Home Insurance in Fall River, Kansas
Homes in Fall River carry a median value of $39,700 - 55% lower than the Greenwood County median.
Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them. The typical home in Fall River was built around 1949. About 57% of homes were built before 1960, about 3 points above Greenwood County's 54%.
The housing stock in Fall River is 70% single-family homes, 15% apartments in buildings with 5+ units and 10% mobile or manufactured homes. Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy.
In Fall River, about 16% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
Fall River has an owner-occupancy rate of 72% and a vacancy rate of 36%; unoccupied homes typically need a different coverage form.
Homes heated with wood can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies. In Fall River, 57% of homes are primarily heated with natural gas.
FEMA rates Greenwood County's overall risk as Very Low, led by wildfire (Relatively Moderate). Greenwood County had 3 active NFIP flood policies as of September 2026. See the full Greenwood 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 Kansas is $1,733 per year, according to the NAIC homeowners insurance report (2023 data).
Key figures
| Median home value | $39,700 |
|---|---|
| Median year built | 1949 |
| Owner-occupied share | 72% |
| Share of owner-occupied homes with a mortgage | 16% |
| Top county hazard | Wildfire (Relatively Moderate) |
| Active NFIP policies in Greenwood County | 3 |
| Home insurance premium | $1,733 - 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)