Home Insurance in Walnut, Iowa
Homes in Walnut carry a median value of $115,900 - 41% lower than the Pottawattamie County median.
Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them. The typical home in Walnut was built around 1943. About 67% of homes were built before 1960, about 24 points above Pottawattamie County's 43%.
In Walnut, the housing stock is 83% single-family homes, 11% apartments in buildings with 5+ units and 2% mobile or manufactured homes.
42% of owner-occupied homes in Walnut carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
The vacancy rate is 14%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 72% of occupied homes in Walnut are owner-occupied.
In Walnut, 71% of homes are primarily heated with natural gas.
Pottawattamie County's top FEMA-rated hazard is hail (Relatively High), per FEMA's National Risk Index. Pottawattamie County had 657 active NFIP flood policies as of September 2026. See the full Pottawattamie 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 | $115,900 |
|---|---|
| Median year built | 1943 |
| Owner-occupied share | 72% |
| Share of owner-occupied homes with a mortgage | 42% |
| Top county hazard | Hail (Relatively High) |
| Active NFIP policies in Pottawattamie County | 657 |
| 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)