How much is land worth in Underwood, Indiana?
The median price for land in Underwood, Indiana is currently $18K per acre. For a typical parcel, the median sale price is $88K. Recently, the cheapest land sold for $88K while premium lots reached $88K.
Comprehensive market data and analysis• Updated Oct 2026
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | - |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | 2 |
| 5-10 acres | - | - | - | 1 |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | 1 | 2 |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 0 | 1 | 5 |
Acreage buckets
The median price for land in Underwood, Indiana is currently $18K per acre. For a typical parcel, the median sale price is $88K. Recently, the cheapest land sold for $88K while premium lots reached $88K.
The median land price in Underwood, Indiana stands at $88K. This translates to roughly $18K per acre for the typical parcel size.
Land in Underwood, Indiana averages $18K per acre. The median price per acre is $18K, which may be more representative of typical transactions. Most parcels sold are around 5.0 acres.
Over the past 12 months, Underwood, Indiana saw 1 properties sold, totaling $88K in sales volume.
Land in Underwood, Indiana typically sells within 44 days of listing. The median time on market is 44 days. Properties are moving quickly.
The top-performing broker in this market is Guthrie Realty Services LLC.
The 12-month rate is 100.0%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity, and some transactions are reported late. The date at the top of the page is the report date. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
See land for sale and off-market property records in Underwood on LandyDandy.
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