Housing Prices in Underwood, MN

How much do homes in Underwood, MN cost?

Median List Price

$299,000

$185/sqft

Based on all homes listed in the last 12 months.

Difference Since March 2023

+$19,100(+6.8%)

Key Takeaway

The list price of homes in Underwood has increased by 6.8% since last year.

Summary: The median home list price in Underwood was $299,000 in March 2024, up 6.8% from the previous year, and the median price per square foot was $185.

Median List Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $319.9K$359.9K
+12.5%
2 $318.5K$209.9K
-34.1%
3 $200K$299K
+49.5%
4 $279.9K$274.9K
-1.8%
5+ $524.9K$399.7K
-23.9%

Summary: Underwood housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12.5%, 2 bedroom homes decreased by 34.1%, 3 bedroom homes increased by 49.5%, 4 bedroom homes decreased by 1.8%, and 5+ bedroom homes decreased by 23.9%.

Median List Price Compared To Nearby Cities

Tordenskjold Township
+32.9%
Underwood
+6.8%

Housing Supply in Underwood, MN

How many homes are available in Underwood, MN?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
815+87.5%

Summary: The Underwood real estate market had 15 homes for sale in March 2024, a 87.5% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 22
0.0%
2 13
+200.0%
3 14
+300.0%
4 45
+25.0%
5+ 01
+100.0%

Summary: The Underwood housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 200%, 3 bedroom homes increased by 300%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 100%.

Days on Market for Underwood, MN

How long does it take to sell a home in Underwood, MN?

Average Listing Age

Mar 2023Mar 2024CHANGE
183 Days83 Days-54.5%

Summary: Homes in Underwood had an average listing age of 83 days in Mar 2024, down by 54.5% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 22 Days Ago

Newest Listings in Underwood, MN

Nearby Markets to Underwood, MN