Home Insurance in Syracuse, Missouri

Homes in Syracuse carry a median value of $83,800 - 57% lower than the Morgan County median.

The median home in Syracuse was built in 1939 or earlier. About 82% of homes were built before 1960, about 64 points above Morgan County's 18%. Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild.

In Syracuse, the housing stock is 75% single-family homes and 24% mobile or manufactured homes. Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy.

About 54% of owner-occupied homes in Syracuse have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.

The vacancy rate is 7%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 55% of occupied homes in Syracuse are owner-occupied.

In Syracuse, 37% of homes are primarily heated with electricity. Homes heated with propane and wood can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies.

Morgan County had 77 active NFIP flood policies as of September 2026. Its top FEMA-rated hazard is inland flooding (Relatively Moderate). See the full Morgan County home insurance overview for all FEMA hazard ratings and flood coverage details. Flood damage is excluded from a standard homeowners policy.

In Missouri, the statewide average premium for a standard HO-3 homeowners policy is $1,589 per year (NAIC, 2023 data).

Key figures

Median home value$83,800
Median year built1939 or earlier
Owner-occupied share55%
Share of owner-occupied homes with a mortgage54%
Top county hazardInland Flooding (Relatively Moderate)
Active NFIP policies in Morgan County77
Home insurance premium$1,589 - statewide average (NAIC, 2023 data)
Key home insurance figures for Syracuse, MO

Nearby towns

Sources

Data last updated: 2026-09-29