Underwood, IA Foreclosures
How much do homes sell for in Underwood, IA?
The average home price is currently $386,216.
In Underwood, IA, how many homes are available?
There are currently 6 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, IA is a picturesque small town known for its strong sense of community, excellent schools, and charming rural landscape. Located near larger city amenities, it offers residents the perfect blend of peaceful country living with convenient access to urban services. With various recreational activities and a welcoming atmosphere, Underwood is an ideal place for families and individuals alike.
Current Market Conditions in Underwood, IA
The real estate market in Underwood, IA is currently witnessing a steady demand for residential properties. With prices remaining relatively stable, the area is attractive for first-time homebuyers and families looking for an affordable place to live. The town offers a variety of housing options, from single-family homes to townhouses, catering to diverse buyer needs.
The market trends indicate a slight increase in home values over the past few months, driven by an influx of buyers attracted to the area's quality of life and amenities. With low inventory levels, home sellers in Underwood can often receive favorable offers, indicating a competitive market.
Home Value Estimator For Underwood, IA
There are currently 811 real estate properties
in Underwood, IA,
with a median automated valuation model (AVM) price
of $361,727.00. 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 $386,216.00, 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.
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