Home Insurance in Luray, Kansas
The median home value in Luray is $94,300, 21% lower than the Russell County median.
Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild. The typical home in Luray was built around 1955. About 63% of homes were built before 1960, about 7 points above Russell County's 56%.
The housing stock in Luray is 82% single-family homes, 10% apartments in buildings with 5+ units and 3% mobile or manufactured homes.
27% of owner-occupied homes in Luray carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
The vacancy rate is 40%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 90% of occupied homes in Luray are owner-occupied.
Most homes in Luray - 87% - are primarily heated with natural gas. Homes heated with wood can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies.
FEMA rates Russell County's overall risk as Very Low, led by hail (Relatively Low). Russell County had 3 active NFIP flood policies as of September 2026. See the full Russell 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 Kansas carries a statewide average premium of $1,733 per year.
Key figures
| Median home value | $94,300 |
|---|---|
| Median year built | 1955 |
| Owner-occupied share | 90% |
| Share of owner-occupied homes with a mortgage | 27% |
| Top county hazard | Hail (Relatively Low) |
| Active NFIP policies in Russell 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)