Home Insurance in Pella, Iowa

Homes in Pella carry a median value of $292,700 - 26% higher than the Marion County median.

The typical home in Pella was built around 1976. About 23% of homes were built before 1960, about 8 points below Marion County's 30%. Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild.

Housing in Pella breaks down to 72% single-family homes, 18% apartments in buildings with 5+ units and 1% mobile or manufactured homes.

In Pella, about 65% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.

About 62% of occupied homes in Pella are owner-occupied. The vacancy rate is 7%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy.

76% of homes in Pella are primarily heated with natural gas.

Marion County's top FEMA-rated hazard is tornado (Relatively Moderate), per FEMA's National Risk Index. Marion County had 9 active NFIP flood policies as of September 2026. See the full Marion County home insurance overview for all FEMA hazard ratings and flood coverage details.

According to the NAIC homeowners insurance report (2023 data), a standard HO-3 homeowners policy in Iowa carries a statewide average premium of $1,342 per year.

Key figures

Median home value$292,700
Median year built1976
Owner-occupied share62%
Share of owner-occupied homes with a mortgage65%
Top county hazardTornado (Relatively Moderate)
Active NFIP policies in Marion County9
Home insurance premium$1,342 - statewide average (NAIC, 2023 data)
Key home insurance figures for Pella, IA

Nearby towns

Sources

Data last updated: 2026-09-29