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Foreclosure Homes in Underwood, IA

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Underwood, IA Foreclosures

Current Market Conditions in in Underwood, IA As of March 2026?
In the past month, the housing market in Underwood has seen slight fluctuations typical for the fall season, with a small increase in the number of homes listed and a steady number of sales. The average days on market has decreased slightly, indicating that homes are selling faster due to increased interest among potential buyers.
How much do homes sell for in Underwood, IA?
The average home price is currently $382,780.
In Underwood, IA, how many homes are available?
There are currently 5 active home listings available in Underwood.
What’s the average rental cost in Underwood, IA?
The average rental price in Underwood is $1,534.
What is the most expensive home in Underwood?
The most expensive home sold in Underwood had a price of $4,477,188.
What is currently the cheapest priced home in Underwood, IA?
The cheapest home for sale in Underwood is priced at $24,555.

Living in Underwood, IA

Underwood, Iowa is a quaint small town that offers a rural lifestyle away from the hustle and bustle of city life while remaining conveniently close to Omaha. With its friendly community, scenic parks, and nearby outdoor activities, Underwood is an ideal place to raise a family or enjoy a quieter retirement. Residents can appreciate both the charm of small-town living and easy access to urban amenities.

Buyer vs Seller Market in Underwood, IA

The real estate market in Underwood is currently characterized as stable, with a moderate increase in property values and a steady demand for homes. As more individuals seek a balance between rural living and urban accessibility, homes in Underwood are becoming more sought after by families and retirees alike.

There has been an uptick in home construction, reflecting growing interest in the area. The typical buyer is looking for larger homes with yard space, which has driven up the prices for single-family houses.

Home Value Estimator For Underwood, IA

There are currently 827 real estate properties in Underwood, IA, with a median automated valuation model (AVM) price of $359,504.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Underwood, IA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Underwood, IA, is $382,780.00, with the most expensive house in Underwood, IA, topping out at $4,477,188.00 and the cheapest home in Underwood, IA, clocking in at $24,555.00. In other words, there’s something for every potential homebuyer or savvy investor in Underwood, IA!

Rent Prices In Underwood, IA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Underwood, IA, is on a rollercoaster ride. The average rent price in Underwood, IA, is $1,534.00. Indeed, when looking to rent in Underwood, IA, you can expect to pay as little as $760.00 or as much as $2,400.00, with the average rent median estimated to be $1,520.00. The good news is that finding an affordable and desirable property to rent in Underwood, IA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Underwood, IA Foreclosures


Market Trend for Underwood, IA

Total Listings Available: 5

Market Values:

Home Prices from $24,555 to $4,477,188

Average Sales Price: $382,780

Rental Values:

Rental from $760 to $2,400

Average Rent Value: $1,534 / month

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