cursor.execute("INSERT INTO .... RETURNING id")
id_of_new_row = cursor.fetchone()[0]

And please do not build SQL strings containing values manually. You can (and should!) pass values separately, making it unnecessary to escape and SQL injection impossible:

sql_string = "INSERT INTO domes_hundred (name,name_slug,status) VALUES (%s,%s,%s) RETURNING id;"
cursor.execute(sql_string, (hundred_name, hundred_slug, status))
hundred = cursor.fetchone()[0]

See the psycopg docs for more details: http://initd.org/psycopg/docs/usage.html#passing-parameters-to-sql-queries