Current Price

$325,618

1 Month Forecast

â–² $346,273

1-Year Forecast *

â–² $362,741

5-Year Forecast *

â–² $414,309

"Is it a good time to buy homes in Underwood?" "Does investing in real estate in Underwood (Minnesota State, Otter Tail County) worth it?" According to our live Forecast System, buying a house in Underwood is a good short-term (1-year) investment*. The Underwood average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Underwood" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Underwood in Minnesota State, Otter Tail County. If you are looking for homes for sale with good flipping profit, Underwood can be a profitable property investment option. The median price of an average house in Underwood was 325,618 USD on 2026-03-03. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Underwood" area is 414,309 USD by 2031-03-03. For a 5-year investment the profit is expected to be around +27.24% meaning that investing 100000 USD today may yield a profit of 27,238 USD by 2031.

Current Median Listing Price: 325,618 USD Median Listing Price Per Square Foot: 181 USD

Underwood Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Underwood (Minnesota State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Underwood Price Target

Underwood median home price target in 12 months: $362,741* (upside of 11.4%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $343,407 $344,275 $341,787 $344,275
2024 $305,234 $325,618 $304,351 $326,418
2023 $292,572 $305,399 $292,572 $305,399
2022 $272,228 $292,531 $272,228 $296,948
2021 $245,184 $269,910 $245,184 $269,910
2020 $219,844 $241,577 $219,399 $241,577
2019 $201,847 $219,732 $201,847 $219,732
2018 $192,081 $200,261 $192,081 $200,261
2017 $182,170 $191,324 $182,170 $191,324
2016 $173,677 $180,683 $173,677 $180,683
2015 $166,451 $172,352 $166,451 $172,352
2014 $163,873 $165,438 $163,590 $165,438
2013 $158,121 $163,335 $156,610 $163,335
2012 $152,838 $157,750 $152,383 $157,750

Questions & Answers about the Underwood Housing Market Forecast

How much does an average home cost in Underwood today?

The value of an average home (the listing price) in Underwood is $325,618 USD.

What is the average price per square foot in Underwood?

According to Walletinvestor the median price per square foot in Underwood is 181 USD.

Will the median listing price of homes in Underwood grow / rise / go up?

Yes. The Underwood home prices may rise from 325,618 USD to 362,741 USD in one year.

Is it profitable to invest in Underwood homes?

Yes. The long-term profit potential is +11.40% in one year.

Will Underwood house prices fall / drop?

No. See above.

What is the predicted price of a Underwood home in 2030?

The predicted home sales price of a Underwood home in 2030 in Underwood is 399,320 USD.

What is the predicted price of a Underwood home in 2035?

The predicted home sales price of a Underwood home in 2035 in Underwood is 480,944 USD.

Will real estate prices decrease in Underwood?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Underwood is the 14320. largest city in the United States, located in Minnesota State.

During the last 12 months the real estate prices in Otter Tail, Underwood decreased, looking at the past 12 months.

According to Walletinvestor's Underwood real estate market research, home values will increase in the next 12 months.

Median home values decreased by 4.731% to 325,618 USD, between 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 11.541% in 2021
  • 10.231% in 2022
  • 10.311% in 2023
  • 9.691% in 2024
  • 10.791% in 2025
  • 10.411% in 2026

Based on our Underwood real estate market research and report the predicted sales prices will increase by 194.365% in the next 10 years.

Over the last 12 months, the value of homes in Underwood fluctuated: increasing 4 times .

Underwood (Minnesota) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Underwood Housing Market Forecast with Real Estate Prices for 2025
August 2025 346273 314763 377784
September 2025 348284 330521 366046
October 2025 350306 330339 370274
November 2025 352340 320629 384051
December 2025 352986 327571 378401
Underwood Housing Market Forecast with Real Estate Prices for 2026
January 2026 351798 321543 382052
February 2026 352569 325421 379717
March 2026 354616 320928 388305
April 2026 356496 321559 391432
May 2026 358565 337051 380079
June 2026 360647 330353 390942
July 2026 362741 335898 389584
August 2026 364847 345145 384549
September 2026 366965 335406 398525
October 2026 369096 349165 389027
November 2026 371239 337456 405022
December 2026 373394 349124 397665
Underwood Housing Market Forecast with Real Estate Prices for 2027
January 2027 373611 341854 405368
February 2027 372353 338097 406610
March 2027 371100 345123 397077
April 2027 369850 338413 401288
May 2027 369903 351038 388768
June 2027 371303 338257 404349
July 2027 373459 350678 396240
August 2027 375449 352922 397976
September 2027 377629 356859 398399
October 2027 379821 352854 406789
November 2027 382027 348408 415645
December 2027 383046 359681 406412
Underwood Housing Market Forecast with Real Estate Prices for 2028
January 2028 383899 348580 419218
February 2028 383578 351358 415799
March 2028 384422 359050 409794
April 2028 384707 357393 412022
May 2028 384500 355278 413722
June 2028 383387 345049 421726
July 2028 383997 353661 414333
August 2028 386226 359963 412490
September 2028 388469 367103 409835
October 2028 390724 354387 427062
November 2028 392993 372557 413429
December 2028 395275 356933 433616
Underwood Housing Market Forecast with Real Estate Prices for 2029
January 2029 397570 364969 430170
February 2029 399878 366688 433068
March 2029 399387 367835 430939
April 2029 398898 363396 434400
May 2029 401214 380752 421676
June 2029 400491 374059 426924
July 2029 399320 374562 424078
August 2029 399540 377965 421116
September 2029 400276 362650 437902
October 2029 400520 370481 430560
November 2029 402227 382116 422339
December 2029 404562 374220 434905
Underwood Housing Market Forecast with Real Estate Prices for 2030
January 2030 406911 385345 428478
February 2030 409274 387173 431375
March 2030 411650 389833 433468
April 2030 412405 371165 453646
May 2030 411017 383890 438144
June 2030 411918 390086 433749
July 2030 414309 390279 438339
August 2030 416505 383601 449409
September 2030 418923 391275 446572
October 2030 421356 383434 459278
November 2030 423802 392017 455587
December 2030 426263 389604 462921
Underwood Housing Market Forecast with Real Estate Prices for 2031
January 2031 428738 386293 471183
February 2031 431227 409665 452788
March 2031 433731 393394 474067
April 2031 436249 398295 474202
May 2031 436502 401582 471422
June 2031 435032 403710 466354
July 2031 433568 408854 458281
August 2031 432108 394515 469701
September 2031 432169 402782 461557
October 2031 433806 404307 463304
November 2031 436324 406654 465994
December 2031 438649 416278 461020
Underwood Housing Market Forecast with Real Estate Prices for 2032
January 2032 441196 418695 463697
February 2032 443758 406038 481477
March 2032 446334 415983 476685
April 2032 447526 407696 487355
May 2032 448521 403669 493374
June 2032 448147 406917 489376
July 2032 449133 423083 475182

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.