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UNDERWOOD, IA 51576

Real Estate Market Report  ·  Pottawattamie County
Buyer's Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The UNDERWOOD, IA real estate market (51576) currently shows 3 active listings, with 3 pending sales. Homes are averaging 33 days on the market before going under contract.

Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 33 days on market compared to 17 days last year.

The median listing price has fallen 14.5% year-over-year, from $345,000 to $295,000.

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 Context

Market Context

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

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

Market Overview

Active Listings
3
⇧ 200% vs 1 last year
Pending
3
100% pending ratio
Median Price
$295,000
⇩ 14.5% vs $345,000 last year
Average Price
$295,000
⇩ 14.5% vs $345,000 last year
Days on Market
33
⇧ 94.1% vs 17 days last year

Price Per Square Foot

Median $/sqft
$159
vs $159/sqft last year
Median Home Size
1,923 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 3 this year vs 1 last year
  • Days on market: 33 now vs 17 last year

Median & Average Pricing

Year over Year
  • Median: $295,000 (-14.5% YoY)
  • Average: $295,000 (-14.5% 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
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 17.1 miles — 444 listings ($111,421,304 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
51576Underwood, IA 515760.0 mi3$825,000$275,000$275,000
51542Honey Creek, IA 515427.8 mi3$2,925,000$975,000$975,000
51553Minden, IA 515538.9 mi4$1,332,932$339,900$333,233
51575Treynor, IA 5157511.0 mi3$1,566,750$522,250$522,250
51510Carter Lake, IA 5151012.4 mi17$3,957,379$226,475$232,787
51501Council Bluffs, IA 5150113.6 mi79$16,889,726$198,750$213,794
68111Omaha, NE 6811114.4 mi101$18,159,901$179,125$179,801
68108Omaha, NE 6810815.1 mi40$10,383,240$210,600$259,581
68131Omaha, NE 6813115.4 mi41$12,430,790$233,350$303,190
68105Omaha, NE 6810516.3 mi76$22,832,832$275,000$300,432
51555Missouri Valley, IA 5155516.4 mi31$10,233,534$243,675$330,114
51571Silver City, IA 5157116.8 mi1$339,000$339,000$339,000
68107Omaha, NE 6810717.1 mi45$9,545,220$201,725$212,116

Frequently Asked Questions

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

As of March 2026, there are 3 active listings in UNDERWOOD, IA (zip code 51576), compared to 1 the prior year.

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

The median listing price in UNDERWOOD, IA 51576 is $295,000 as of March 2026, a 14.5% decrease from $345,000 the prior year.

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

Homes in UNDERWOOD, IA 51576 spend an average of 33 days on the market before going under contract, compared to 17 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 March 2026, UNDERWOOD, IA 51576 is currently a Buyer's Market. Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 33 days on market compared to 17 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 $5,900 compared to a typical 5% commission on the median listing price of $295,000. 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.