Home Insurance in Marshalltown, Iowa
With a median home value of $127,700, Marshalltown is 12% lower than the Marshall County median.
The typical home in Marshalltown was built around 1958. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them. About 54% of homes were built before 1960, in line with Marshall County (53%).
Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy. The housing stock in Marshalltown is 75% single-family homes, 14% apartments in buildings with 5+ units and 3% mobile or manufactured homes.
54% of owner-occupied homes in Marshalltown carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
Marshalltown has an owner-occupancy rate of 69% and a vacancy rate of 8%; unoccupied homes typically need a different coverage form.
In Marshalltown, 71% of homes are primarily heated with natural gas.
What's the biggest home insurance risk near Marshalltown? FEMA's National Risk Index points to strong wind (Relatively High) in Marshall County and Marshall County had 28 active NFIP flood policies as of September 2026. See the full Marshall 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 | $127,700 |
|---|---|
| Median year built | 1958 |
| Owner-occupied share | 69% |
| Share of owner-occupied homes with a mortgage | 54% |
| Top county hazard | Strong Wind (Relatively High) |
| Active NFIP policies in Marshall County | 28 |
| 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)