Active Listings
4
⇩ 20% vs 5 last year
Data as of March 2026. Source: Realtor.com.
The UNDERWOOD, MN real estate market (56586) currently shows 4 active listings, with 1 pending sales. Homes are averaging 60 days on the market before going under contract.
Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 60 days on market compared to 66 days last year.
The median listing price has fallen 23.1% year-over-year, from $385,000 to $296,150.
Whether you are buying or selling in UNDERWOOD, MN, 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.
Population: 1,808 · Density: 9.5/mi² · Median household income: $76,080
Typical home value: $265,838 · Homeownership: 91.8%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 56586 | Underwood, MN 56586 | 0.0 mi | 6 | $1,589,628 | $292,400 | $264,938 |
| 56324 | Dalton, MN 56324 | 11.5 mi | 2 | $269,800 | $134,900 | $134,900 |
| 56537 | Fergus Falls, MN 56537 | 12.4 mi | 37 | $12,756,231 | $336,250 | $344,763 |
| 56524 | Clitherall, MN 56524 | 13.6 mi | 6 | $3,574,020 | $285,425 | $595,670 |
| 56533 | Elizabeth, MN 56533 | 15.9 mi | 1 | $179,000 | $179,000 | $179,000 |
| 56309 | Ashby, MN 56309 | 16.9 mi | 4 | $1,296,952 | $319,000 | $324,238 |
| 56551 | Henning, MN 56551 | 18.6 mi | 10 | $3,673,960 | $305,700 | $367,396 |
| 56326 | Evansville, MN 56326 | 21.9 mi | 2 | $229,800 | $114,900 | $114,900 |
| 56531 | Elbow Lake, MN 56531 | 24.1 mi | 12 | $2,538,192 | $179,950 | $211,516 |
| 56527 | Deer Creek, MN 56527 | 25.1 mi | 2 | $618,900 | $309,450 | $309,450 |
| 56315 | Brandon, MN 56315 | 26.5 mi | 4 | $1,970,668 | $501,150 | $492,667 |
| 56567 | New York Mills, MN 56567 | 27.4 mi | 11 | $3,199,207 | $264,900 | $290,837 |
| 56311 | Barrett, MN 56311 | 29.5 mi | 2 | $489,800 | $244,900 | $244,900 |
As of March 2026, there are 4 active listings in UNDERWOOD, MN (zip code 56586), compared to 5 the prior year.
The median listing price in UNDERWOOD, MN 56586 is $296,150 as of March 2026, a 23.1% decrease from $385,000 the prior year.
Homes in UNDERWOOD, MN 56586 spend an average of 60 days on the market before going under contract, compared to 66 days the prior year.
Based on current inventory and days-on-market data as of March 2026, UNDERWOOD, MN 56586 is currently a Seller's Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 60 days on market compared to 66 days last year.
With SELL123.com's maximum 3% commission, sellers in UNDERWOOD, MN 56586 save an estimated $5,923 compared to a typical 5% commission on the median listing price of $296,150. 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.