Home Insurance in Willow Lake, South Dakota
The median home value in Willow Lake is $149,000, 6% lower than the Clark County median.
The typical home in Willow Lake was built around 1949. About 57% of homes were built before 1960, about 3 points above Clark County's 53%. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing.
In Willow Lake, the housing stock is 90% single-family homes.
In Willow Lake, about 55% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
Willow Lake has an owner-occupancy rate of 62% and a vacancy rate of 9%; unoccupied homes typically need a different coverage form.
Homes heated with propane can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies. Most homes in Willow Lake - 62% - are primarily heated with natural gas.
Clark County had 11 active NFIP flood policies as of September 2026. Its top FEMA-rated hazard is hail (Relatively Low). See the full Clark 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 South Dakota is $1,614 per year, according to the NAIC homeowners insurance report (2023 data).
Key figures
| Median home value | $149,000 |
|---|---|
| Median year built | 1949 |
| Owner-occupied share | 62% |
| Share of owner-occupied homes with a mortgage | 55% |
| Top county hazard | Hail (Relatively Low) |
| Active NFIP policies in Clark County | 11 |
| Home insurance premium | $1,614 - 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)