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Foreclosure Homes in Underwood, MN

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Underwood, MN Foreclosures

How much do homes sell for in Underwood, MN?
The average home price is currently $403,416.
In Underwood, MN, how many homes are available?
There are currently 48 active home listings available in Underwood.
What’s the average rental cost in Underwood, MN?
The average rental price in Underwood is $1,523.
What is the most expensive home in Underwood?
The most expensive home sold in Underwood had a price of $2,116,204.
What is currently the cheapest priced home in Underwood, MN?
The cheapest home for sale in Underwood is priced at $26,585.

Living in Underwood, MN

Underwood, MN, is a quaint community nestled in Otter Tail County. The town offers a tight-knit atmosphere, excellent outdoor activities, and quality education options. With nearby lakes and parks, it serves as an excellent choice for those seeking a peaceful lifestyle just a short drive from larger urban centers.

Current Market Conditions in Underwood, MN

The real estate market in Underwood shows stability, with a mix of affordable homes and higher-end options available. As interest rates remain relatively low, buyers are encouraged to explore the available properties, and the demand for homes has been increasing as people seek the charm of small-town living.

Home prices in Underwood exhibit a range from modest single-family homes to larger homes on expansive lots, making it accessible to various demographics. The area is becoming increasingly attractive to buyers interested in a quieter lifestyle without sacrificing access to necessary amenities.

Home Value Estimator For Underwood, MN

There are currently 1,321 real estate properties in Underwood, MN, with a median automated valuation model (AVM) price of $355,814.00. 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, MN, 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, MN, is $403,416.00, with the most expensive house in Underwood, MN, topping out at $2,116,204.00 and the cheapest home in Underwood, MN, clocking in at $26,585.00. In other words, there’s something for every potential homebuyer or savvy investor in Underwood, MN!

Rent Prices In Underwood, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Underwood, MN, is on a rollercoaster ride. The average rent price in Underwood, MN, is $1,523.00. Indeed, when looking to rent in Underwood, MN, you can expect to pay as little as $570.00 or as much as $2,100.00, with the average rent median estimated to be $1,470.00. The good news is that finding an affordable and desirable property to rent in Underwood, MN -- 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, MN Foreclosures


Market Trend for Underwood, MN

Total Listings Available: 48

Market Values:

Home Prices from $26,585 to $2,116,204

Average Sales Price: $403,416

Rental Values:

Rental from $570 to $2,100

Average Rent Value: $1,523 / month

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