Home Insurance in Grey Eagle, Minnesota
Homes in Grey Eagle carry a median value of $184,800 - 11% lower than the Todd County median.
The typical home in Grey Eagle was built around 1970. About 41% of homes were built before 1960, about 8 points above Todd County's 34%. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them.
In Grey Eagle, the housing stock is 84% single-family homes, 15% apartments in buildings with 5+ units and 1% mobile or manufactured homes.
About 37% of owner-occupied homes in Grey Eagle have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
Grey Eagle has an owner-occupancy rate of 75% and a vacancy rate of 14%; unoccupied homes typically need a different coverage form.
In Grey Eagle, 48% of homes are primarily heated with natural gas.
Todd County's top FEMA-rated hazard is wildfire (Relatively Low), per FEMA's National Risk Index. Todd County had 41 active NFIP flood policies as of September 2026. See the full Todd County home insurance overview for all FEMA hazard ratings and flood coverage details.
According to the NAIC homeowners insurance report (2023 data), a standard HO-3 homeowners policy in Minnesota carries a statewide average premium of $1,988 per year.
Key figures
| Median home value | $184,800 |
|---|---|
| Median year built | 1970 |
| Owner-occupied share | 75% |
| Share of owner-occupied homes with a mortgage | 37% |
| Top county hazard | Wildfire (Relatively Low) |
| Active NFIP policies in Todd County | 41 |
| 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)