Home Insurance in Minnehaha County, South Dakota
With a median home value of $287,600, Minnehaha County is 12% higher than the South Dakota median.
The typical home in Minnehaha County was built around 1987. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. About 22% of homes were built before 1960, about 6 points below South Dakota's 28%.
In Minnehaha County, the housing stock is 64% single-family homes, 26% apartments in buildings with 5+ units and 4% mobile or manufactured homes. Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy.
In Minnehaha County, about 64% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
About 63% of occupied homes in Minnehaha County are owner-occupied. The vacancy rate is 5%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy.
64% of homes in Minnehaha County are primarily heated with natural gas.
Per FEMA's National Risk Index, Minnehaha County's top hazards are tornado (Relatively High), winter weather (Relatively High) and hail (Relatively Moderate).
Standard homeowners insurance does not cover flood damage, so flood coverage needs a separate NFIP or private flood policy. As of September 2026, Minnehaha County has 280 active NFIP flood policies on file.
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 | $287,600 |
|---|---|
| Median year built | 1987 |
| Owner-occupied share | 63% |
| Share of owner-occupied homes with a mortgage | 64% |
| Top hazards (FEMA National Risk Index) | Tornado (Relatively High), Winter Weather (Relatively High), Hail (Relatively Moderate) |
| Active NFIP flood policies (county) | 280 |
| Home insurance premium | $1,614 - statewide average (NAIC, 2023 data) |
Towns and cities
- Baltic
- Brandon
- Colton
- Crooks
- Dell Rapids
- Garretson
- Hartford
- Humboldt
- Sherman
- Sioux Falls
- Valley Springs
Sources
- 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)