Home Insurance in What Cheer, Iowa
The median home value in What Cheer is $49,200, 59% lower than the Keokuk County median.
The median home in What Cheer was built in 1939 or earlier. About 65% of homes were built before 1960, about 8 points above Keokuk County's 57%. Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild.
In What Cheer, the housing stock is 83% single-family homes, 1% apartments in buildings with 5+ units and 10% mobile or manufactured homes. Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy.
43% of owner-occupied homes in What Cheer carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
What Cheer has an owner-occupancy rate of 73% and a vacancy rate of 24%; unoccupied homes typically need a different coverage form.
Most homes in What Cheer - 61% - are primarily heated with natural gas.
Keokuk County's top FEMA-rated hazard is hail (Relatively Low), per FEMA's National Risk Index. Keokuk County had 5 active NFIP flood policies as of September 2026. See the full Keokuk 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 | $49,200 |
|---|---|
| Median year built | 1939 or earlier |
| Owner-occupied share | 73% |
| Share of owner-occupied homes with a mortgage | 43% |
| Top county hazard | Hail (Relatively Low) |
| Active NFIP policies in Keokuk County | 5 |
| 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)