Home Insurance in Prescott, Wisconsin
The median home value in Prescott is $306,900, 8% lower than the Pierce County median.
Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. The typical home in Prescott was built around 1983. About 18% of homes were built before 1960, about 10 points below Pierce County's 27%.
In Prescott, the housing stock is 63% single-family homes, 14% apartments in buildings with 5+ units and 9% mobile or manufactured homes. The rest are 2-4 unit or other housing types. Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy.
About 58% of owner-occupied homes in Prescott have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
Prescott has an owner-occupancy rate of 63% and a vacancy rate of 8%; unoccupied homes typically need a different coverage form.
Most homes in Prescott - 65% - are primarily heated with natural gas.
What's the biggest home insurance risk near Prescott? FEMA's National Risk Index points to strong wind (Relatively Moderate) in Pierce County and Pierce County had 65 active NFIP flood policies as of September 2026. See the full Pierce County home insurance overview for all FEMA hazard ratings and flood coverage details.
In Wisconsin, the statewide average premium for a standard HO-3 homeowners policy is $923 per year (NAIC, 2023 data).
Key figures
| Median home value | $306,900 |
|---|---|
| Median year built | 1983 |
| Owner-occupied share | 63% |
| Share of owner-occupied homes with a mortgage | 58% |
| Top county hazard | Strong Wind (Relatively Moderate) |
| Active NFIP policies in Pierce County | 65 |
| Home insurance premium | $923 - 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)