Data as of September 2026. Source: Realtor.com.
The UNDERWOOD, IN real estate market (47177) currently shows 3 active listings, with 2 pending sales. Homes are averaging 30 days on the market before going under contract.
Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 30 days on market compared to 9 days last year.
The median listing price has fallen 61.7% year-over-year, from $549,900 to $210,700.
Population: 2,134 · Density: 34.5/mi² · Median household income: $85,294
Typical home value: $176,504 · Homeownership: 94.8%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 47177 | Underwood, IN 47177 | 0.0 mi | 4 | $940,932 | $226,900 | $235,233 |
| 47163 | Otisco, IN 47163 | 6.9 mi | 4 | $1,493,092 | $369,000 | $373,273 |
| 47143 | Memphis, IN 47143 | 9.0 mi | 41 | $13,387,443 | $312,400 | $326,523 |
| 47102 | Austin, IN 47102 | 10.9 mi | 33 | $6,218,487 | $179,675 | $188,439 |
| 47106 | Borden, IN 47106 | 11.6 mi | 9 | $5,825,448 | $386,200 | $647,272 |
| 47147 | Nabb, IN 47147 | 13.1 mi | 4 | $1,423,168 | $357,475 | $355,792 |
| 47172 | Sellersburg, IN 47172 | 14.0 mi | 88 | $29,518,192 | $303,450 | $335,434 |
| 47230 | Deputy, IN 47230 | 15.7 mi | 2 | $412,450 | $206,225 | $206,225 |
| 47167 | Salem, IN 47167 | 16.7 mi | 46 | $13,778,840 | $219,900 | $299,540 |
| 47243 | Hanover, IN 47243 | 17.0 mi | 27 | $8,236,620 | $277,450 | $305,060 |
| 40026 | Goshen, KY 40026 | 18.2 mi | 16 | $11,555,616 | $627,100 | $722,226 |
| 47104 | Bethlehem, IN 47104 | 19.0 mi | 1 | $270,000 | $270,000 | $270,000 |
| 40059 | Prospect, KY 40059 | 19.8 mi | 127 | $160,810,575 | $935,500 | $1,266,225 |
As of September 2026, there are 3 active listings in UNDERWOOD, IN (zip code 47177), compared to 2 the prior year.
The median listing price in UNDERWOOD, IN 47177 is $210,700 as of September 2026, a 61.7% decrease from $549,900 the prior year.
Homes in UNDERWOOD, IN 47177 spend an average of 30 days on the market before going under contract, compared to 9 days the prior year.
Based on current inventory and days-on-market data as of September 2026, UNDERWOOD, IN 47177 is currently a Buyer's Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 30 days on market compared to 9 days last year.
With SELL123.com's maximum 3% commission, sellers in UNDERWOOD, IN 47177 save an estimated $4,214 compared to a typical 5% commission on the median listing price of $210,700. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.