Home Insurance in Chisholm, Minnesota
Homes in Chisholm carry a median value of $109,200 - 51% lower than the St. Louis County median.
The typical home in Chisholm was built around 1945. About 74% of homes were built before 1960, about 26 points above St. Louis County's 48%. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing.
The housing stock in Chisholm is 83% single-family homes and 6% apartments in buildings with 5+ units. The rest are 2-4 unit or other housing types.
About 45% of owner-occupied homes in Chisholm have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
Chisholm has an owner-occupancy rate of 72% and a vacancy rate of 14%; unoccupied homes typically need a different coverage form.
In Chisholm, 80% of homes are primarily heated with natural gas.
FEMA rates St. Louis County's overall risk as Relatively Moderate, led by winter weather (Very High). St. Louis County had 343 active NFIP flood policies as of September 2026. See the full St. Louis 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 | $109,200 |
|---|---|
| Median year built | 1945 |
| Owner-occupied share | 72% |
| Share of owner-occupied homes with a mortgage | 45% |
| Top county hazard | Winter Weather (Very High) |
| Active NFIP policies in St. Louis County | 343 |
| 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)