Underwood, MN Housing Market

The Underwood housing market is not very competitive. The median sale price of a home in Underwood was $415K last month, up 176.6% since last year.

Trends
Demand
Migration
Schools
Climate

Underwood Housing Market Trends

What is the housing market like in Underwood today?

In August 2025, Underwood home prices were up 176.6% compared to last year, selling for a median price of $415K.

$201K

Sale Price

$104

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

Very Competitive

Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% below list price and go pending in around 34 days.
Hot homes
can sell for about 2% above list price and go pending in around 7 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 NOV 14, 2025
$499,000 Last Sold Price
3 beds
3 baths
—sq ft
163 N Shore Dr, Underwood, MN 56586
List Price
$499,000
Sale to List
0% over list
Days on Market
140 days
163 N Shore Dr, Underwood, MN 56586
SOLD OCT 20, 2025
$201,000 Last Sold Price
4 beds
2 baths
—sq ft
210 East St S, Underwood, MN 56586
List Price
$219,900
Sale to List
9% under list
Days on Market
134 days
210 East St S, Underwood, MN 56586
SOLD OCT 20, 2025
$240,000 Last Sold Price
3 beds
2 baths
—sq ft
25659 County Highway 35, Underwood, MN 56586
List Price
$314,900
Sale to List
24% under list
Days on Market
171 days
25659 County Highway 35, Underwood, MN 56586
SOLD OCT 10, 2025
$164,000 Last Sold Price
—beds
—baths
—sq ft
Lot 3 Pleasant Lake Rd, Sverdrup Township, MN 56586
List Price
$155,000
Sale to List
6% over list
Days on Market
30 days
Lot 3 Pleasant Lake Rd, Sverdrup Township, MN 56586
SOLD OCT 10, 2025
$42,800
2 beds
—baths
1,248 sq ft
106 Gronner St S, Underwood, MN 56586
List Price
—
Sale to List
—
Days on Market
—
106 Gronner St S, Underwood, MN 56586
SOLD SEP 26, 2025
3D WALKTHROUGH
$450,000 Last Sold Price
2 beds
4 baths
—sq ft
121 N Shore Dr, Underwood, MN 56586
List Price
$474,900
Sale to List
5% under list
Days on Market
115 days
121 N Shore Dr, Underwood, MN 56586
SOLD SEP 26, 2025
$130,000 Last Sold Price
3 beds
2 baths
—sq ft
207 Northern Ave E, Underwood, MN 56586
List Price
$144,900
Sale to List
10% under list
Days on Market
198 days
207 Northern Ave E, Underwood, MN 56586
SOLD SEP 22, 2025
$80,000 Last Sold Price
3 beds
1 bath
—sq ft
29388 Lazy Loop, Underwood, MN 56586
List Price
$99,900
Sale to List
20% under list
Days on Market
46 days
29388 Lazy Loop, 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

8/10 Underwood Secondary Public • 5-12	279 Students	N/A
7/10 Underwood Elementary School Public • PreK-6	289 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

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