The median home in Underwood, Iowa is valued at $368,844, up 3.8% year over year. Underwood is part of the Omaha-Council Bluffs, NE-IA metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

Home Value$368,844

+3.8%

Prices rising — worse for buyers.

Affordability

Enter your income for Underwood.

Income (annual)

Down Payment

$73,769 on $368,844

Example: $75,000 household income. Change it above to see your own.

Out of reach40% of income

Need $107,057/yr to afford.

PITI$2,498

P/I40%

Afford$258K

Gap-$110K

P&I $1,865Tax $483Ins $150

6.50% 30yr, 20% down, county tax + IA ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Iowa

Compare Underwood with other housing markets across Iowa.

West Okoboji$794K Orleans$629K Wahpeton$550K Shueyville$525K Cumming$508K Panora$474K Honey Creek$441K Ackworth$437K

Full Omaha-Council Bluffs, NE-IA analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Omaha-Council Bluffs, NE-IA metro.

View Omaha-Council Bluffs, NE-IA metro

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Underwood, IA