Home Insurance in Bonesteel, South Dakota
Homes in Bonesteel carry a median value of $74,100 - 47% lower than the Gregory County median.
The typical home in Bonesteel was built around 1948. About 63% of homes were built before 1960, about 16 points above Gregory County's 47%. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing.
Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy. The housing stock in Bonesteel is 81% single-family homes, 10% apartments in buildings with 5+ units and 4% mobile or manufactured homes.
About 9% of owner-occupied homes in Bonesteel have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
About 66% of occupied homes in Bonesteel are owner-occupied. The vacancy rate is 22%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy.
Most homes in Bonesteel - 61% - are primarily heated with electricity. Homes heated with propane can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies.
FEMA rates Gregory County's overall risk as Very Low, led by wildfire (Relatively Low). Gregory County had 1 active NFIP flood policy as of September 2026. See the full Gregory 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 | $74,100 |
|---|---|
| Median year built | 1948 |
| Owner-occupied share | 66% |
| Share of owner-occupied homes with a mortgage | 9% |
| Top county hazard | Wildfire (Relatively Low) |
| Active NFIP policies in Gregory County | 1 |
| 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)