Home Insurance in Lambs Grove, Iowa
The median home value in Lambs Grove is $200,000, 7% higher than the Jasper County median.
The typical home in Lambs Grove was built around 1956. Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild. About 58% of homes were built before 1960, about 15 points above Jasper County's 43%.
In Lambs Grove, the housing stock is 100% single-family homes.
50% of owner-occupied homes in Lambs Grove carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
About 94% of occupied homes in Lambs Grove are owner-occupied.
Most homes in Lambs Grove - 89% - are primarily heated with natural gas.
What's the biggest home insurance risk near Lambs Grove? FEMA's National Risk Index points to strong wind (Relatively Moderate) in Jasper County and Jasper County had 34 active NFIP flood policies as of September 2026. See the full Jasper County home insurance overview for all FEMA hazard ratings and flood coverage details.
In Iowa, the statewide average premium for a standard HO-3 homeowners policy is $1,342 per year (NAIC, 2023 data).
Key figures
| Median home value | $200,000 |
|---|---|
| Median year built | 1956 |
| Owner-occupied share | 94% |
| Share of owner-occupied homes with a mortgage | 50% |
| Top county hazard | Strong Wind (Relatively Moderate) |
| Active NFIP policies in Jasper County | 34 |
| 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)