Home Insurance in Lancaster, Ohio
With a median home value of $193,900, Lancaster is 35% lower than the Fairfield County median.
Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. The typical home in Lancaster was built around 1963. About 46% of homes were built before 1960, about 21 points above Fairfield County's 25%.
The housing stock in Lancaster is 74% single-family homes, 13% apartments in buildings with 5+ units and 1% mobile or manufactured homes. The rest are 2-4 unit or other housing types.
In Lancaster, about 65% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
Lancaster has an owner-occupancy rate of 59% and a vacancy rate of 8%; unoccupied homes typically need a different coverage form.
66% of homes in Lancaster are primarily heated with natural gas.
Fairfield County had 449 active NFIP flood policies as of September 2026. Its top FEMA-rated hazard is hail (Relatively Moderate). See the full Fairfield 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 Ohio is $1,116 per year, according to the NAIC homeowners insurance report (2023 data).
Key figures
| Median home value | $193,900 |
|---|---|
| Median year built | 1963 |
| Owner-occupied share | 59% |
| Share of owner-occupied homes with a mortgage | 65% |
| Top county hazard | Hail (Relatively Moderate) |
| Active NFIP policies in Fairfield County | 449 |
| Home insurance premium | $1,116 - 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)