Underwood, MN Housing Market

Homes for sale

The Underwood housing market is not very competitive. The median sale price of a home in Underwood was $463K last month, up 127.8% since last year.

Trends
Demand
Migration
Schools
Climate

Underwood Housing Market Trends

What is the housing market like in Underwood today?

In May 2025, Underwood home prices were up 127.8% compared to last year, selling for a median price of $463K.

$280K

Sale Price

$102

Sale $/Sq. Ft.

Under List Price

0.6%

Days on Market

Down Payment

—

Total Homes Sold

To compare other locations to the Underwood and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Underwood add value to a home.

How hot is the Underwood housing market?

Underwood is not very competitive. Homes sell in 50 days.

100

Not Very Competitive

Multiple offers are rare.
The average homes sell for about 1% below list price and go pending in around 50 days.
Hot homes
can sell for about 3% above list price and go pending in around 14 days.

Compare With Nearby Cities

Fergus Falls

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 2% below list price and go pending in around 29 days.
Hot homes
can sell for about 1% above list price and go pending in around 12 days.

Ottertail

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 2% below list price and go pending in around 62 days.
Hot homes
can sell for around list price and go pending in around 20 days.

See more nearby cities and neighborhoods

Underwood Migration & Relocation Trends

No data on migration and relocation available in this area right now

Learn about migration trends in nearby cities

View houses in Underwood that sold recently

Recently sold homes

SOLD JUN 26, 2025
$644,000 Last Sold Price
3 beds
2 baths
—sq ft
31792 Denwood Dr, Maine Twp, MN 56586
List Price
$644,000
Sale to List
0% over list
Days on Market
30 days
31792 Denwood Dr, Maine Twp, MN 56586
SOLD JUN 23, 2025
$365,000 Last Sold Price
1 bed
2 baths
—sq ft
33950 274th St, Underwood, MN 56586
List Price
$385,000
Sale to List
5% under list
Days on Market
206 days
33950 274th St, Underwood, MN 56586
SOLD JUN 20, 2025
$525,000 Last Sold Price
4 beds
3 baths
—sq ft
33134 275th St, Underwood, MN 56586
List Price
$529,000
Sale to List
1% under list
Days on Market
242 days
33134 275th St, Underwood, MN 56586
SOLD JUN 17, 2025
$44,500 Last Sold Price
2 beds
1 bath
—sq ft
304 Main St S, Underwood, MN 56586
List Price
$44,500
Sale to List
0% over list
Days on Market
35 days
304 Main St S, Underwood, MN 56586
SOLD JUN 17, 2025
$513,000 Last Sold Price
4 beds
3 baths
—sq ft
28222 Water Street Rd, Maine Twp, MN 56586
List Price
$550,000
Sale to List
7% under list
Days on Market
55 days
28222 Water Street Rd, Maine Twp, MN 56586
SOLD JUN 17, 2025
$611,000 Last Sold Price
3 beds
2 baths
—sq ft
31804 Denwood Dr, Underwood, MN 56586
List Price
$599,900
Sale to List
2% over list
Days on Market
55 days
31804 Denwood Dr, Underwood, MN 56586
SOLD JUN 12, 2025
$280,000 Last Sold Price
8 beds
4 baths
—sq ft
108 Cleveland Ave W, Underwood, MN 56586
List Price
$275,000
Sale to List
2% over list
Days on Market
42 days
108 Cleveland Ave W, Underwood, MN 56586
SOLD JUN 12, 2025
$260,000 Last Sold Price
4 beds
3 baths
—sq ft
102 Centennial Ct, Underwood, MN 56586
List Price
$260,000
Sale to List
0% over list
Days on Market
63 days
102 Centennial Ct, Underwood, MN 56586
See all recently sold homes in Underwood.
See listings

Schools in Underwood

Learn about schools in the Underwood area

Elementary
Middle
High

GreatSchools Rating

7/10 Underwood Elementary School Public • PreK-6	289 Students	N/A
7/10 Underwood Secondary Public • 5-12	279 Students	N/A

School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.

Climate's impact on Underwood housing

Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Underwood.

Provided by First Street Foundation

More real estate resources for Underwood

New Listings in Underwood

Zip Code Housing Markets

Nearby City Housing Markets

Zip Code Listings

Nearby City Listings

Rentals

Download the Redfin App on the Apple App Store

Download the Redfin App from the Google Play Store

Join us

Become an Agent

Get referrals

Careers

Find homes faster

About us

Why Redfin?

Community Impact

Diversity & Inclusion

Find us

Subsidiaries

Countries

United States

Canada

Updated January 2023: By searching, you agree to the Terms of Use, and Privacy Policy.

Do not sell or share my personal information.

REDFIN and all REDFIN variants, TITLE FORWARD, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.

California DRE #01521930

Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures

New Mexico Real Estate Licenses

TREC: Info About Brokerage Services, Consumer Protection Notice

All mortgage lending products and information are provided by Rocket Mortgage, LLC | NMLS #3030; www.NMLSConsumerAccess.org. Licensed in 50 states. This site is not authorized by the New York State Department of Financial Services for mortgage solicitation or loan applications activities related to properties located in the State of New York. For additional information on Rocket Mortgage or to receive lending services in the State of New York, please visit RocketMortgage.com.

If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.

REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.