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UNDERWOOD, IA 51576

Real Estate Market Report  ·  Pottawattamie County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
2
vs 2 last year
Pending
2
100% pending ratio
Median Price
$339,950
⇩ 2.8% vs $349,900 last year
Average Price
$339,950
⇩ 2.8% vs $349,900 last year
Days on Market
59
⇩ 38.5% vs 96 days last year

Market Context

Population: 1,960  ·  Density: 16.3/mi²  ·  Median household income: $106,131

Typical home value: $290,291  ·  Homeownership: 92.1%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The UNDERWOOD, IA real estate market (51576) currently shows 2 active listings, with 2 pending sales. Homes are averaging 59 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are selling faster, averaging 59 days on market compared to 96 days last year.

The median listing price has fallen 2.8% year-over-year, from $349,900 to $339,950.

Whether you are buying or selling in UNDERWOOD, IA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Days on market: 59 now vs 96 last year

Median & Average Pricing

Year over Year
  • Median: $339,950 (-2.8% YoY)
  • Average: $339,950 (-2.8% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 17.2 miles — 410 listings ($125,581,768 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
51576Underwood, IA 515760.0 mi2$679,900$339,950$339,950
51542Honey Creek, IA 515427.8 mi3$2,925,000$975,000$975,000
51553Minden, IA 515538.9 mi3$1,034,700$344,900$344,900
51575Treynor, IA 5157511.0 mi2$1,289,000$644,500$644,500
51510Carter Lake, IA 5151012.4 mi10$2,399,830$237,500$239,983
51501Council Bluffs, IA 5150113.6 mi79$16,959,246$200,000$214,674
68111Omaha, NE 6811114.4 mi104$18,867,264$180,000$181,416
68108Omaha, NE 6810815.1 mi32$9,006,240$220,000$281,445
68131Omaha, NE 6813115.4 mi40$11,363,000$228,500$284,075
68105Omaha, NE 6810516.3 mi68$21,365,124$279,000$314,193
51555Missouri Valley, IA 5155516.4 mi29$9,208,312$232,400$317,528
68132Omaha, NE 6813217.1 mi36$29,584,152$400,000$821,782
68023Fort Calhoun, NE 6802317.2 mi2$900,000$450,000$450,000

Frequently Asked Questions

How many homes are for sale in UNDERWOOD, IA 51576?

As of January 2026, there are 2 active listings in UNDERWOOD, IA (zip code 51576), compared to 2 the prior year.

What is the median home price in UNDERWOOD, IA 51576?

The median listing price in UNDERWOOD, IA 51576 is $339,950 as of January 2026, a 2.8% decrease from $349,900 the prior year.

How long do homes stay on the market in UNDERWOOD, IA?

Homes in UNDERWOOD, IA 51576 spend an average of 59 days on the market before going under contract, compared to 96 days the prior year.

Is it a seller's or buyer's market in UNDERWOOD, IA 51576?

Based on current inventory and days-on-market data as of January 2026, UNDERWOOD, IA 51576 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are selling faster, averaging 59 days on market compared to 96 days last year.

How much can I save on real estate commission in UNDERWOOD, IA?

With SELL123.com's maximum 3% commission, sellers in UNDERWOOD, IA 51576 save an estimated $6,799 compared to a typical 5% commission on the median listing price of $339,950. 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.