Home Insurance in Bellefonte, Pennsylvania
With a median home value of $240,300, Bellefonte is 26% lower than the Centre County median.
Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. The typical home in Bellefonte was built around 1954. About 60% of homes were built before 1960, about 33 points above Centre County's 26%.
The housing stock in Bellefonte is 55% single-family homes, 21% apartments in buildings with 5+ units and 1% mobile or manufactured homes. The rest are 2-4 unit or other housing types.
70% of owner-occupied homes in Bellefonte carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
About 51% of occupied homes in Bellefonte are owner-occupied. The vacancy rate is 6%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy.
In Bellefonte, 40% of homes are primarily heated with electricity. Homes heated with fuel oil can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies.
Centre County's top FEMA-rated hazard is winter weather (Relatively High), per FEMA's National Risk Index. Centre County had 312 active NFIP flood policies as of September 2026. See the full Centre County home insurance overview for all FEMA hazard ratings and flood coverage details.
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 | $240,300 |
|---|---|
| Median year built | 1954 |
| Owner-occupied share | 51% |
| Share of owner-occupied homes with a mortgage | 70% |
| Top county hazard | Winter Weather (Relatively High) |
| Active NFIP policies in Centre County | 312 |
| 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)