Home Insurance in Traer, Iowa
The median home value in Traer is $151,900, close to the Tama County median.
The typical home in Traer was built around 1956. About 56% of homes were built before 1960, about 3 points above Tama County's 53%. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing.
In Traer, the housing stock is 89% single-family homes, 4% apartments in buildings with 5+ units and 2% mobile or manufactured homes.
62% of owner-occupied homes in Traer carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
About 77% of occupied homes in Traer are owner-occupied. The vacancy rate is 7%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy.
In Traer, 86% of homes are primarily heated with natural gas.
Tama County's top FEMA-rated hazard is strong wind (Relatively High), per FEMA's National Risk Index. Tama County had 43 active NFIP flood policies as of September 2026. See the full Tama 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 | $151,900 |
|---|---|
| Median year built | 1956 |
| Owner-occupied share | 77% |
| Share of owner-occupied homes with a mortgage | 62% |
| Top county hazard | Strong Wind (Relatively High) |
| Active NFIP policies in Tama County | 43 |
| 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)