Home Insurance in Fair Grove, Missouri
The median home value in Fair Grove is $214,300, close to the Greene County median.
Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. The typical home in Fair Grove was built around 1993. About 17% of homes were built before 1960, about 4 points below Greene County's 21%.
The housing stock in Fair Grove is 87% single-family homes, 4% apartments in buildings with 5+ units and 1% mobile or manufactured homes.
About 71% of owner-occupied homes in Fair Grove have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
Fair Grove has an owner-occupancy rate of 73% and a vacancy rate of 2%; unoccupied homes typically need a different coverage form.
Homes heated with propane can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies. 60% of homes in Fair Grove are primarily heated with electricity.
What's the biggest home insurance risk near Fair Grove? FEMA's National Risk Index points to winter weather (Very High) in Greene County and Greene County had 223 active NFIP flood policies as of September 2026. See the full Greene 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 Missouri is $1,589 per year, according to the NAIC homeowners insurance report (2023 data).
Key figures
| Median home value | $214,300 |
|---|---|
| Median year built | 1993 |
| Owner-occupied share | 73% |
| Share of owner-occupied homes with a mortgage | 71% |
| Top county hazard | Winter Weather (Very High) |
| Active NFIP policies in Greene County | 223 |
| Home insurance premium | $1,589 - 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)