Home Insurance in Blooming Prairie, Minnesota
With a median home value of $161,300, Blooming Prairie is 34% lower than the Steele County median.
The typical home in Blooming Prairie was built around 1965. Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild. About 48% of homes were built before 1960, about 14 points above Steele County's 33%.
Housing in Blooming Prairie breaks down to 89% single-family homes and 10% apartments in buildings with 5+ units.
59% of owner-occupied homes in Blooming Prairie carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
Blooming Prairie has an owner-occupancy rate of 87% and a vacancy rate of 3%; unoccupied homes typically need a different coverage form.
88% of homes in Blooming Prairie are primarily heated with natural gas.
Steele County had 85 active NFIP flood policies as of September 2026. Its top FEMA-rated hazard is strong wind (Relatively Moderate). See the full Steele 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 | $161,300 |
|---|---|
| Median year built | 1965 |
| Owner-occupied share | 87% |
| Share of owner-occupied homes with a mortgage | 59% |
| Top county hazard | Strong Wind (Relatively Moderate) |
| Active NFIP policies in Steele County | 85 |
| 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)