Home Insurance in Houghton, Iowa
Homes in Houghton carry a median value of $252,800 - 79% higher than the Lee County median.
The typical home in Houghton was built around 1974. About 12% of homes were built before 1960, about 38 points below Lee County's 50%. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing.
The housing stock in Houghton is 94% single-family homes.
About 52% of owner-occupied homes in Houghton have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
Houghton has an owner-occupancy rate of 87% and a vacancy rate of 6%; unoccupied homes typically need a different coverage form.
Most homes in Houghton - 58% - are primarily heated with propane. Homes heated with propane can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies.
Lee County's top FEMA-rated hazard is hail (Relatively Moderate), per FEMA's National Risk Index. Lee County had 63 active NFIP flood policies as of September 2026. See the full Lee 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 | $252,800 |
|---|---|
| Median year built | 1974 |
| Owner-occupied share | 87% |
| Share of owner-occupied homes with a mortgage | 52% |
| Top county hazard | Hail (Relatively Moderate) |
| Active NFIP policies in Lee County | 63 |
| 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)