Home Insurance in Buchanan, North Dakota
With a median home value of $227,500, Buchanan is 9% higher than the Stutsman County median.
The typical home in Buchanan was built around 1955. About 57% of homes were built before 1960, about 23 points above Stutsman County's 34%. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing.
In Buchanan, the housing stock is 100% single-family homes.
86% of owner-occupied homes in Buchanan carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
All occupied homes in Buchanan are owner-occupied.
Homes heated with propane can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies. In Buchanan, 24% of homes are primarily heated with propane.
FEMA rates Stutsman County's overall risk as Relatively Low, led by winter weather (Relatively High). Stutsman County had 69 active NFIP flood policies as of September 2026. See the full Stutsman 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 North Dakota carries a statewide average premium of $1,414 per year.
Key figures
| Median home value | $227,500 |
|---|---|
| Median year built | 1955 |
| Owner-occupied share | 100% |
| Share of owner-occupied homes with a mortgage | 86% |
| Top county hazard | Winter Weather (Relatively High) |
| Active NFIP policies in Stutsman County | 69 |
| Home insurance premium | $1,414 - 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)