Home Insurance in Long Lake, South Dakota
The median home value in Long Lake is $43,300, 49% lower than the McPherson County median.
The typical home in Long Lake was built around 1949. About 72% of homes were built before 1960, about 26 points above McPherson County's 46%. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing.
The housing stock in Long Lake is 84% single-family homes, 7% apartments in buildings with 5+ units and 2% mobile or manufactured homes.
Almost no owner-occupied homes in Long Lake carry a mortgage.
About 89% of occupied homes in Long Lake are owner-occupied. The vacancy rate is 84%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy.
Homes heated with propane can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies. Most homes in Long Lake - 78% - are primarily heated with electricity.
FEMA rates McPherson County's overall risk as Very Low, led by winter weather (Relatively Moderate). 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.
The statewide average premium for a standard HO-3 homeowners policy in South Dakota is $1,614 per year, according to the NAIC homeowners insurance report (2023 data).
Key figures
| Median home value | $43,300 |
|---|---|
| Median year built | 1949 |
| Owner-occupied share | 89% |
| Share of owner-occupied homes with a mortgage | 0% |
| 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)