Home Insurance in Winthrop, Minnesota
The median home value in Winthrop is $169,600, 27% lower than the Sibley 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 Winthrop was built around 1957. About 54% of homes were built before 1960, about 7 points above Sibley County's 47%.
In Winthrop, the housing stock is 88% single-family homes, 9% apartments in buildings with 5+ units and 1% mobile or manufactured homes.
In Winthrop, about 55% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
Winthrop has an owner-occupancy rate of 81% and a vacancy rate of 10%; unoccupied homes typically need a different coverage form.
Most homes in Winthrop - 88% - are primarily heated with natural gas.
Sibley County had 8 active NFIP flood policies as of September 2026. Its top FEMA-rated hazard is strong wind (Relatively Moderate). See the full Sibley County home insurance overview for all FEMA hazard ratings and flood coverage details.
In Minnesota, the statewide average premium for a standard HO-3 homeowners policy is $1,988 per year (NAIC, 2023 data).
Key figures
| Median home value | $169,600 |
|---|---|
| Median year built | 1957 |
| Owner-occupied share | 81% |
| Share of owner-occupied homes with a mortgage | 55% |
| Top county hazard | Strong Wind (Relatively Moderate) |
| Active NFIP policies in Sibley County | 8 |
| 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)