Home Insurance in South Range, Michigan
The median home value in South Range is $101,100, 37% lower than the Houghton County median.
Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them. The typical home in South Range was built around 1944. About 66% of homes were built before 1960, about 16 points above Houghton County's 50%.
In South Range, the housing stock is 87% single-family homes, 7% apartments in buildings with 5+ units and 2% mobile or manufactured homes.
About 60% of owner-occupied homes in South Range have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
About 72% of occupied homes in South Range are owner-occupied. The vacancy rate is 15%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy.
In South Range, 84% of homes are primarily heated with natural gas.
What's the biggest home insurance risk near South Range? FEMA's National Risk Index points to winter weather (Relatively High) in Houghton County and Houghton County had 9 active NFIP flood policies as of September 2026. See the full Houghton 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 Michigan is $1,110 per year, according to the NAIC homeowners insurance report (2023 data).
Key figures
| Median home value | $101,100 |
|---|---|
| Median year built | 1944 |
| Owner-occupied share | 72% |
| Share of owner-occupied homes with a mortgage | 60% |
| Top county hazard | Winter Weather (Relatively High) |
| Active NFIP policies in Houghton County | 9 |
| Home insurance premium | $1,110 - 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)