Home Insurance in Homestead, Pennsylvania
With a median home value of $83,900, Homestead is 63% lower than the Allegheny County median.
Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them. The typical home in Homestead was built around 1952. About 56% of homes were built before 1960, about 2 points above Allegheny County's 54%.
Housing in Homestead breaks down to 55% single-family homes and 25% apartments in buildings with 5+ units. The rest are 2-4 unit or other housing types.
About 29% of owner-occupied homes in Homestead have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
About 34% of occupied homes in Homestead are owner-occupied. The vacancy rate is 18%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy.
Most homes in Homestead - 79% - are primarily heated with natural gas.
What's the biggest home insurance risk near Homestead? FEMA's National Risk Index points to inland flooding (Very High) in Allegheny County and Allegheny County had 2,669 active NFIP flood policies as of September 2026. See the full Allegheny County home insurance overview for all FEMA hazard ratings and flood coverage details. Flood damage is excluded from a standard homeowners policy.
In Pennsylvania, the statewide average premium for a standard HO-3 homeowners policy is $1,217 per year (NAIC, 2023 data).
Key figures
| Median home value | $83,900 |
|---|---|
| Median year built | 1952 |
| Owner-occupied share | 34% |
| Share of owner-occupied homes with a mortgage | 29% |
| Top county hazard | Inland Flooding (Very High) |
| Active NFIP policies in Allegheny County | 2,669 |
| Home insurance premium | $1,217 - 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)