Home Insurance in Olpe, Kansas

Homes in Olpe carry a median value of $163,300 - 8% higher than the Lyon County median.

The typical home in Olpe was built around 1976. About 40% of homes were built before 1960, about 3 points above Lyon County's 37%. Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild.

In Olpe, the housing stock is 75% single-family homes, 1% apartments in buildings with 5+ units and 15% mobile or manufactured homes. Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy.

About 71% of owner-occupied homes in Olpe have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.

Olpe has an owner-occupancy rate of 74% and a vacancy rate of 8%; unoccupied homes typically need a different coverage form.

Most homes in Olpe - 63% - are primarily heated with natural gas.

Lyon County's top FEMA-rated hazard is winter weather (Relatively High), per FEMA's National Risk Index. Lyon County had 40 active NFIP flood policies as of September 2026. See the full Lyon 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$163,300
Median year built1976
Owner-occupied share74%
Share of owner-occupied homes with a mortgage71%
Top county hazardWinter Weather (Relatively High)
Active NFIP policies in Lyon County40
Home insurance premium$1,733 - statewide average (NAIC, 2023 data)
Key home insurance figures for Olpe, KS

Nearby towns

Sources

Data last updated: 2026-09-29