Underwood, IN Home Values & Market Trends
Real estate market trends reflect that there have been 28 transactions over the past year in Underwood. The median value for residential home transactions that occurred over the previous year is $175,856. The number of current listings in Underwood is 3, and the percentage of properties for sale in the city is 3.00%. Underwood, IN currently has 2 properties in foreclosure, 0 bank owned properties, 1 properties headed for auction, and 3 properties for sale.
Underwood, IN Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 47177 | $ 254,900 $ 174/sqft |
Housing Market Summary for Underwood, IN
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $91,450 | $210.2K | 129.83% |
| Median Sold Price | $215.6K | $210.2K | -2.51% |
| Homes For Sale | 2 | 3 | 50.00% |
| Homes Sold | 4 | 11 | 175.00% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Underwood, IN
Browse Homes in Underwood, IN
Underwood home values range from $22,972 to $7,655,882. The median estimated value of a home in Underwood is $175,856. The median list price of a home is 254,900, and the total count of properties in the city is 447.
- Pre-ForeclosurePre-foreclosure homes account for 0.22% of all residential properties in Underwood, IN with 47177 containing 1 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Underwood, IN; of that zips, the estimated home value for pre-foreclosure homes ranges from $177,226 in 47177 to the lowest home value of $177,226 in 47177.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Underwood, IN ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Underwood, IN. There is 1 zips within Underwood, IN; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions47177 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of Underwood, IN. Auction homes and other auction properties account for 0.22% of all properties in Underwood, IN. There is 1 zips within Underwood, IN; of that zips, the median estimated home value for homes going to auction ranges from $181,174 in 47177 to the lowest value of $181,174 in 47177.
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Guide for Underwood, IN
The real estate market in Indianapolis, Indiana has shown growth in property values from March 2023 to January 2024, despite a minor dip in properties sold.
The Fort Wayne, Indiana real estate market showed impressive growth trends in 2023, with property values and prices per square foot showing an upward trajectory, suggesting potential for continued growth.
The Knoxville real estate market is seeing fluctuations in property prices, with the average value at $399,900 as of March 2024.
Biloxi’s real estate market shows dynamic growth and consumer confidence, with property values rising from $271,000 to $290,000 within a year, despite some price fluctuations.