HomeInsuranceQts

Home Insurance in Phillipsburg, Ohio

Homes in Phillipsburg carry a median value of $152,200 - 16% lower than the Montgomery County median.

The median home in Phillipsburg was built in 1939 or earlier. About 83% of homes were built before 1960, about 43 points above Montgomery County's 40%. Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild.

In Phillipsburg, the housing stock is 94% single-family homes.

60% of owner-occupied homes in Phillipsburg 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 79% of occupied homes in Phillipsburg are owner-occupied.

In Phillipsburg, 72% of homes are primarily heated with natural gas.

FEMA rates Montgomery County's overall risk as Relatively Moderate, led by strong wind (Relatively High). Montgomery County had 1,025 active NFIP flood policies as of September 2026. See the full Montgomery County home insurance overview for all FEMA hazard ratings and flood coverage details.

In Ohio, the statewide average premium for a standard HO-3 homeowners policy is $1,116 per year (NAIC, 2023 data).

Key figures

Median home value$152,200
Median year built1939 or earlier
Owner-occupied share79%
Share of owner-occupied homes with a mortgage60%
Top county hazardStrong Wind (Relatively High)
Active NFIP policies in Montgomery County1,025
Home insurance premium$1,116 - statewide average (NAIC, 2023 data)
Key home insurance figures for Phillipsburg, OH

Nearby towns

Sources

Data last updated: 2026-09-29