Home Insurance in Gratis, Ohio
The median home value in Gratis is $154,600, 15% lower than the Preble County median.
The typical home in Gratis was built around 1974. About 24% of homes were built before 1960, about 15 points below Preble County's 39%. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them.
Housing in Gratis breaks down to 97% single-family homes and 3% mobile or manufactured homes.
51% of owner-occupied homes in Gratis carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
The vacancy rate is 3%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 90% of occupied homes in Gratis are owner-occupied.
Most homes in Gratis - 71% - are primarily heated with electricity. Homes heated with propane and fuel oil can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies.
Preble County's top FEMA-rated hazard is strong wind (Relatively Moderate), per FEMA's National Risk Index. Preble County had 93 active NFIP flood policies as of September 2026. See the full Preble 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 Ohio carries a statewide average premium of $1,116 per year.
Key figures
| Median home value | $154,600 |
|---|---|
| Median year built | 1974 |
| Owner-occupied share | 90% |
| Share of owner-occupied homes with a mortgage | 51% |
| Top county hazard | Strong Wind (Relatively Moderate) |
| Active NFIP policies in Preble County | 93 |
| 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)