Home Insurance in Ely, Nevada
Homes in Ely carry a median value of $233,700 - 6% higher than the White Pine County median.
The typical home in Ely was built around 1958. About 54% of homes were built before 1960, about 12 points above White Pine County's 42%. Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild.
In Ely, the housing stock is 79% single-family homes, 1% apartments in buildings with 5+ units and 6% mobile or manufactured homes. The rest are 2-4 unit or other housing types. Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy.
47% of owner-occupied homes in Ely carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
The vacancy rate is 20%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 65% of occupied homes in Ely are owner-occupied.
Most homes in Ely - 73% - are primarily heated with electricity. Homes heated with propane can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies.
White Pine County's top FEMA-rated hazard is winter weather (Relatively High), per FEMA's National Risk Index. White Pine County had 81 active NFIP flood policies as of September 2026. See the full White Pine County home insurance overview for all FEMA hazard ratings and flood coverage details.
In Nevada, the statewide average premium for a standard HO-3 homeowners policy is $1,013 per year (NAIC, 2023 data).
Key figures
| Median home value | $233,700 |
|---|---|
| Median year built | 1958 |
| Owner-occupied share | 65% |
| Share of owner-occupied homes with a mortgage | 47% |
| Top county hazard | Winter Weather (Relatively High) |
| Active NFIP policies in White Pine County | 81 |
| Home insurance premium | $1,013 - 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)