Home Insurance in Larchwood, Iowa
With a median home value of $215,600, Larchwood is 6% lower than the Lyon County median.
Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. The typical home in Larchwood was built around 1975. About 32% of homes were built before 1960, about 12 points below Lyon County's 43%.
Housing in Larchwood breaks down to 85% single-family homes, 8% apartments in buildings with 5+ units and 2% mobile or manufactured homes.
68% of owner-occupied homes in Larchwood carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
Larchwood has an owner-occupancy rate of 75% and a vacancy rate of 6%; unoccupied homes typically need a different coverage form.
Homes heated with propane can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies. 71% of homes in Larchwood are primarily heated with propane.
FEMA rates Lyon County's overall risk as Very Low, led by hail (Relatively Moderate). Lyon County had 21 active NFIP flood policies as of September 2026. See the full Lyon 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 | $215,600 |
|---|---|
| Median year built | 1975 |
| Owner-occupied share | 75% |
| Share of owner-occupied homes with a mortgage | 68% |
| Top county hazard | Hail (Relatively Moderate) |
| Active NFIP policies in Lyon County | 21 |
| 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)