2 bedroom homes for sale in Underwood, MN

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Underwood, MN Real Estate Market Overview

The inventory of homes for sale in Underwood, MN between March 2025 and April 2025 increased by 27.3%. While the average time on the market in April 2025 was 75 days, the median list price was $349,900.
From Rocket Homes Real Estate and based on county public records data

What is it like to live in Underwood, MN

Underwood is located in Otter Tail County, Minnesota. There are roughly 14 residents, living in 6 households. The average temperature for Underwood this time of the year is low of 44F and high of 68F. On average, Underwood gets about 2.86 inches of precipitation in May. Most residents are home owners (83%), have a post secondary degree (51%) and are married, no kids (46%).

Data provided by Home Junction

Housing market reports in Otter Tail County

Top real estate cities in Minnesota

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1The following offers are available only to clients who are purchasing a home and financing with Rocket Mortgage: (1) Client purchasing with a Rocket Homes Partner Agent through Rocket Homes will receive a lender paid credit that is 1.25% of their loan amount. For example, a $200,000 home purchase price minus a 5% down payment of $10,000 results in a loan amount of $190,000. Client would receive a credit of 1.25% of the $190,000, for a credit of $2,375 toward closing costs. (2) Client is referred by a real estate agent to buy a new home will receive a lender paid credit that is 0.50% of their loan amount. Offer does not apply to new loans submitted through an Executive Loan Officer, mortgage broker, through Schwab, or on nonagency jumbo loans, non-QM loans, bank statement loans, second lien products or team member loans. Offer may not be redeemed for cash and is nontransferable. Offer cannot be retroactively applied to loans where the rate has been locked. Conditions and exclusions apply. This is not a commitment to lend and is contingent on qualification per full underwriting guidelines.

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*Based on Rocket Mortgage data in comparison to public data records.

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