Home Insurance in Fairdale, North Dakota
The median home value in Fairdale is $22,500, 83% lower than the Walsh County median.
Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. The median home in Fairdale was built in 1939 or earlier. About 70% of homes were built before 1960, about 36 points above Walsh County's 34%.
In Fairdale, the housing stock is 100% single-family homes.
Almost no owner-occupied homes in Fairdale carry a mortgage.
All occupied homes in Fairdale are owner-occupied. The vacancy rate is 61%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy.
Homes heated with propane and fuel oil can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies. 44% of homes in Fairdale are primarily heated with propane.
Walsh County's top FEMA-rated hazard is winter weather (Relatively High), per FEMA's National Risk Index. Walsh County had 53 active NFIP flood policies as of September 2026. See the full Walsh County home insurance overview for all FEMA hazard ratings and flood coverage details.
In North Dakota, the statewide average premium for a standard HO-3 homeowners policy is $1,414 per year (NAIC, 2023 data).
Key figures
| Median home value | $22,500 |
|---|---|
| Median year built | 1939 or earlier |
| Owner-occupied share | 100% |
| Share of owner-occupied homes with a mortgage | 0% |
| Top county hazard | Winter Weather (Relatively High) |
| Active NFIP policies in Walsh County | 53 |
| 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)