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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 41 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 is a quaint small town located in Otter Tail County, Minnesota. Known for its friendly community and rural charm, Underwood offers a peaceful lifestyle surrounded by beautiful landscapes. Residents enjoy access to local amenities, parks, and recreational activities.

Current Market Conditions in Underwood, MN

The Underwood real estate market is currently stable with steady demand due to the tranquil lifestyle it offers. Prices have shown a modest increase over the past year as more families look to settle in smaller communities, driven by remote working trends and the desire for more space.

Home values in Underwood are generally affordable compared to nearby urban areas, making it an attractive option for first-time buyers and retirees alike.

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: 41

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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