Home Insurance in Searsboro, Iowa
With a median home value of $104,200, Searsboro is 50% lower than the Poweshiek County median.
The typical home in Searsboro was built around 1955. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. About 51% of homes were built before 1960, about 11 points above Poweshiek County's 40%.
Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy. The housing stock in Searsboro is 82% single-family homes, 4% apartments in buildings with 5+ units and 13% mobile or manufactured homes.
58% of owner-occupied homes in Searsboro carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
Searsboro has an owner-occupancy rate of 77% and a vacancy rate of 4%; unoccupied homes typically need a different coverage form.
60% of homes in Searsboro are primarily heated with propane. Homes heated with propane and wood can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies.
Poweshiek County's top FEMA-rated hazard is strong wind (Relatively Moderate), per FEMA's National Risk Index. Poweshiek County had 11 active NFIP flood policies as of September 2026. See the full Poweshiek 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 | $104,200 |
|---|---|
| Median year built | 1955 |
| Owner-occupied share | 77% |
| Share of owner-occupied homes with a mortgage | 58% |
| Top county hazard | Strong Wind (Relatively Moderate) |
| Active NFIP policies in Poweshiek County | 11 |
| 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)