Home Insurance in Sharpsburg, Iowa
The median home value in Sharpsburg is $95,000, 19% lower than the Taylor County median.
The median home in Sharpsburg was built in 1939 or earlier. About 73% of homes were built before 1960, about 17 points above Taylor County's 57%. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing.
In Sharpsburg, the housing stock is 91% single-family homes and 9% mobile or manufactured homes. Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy.
In Sharpsburg, about 53% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
Sharpsburg has an owner-occupancy rate of 94% and a vacancy rate of 24%; unoccupied homes typically need a different coverage form.
Most homes in Sharpsburg - 62% - are primarily heated with propane. Homes heated with propane can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies.
What's the biggest home insurance risk near Sharpsburg? FEMA's National Risk Index points to hail (Relatively Low) in Taylor County and Taylor County has no active NFIP flood policies on file. See the full Taylor 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 | $95,000 |
|---|---|
| Median year built | 1939 or earlier |
| Owner-occupied share | 94% |
| Share of owner-occupied homes with a mortgage | 53% |
| Top county hazard | Hail (Relatively Low) |
| 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)