Active Listings
11
⇩ 31.3% vs 16 last year
Data as of September 2026. Source: Realtor.com.
The UNDERWOOD, MN real estate market (56586) currently shows 11 active listings, with 3 pending sales. Homes are averaging 34 days on the market before going under contract.
Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 34 days on market compared to 109 days last year.
The median listing price has fallen 3.5% year-over-year, from $411,225 to $396,950.
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 September 2026, there are 11 active listings in UNDERWOOD, MN (zip code 56586), compared to 16 the prior year.
The median listing price in UNDERWOOD, MN 56586 is $396,950 as of September 2026, a 3.5% decrease from $411,225 the prior year.
Homes in UNDERWOOD, MN 56586 spend an average of 34 days on the market before going under contract, compared to 109 days the prior year.
Based on current inventory and days-on-market data as of September 2026, UNDERWOOD, MN 56586 is currently a Seller's Market. Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 34 days on market compared to 109 days last year.
With SELL123.com's maximum 3% commission, sellers in UNDERWOOD, MN 56586 save an estimated $7,939 compared to a typical 5% commission on the median listing price of $396,950. 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.