Home Insurance in Grundy Center, Iowa
The median home value in Grundy Center is $177,900, 11% lower than the Grundy County median.
The typical home in Grundy Center was built around 1966. About 45% of homes were built before 1960, about 3 points below Grundy County's 48%. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them.
Housing in Grundy Center breaks down to 85% single-family homes and 6% apartments in buildings with 5+ units.
In Grundy Center, about 57% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
About 80% of occupied homes in Grundy Center are owner-occupied. The vacancy rate is 4%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy.
In Grundy Center, 78% of homes are primarily heated with natural gas.
What's the biggest home insurance risk near Grundy Center? FEMA's National Risk Index points to hail (Relatively Low) in Grundy County and 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.
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 | $177,900 |
|---|---|
| Median year built | 1966 |
| Owner-occupied share | 80% |
| Share of owner-occupied homes with a mortgage | 57% |
| 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)