Home Insurance in Altamont, South Dakota
The median home value in Altamont is $252,800, 23% higher than the Deuel County median.
The typical home in Altamont was built around 1987. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. About 29% of homes were built before 1960, about 14 points below Deuel County's 43%.
Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy. The housing stock in Altamont is 89% single-family homes and 11% mobile or manufactured homes.
43% of owner-occupied homes in Altamont carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
Altamont has an owner-occupancy rate of 100% and a vacancy rate of 25%; unoccupied homes typically need a different coverage form.
52% of homes in Altamont are primarily heated with natural gas.
Deuel County has no active NFIP flood policies on file. Its top FEMA-rated hazard is wildfire (Relatively Low). See the full Deuel County home insurance overview for all FEMA hazard ratings and flood coverage details.
According to the NAIC homeowners insurance report (2023 data), a standard HO-3 homeowners policy in South Dakota carries a statewide average premium of $1,614 per year.
Key figures
| Median home value | $252,800 |
|---|---|
| Median year built | 1987 |
| Owner-occupied share | 100% |
| Share of owner-occupied homes with a mortgage | 43% |
| Top county hazard | Wildfire (Relatively Low) |
| 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)