Home Insurance in Avoca, Minnesota
Homes in Avoca carry a median value of $58,800 - 68% lower than the Murray County median.
The typical home in Avoca was built around 1941. About 82% of homes were built before 1960, about 35 points above Murray County's 47%. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them.
The housing stock in Avoca is 99% single-family homes and 1% mobile or manufactured homes.
About 24% of owner-occupied homes in Avoca have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
About 85% of occupied homes in Avoca are owner-occupied. The vacancy rate is 30%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy.
47% of homes in Avoca are primarily heated with propane. Homes heated with propane and wood can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies.
Murray County's top FEMA-rated hazard is winter weather (Relatively Moderate), per FEMA's National Risk Index. Murray County had 26 active NFIP flood policies as of September 2026. See the full Murray 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 Minnesota is $1,988 per year, according to the NAIC homeowners insurance report (2023 data).
Key figures
| Median home value | $58,800 |
|---|---|
| Median year built | 1941 |
| Owner-occupied share | 85% |
| Share of owner-occupied homes with a mortgage | 24% |
| Top county hazard | Winter Weather (Relatively Moderate) |
| Active NFIP policies in Murray County | 26 |
| Home insurance premium | $1,988 - 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)