Home Insurance in Alexandria, South Dakota
With a median home value of $180,200, Alexandria is 6% lower than the Hanson County median.
Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. The typical home in Alexandria was built around 1965. About 47% of homes were built before 1960, about 8 points below Hanson County's 54%.
The housing stock in Alexandria is 93% single-family homes and 3% apartments in buildings with 5+ units.
54% of owner-occupied homes in Alexandria carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
About 83% of occupied homes in Alexandria are owner-occupied. The vacancy rate is 6%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy.
In Alexandria, 58% of homes are primarily heated with natural gas.
FEMA rates Hanson County's overall risk as Very Low, led by hail (Relatively Low). Hanson County had 6 active NFIP flood policies as of September 2026. See the full Hanson 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 | $180,200 |
|---|---|
| Median year built | 1965 |
| Owner-occupied share | 83% |
| Share of owner-occupied homes with a mortgage | 54% |
| Top county hazard | Hail (Relatively Low) |
| Active NFIP policies in Hanson County | 6 |
| 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)