Home Insurance in Fairlawn, Ohio
With a median home value of $284,600, Fairlawn is 36% higher than the Summit County median.
Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them. The typical home in Fairlawn was built around 1973. About 16% of homes were built before 1960, about 27 points below Summit County's 43%.
In Fairlawn, the housing stock is 70% single-family homes and 24% apartments in buildings with 5+ units.
62% of owner-occupied homes in Fairlawn carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
Fairlawn has an owner-occupancy rate of 77% and a vacancy rate of 2%; unoccupied homes typically need a different coverage form.
82% of homes in Fairlawn are primarily heated with natural gas.
FEMA rates Summit County's overall risk as Relatively Moderate, led by hail (Relatively High). Summit County had 971 active NFIP flood policies as of September 2026. See the full Summit 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 | $284,600 |
|---|---|
| Median year built | 1973 |
| Owner-occupied share | 77% |
| Share of owner-occupied homes with a mortgage | 62% |
| Top county hazard | Hail (Relatively High) |
| Active NFIP policies in Summit County | 971 |
| 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)