Home Insurance in Buffalo Gap, South Dakota
With a median home value of $100,000, Buffalo Gap is 73% lower than the Custer County median.
Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild. The typical home in Buffalo Gap was built around 1961. About 46% of homes were built before 1960, about 27 points above Custer County's 19%.
Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy. The housing stock in Buffalo Gap is 66% single-family homes and 34% mobile or manufactured homes.
22% of owner-occupied homes in Buffalo Gap carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
Buffalo Gap has an owner-occupancy rate of 96% and a vacancy rate of 21%; unoccupied homes typically need a different coverage form.
Most homes in Buffalo Gap - 76% - are primarily heated with propane. Homes heated with propane can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies.
What's the biggest home insurance risk near Buffalo Gap? FEMA's National Risk Index points to wildfire (Relatively Moderate) in Custer County and Custer County had 51 active NFIP flood policies as of September 2026. See the full Custer County home insurance overview for all FEMA hazard ratings and flood coverage details.
In South Dakota, the statewide average premium for a standard HO-3 homeowners policy is $1,614 per year (NAIC, 2023 data).
Key figures
| Median home value | $100,000 |
|---|---|
| Median year built | 1961 |
| Owner-occupied share | 96% |
| Share of owner-occupied homes with a mortgage | 22% |
| Top county hazard | Wildfire (Relatively Moderate) |
| Active NFIP policies in Custer County | 51 |
| 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)