HomeInsuranceQts

Home Insurance in Panora, Iowa

Homes in Panora carry a median value of $182,000 - close to the Guthrie County median.

The typical home in Panora was built around 1948. Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild. About 54% of homes were built before 1960, about 10 points above Guthrie County's 45%.

Housing in Panora breaks down to 89% single-family homes, 5% apartments in buildings with 5+ units and 2% mobile or manufactured homes.

In Panora, about 66% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.

The vacancy rate is 10%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 80% of occupied homes in Panora are owner-occupied.

74% of homes in Panora are primarily heated with natural gas.

FEMA rates Guthrie County's overall risk as Very Low, led by tornado (Relatively Low). Guthrie County had 18 active NFIP flood policies as of September 2026. See the full Guthrie 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$182,000
Median year built1948
Owner-occupied share80%
Share of owner-occupied homes with a mortgage66%
Top county hazardTornado (Relatively Low)
Active NFIP policies in Guthrie County18
Home insurance premium$1,342 - statewide average (NAIC, 2023 data)
Key home insurance figures for Panora, IA

Nearby towns

Sources

Data last updated: 2026-09-29