with a mortgage | 59% |
| Top county hazard | Hail (Relatively Low) |
| Active NFIP policies in Grundy County | 4 |
| 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)