Home Insurance in Eureka, South Dakota
The median home value in Eureka is $78,200, 9% lower than the McPherson County median.
The typical home in Eureka was built around 1958. About 52% of homes were built before 1960, about 6 points above McPherson County's 46%. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing.
Housing in Eureka breaks down to 82% single-family homes, 5% apartments in buildings with 5+ units and 3% mobile or manufactured homes.
22% of owner-occupied homes in Eureka carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
The vacancy rate is 25%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 82% of occupied homes in Eureka are owner-occupied.
Homes heated with propane and fuel oil can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies. 41% of homes in Eureka are primarily heated with fuel oil.
McPherson County's top FEMA-rated hazard is winter weather (Relatively Moderate), per FEMA's National Risk Index. McPherson County has no active NFIP flood policies on file. See the full McPherson 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 | $78,200 |
|---|---|
| Median year built | 1958 |
| Owner-occupied share | 82% |
| Share of owner-occupied homes with a mortgage | 22% |
| Top county hazard | Winter Weather (Relatively Moderate) |
| 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)