The median home in Underwood, Indiana is valued at $242,049, up 3.0% year over year. Underwood is part of the Scottsburg, IN metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

See the full metro analysis: Scottsburg, IN stress score, crash risk, and 12-month forecast →

Home Value$242,049

+3.0%

AFFORDABILITY

Enter your income for Underwood.

Income (annual)

Down Payment

$48,410 on $242,049

Affordable — 24.5% of income

Under the 28% guideline.

PITI$1,529

P/I24.5%

Afford$277K

Room+$35K

P&I $1,224Tax $171Ins $133

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

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

Other cities in Indiana

Compare Underwood with other housing markets across Indiana.

Dune Acres$889K Clear Lake$747K Long Beach$720K Zionsville$661K Carmel$548K Michiana Shores$540K Ogden Dunes$467K Westfield$460K

Full Scottsburg, IN analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Scottsburg, IN metro.

View Scottsburg, IN metro →

UNDERWOOD, IN