Home Insurance in Wellsburg, Iowa
The median home value in Wellsburg is $118,500, 40% lower than the Grundy County median.
The typical home in Wellsburg was built around 1957. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. About 56% of homes were built before 1960, about 7 points above Grundy County's 48%.
The housing stock in Wellsburg is 93% single-family homes, 1% apartments in buildings with 5+ units and 3% mobile or manufactured homes.
42% of owner-occupied homes in Wellsburg carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
Wellsburg has an owner-occupancy rate of 91% and a vacancy rate of 14%; unoccupied homes typically need a different coverage form.
74% of homes in Wellsburg are primarily heated with natural gas.
Grundy County had 4 active NFIP flood policies as of September 2026. Its top FEMA-rated hazard is hail (Relatively Low). 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 | $118,500 |
|---|---|
| Median year built | 1957 |
| Owner-occupied share | 91% |
| Share of owner-occupied homes with a mortgage | 42% |
| 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)