Home Insurance in Lankin, North Dakota
Homes in Lankin carry a median value of $70,000 - 47% lower than the Walsh County median.
The typical home in Lankin was built around 1950. About 72% of homes were built before 1960, about 38 points above Walsh County's 34%. Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild.
In Lankin, the housing stock is 97% single-family homes and 3% mobile or manufactured homes. Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy.
6% of owner-occupied homes in Lankin carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
Lankin has an owner-occupancy rate of 60% and a vacancy rate of 12%; 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. In Lankin, 55% of homes are primarily heated with propane.
What's the biggest home insurance risk near Lankin? FEMA's National Risk Index points to winter weather (Relatively High) in Walsh County and 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.
The statewide average premium for a standard HO-3 homeowners policy in North Dakota is $1,414 per year, according to the NAIC homeowners insurance report (2023 data).
Key figures
| Median home value | $70,000 |
|---|---|
| Median year built | 1950 |
| Owner-occupied share | 60% |
| Share of owner-occupied homes with a mortgage | 6% |
| 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)