Home Insurance in Glenwood, Iowa

The median home value in Glenwood is $206,200, 13% lower than the Mills County median.

Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them. The typical home in Glenwood was built around 1971. About 31% of homes were built before 1960, about 6 points below Mills County's 37%.

The housing stock in Glenwood is 76% single-family homes and 10% apartments in buildings with 5+ units. The rest are 2-4 unit or other housing types.

In Glenwood, about 66% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.

About 76% of occupied homes in Glenwood are owner-occupied. The vacancy rate is 8%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy.

In Glenwood, 80% of homes are primarily heated with natural gas.

Mills County had 71 active NFIP flood policies as of September 2026. Its top FEMA-rated hazard is hail (Relatively Low). See the full Mills 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$206,200
Median year built1971
Owner-occupied share76%
Share of owner-occupied homes with a mortgage66%
Top county hazardHail (Relatively Low)
Active NFIP policies in Mills County71
Home insurance premium$1,342 - statewide average (NAIC, 2023 data)
Key home insurance figures for Glenwood, IA

Nearby towns

Sources

Data last updated: 2026-09-29