Home Insurance in Oldham, South Dakota
Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild. The median home in Oldham was built in 1939 or earlier. About 80% of homes were built before 1960, about 36 points above Kingsbury County's 44%.
Housing in Oldham breaks down to 83% single-family homes and 17% apartments in buildings with 5+ units.
In Oldham, about 27% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
About 92% of occupied homes in Oldham are owner-occupied. The vacancy rate is 30%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy.
In Oldham, 83% of homes are primarily heated with natural gas. Homes heated with wood can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies.
Kingsbury County's top FEMA-rated hazard is hail (Relatively Low), per FEMA's National Risk Index. Kingsbury County had 12 active NFIP flood policies as of September 2026. See the full Kingsbury 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 year built | 1939 or earlier |
|---|---|
| Owner-occupied share | 92% |
| Share of owner-occupied homes with a mortgage | 27% |
| Top county hazard | Hail (Relatively Low) |
| Active NFIP policies in Kingsbury County | 12 |
| 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)