The housing market in Underwood, ND is quite impressive, with the median value of homes being $175,900. This is significantly lower than the US median value of $338,100. Despite this gap in price, homes in Underwood still appreciate at a rate close to the national average with a 1 year appreciation of 6.75%, just 1.52% less than the national average of 8.27%. This indicates that there is a high level of investment within Underwood and that this trend will likely continue for some time.
The median home cost in Underwood is $175,900. Home appreciation the last 10 years has been 60.8%. Home Appreciation in Underwood is up 10.9%.
Average Age of Homes
- The median age of Underwood real estate is 46 years old
The Rental Market in Underwood
- Renters make up 18.0% of the Underwood population
- 1.9% of houses and apartments in Underwood, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.