Home Insurance in Marshall County, Iowa
The median home value in Marshall County is $145,500, 30% lower than the Iowa median.
Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild. The typical home in Marshall County was built around 1958. About 53% of homes were built before 1960, about 16 points above Iowa's 38%.
In Marshall County, the housing stock is 81% single-family homes, 9% apartments in buildings with 5+ units and 3% mobile or manufactured homes.
About 55% of owner-occupied homes in Marshall County have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
Marshall County has an owner-occupancy rate of 75% and a vacancy rate of 9%; unoccupied homes typically need a different coverage form.
Most homes in Marshall County - 58% - are primarily heated with natural gas. Homes heated with propane can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies.
FEMA's National Risk Index lists strong wind (Relatively High), winter weather (Relatively Moderate) and tornado (Relatively Moderate) as the leading hazards for Marshall County.
As of September 2026, Marshall County has 28 active NFIP flood insurance policies. Standard homeowners insurance does not cover flood damage, so flood coverage needs a separate NFIP or private flood policy.
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 | $145,500 |
|---|---|
| Median year built | 1958 |
| Owner-occupied share | 75% |
| Share of owner-occupied homes with a mortgage | 55% |
| Top hazards (FEMA National Risk Index) | Strong Wind (Relatively High), Winter Weather (Relatively Moderate), Tornado (Relatively Moderate) |
| Active NFIP flood policies (county) | 28 |
| Home insurance premium | $1,342 - statewide average (NAIC, 2023 data) |
Towns and cities
- Albion
- Ferguson
- Haverhill
- Laurel
- Le Grand
- Liscomb
- Marshalltown
- Melbourne
- Rhodes
- St. Anthony
- State Center
Smaller communities
-
Clemons
- Median home value: $96,400
- Median year built: 1939 or earlier
- Owner-occupied share: 86%
-
Gilman
- Median home value: $88,700
- Median year built: 1954
- Owner-occupied share: 86%
Sources
- 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)