How much is land worth in Underwood, Iowa?
The median price for land in Underwood, Iowa is currently $36K per acre. For a typical parcel, the median sale price is $95K. Recently, the cheapest land sold for $95K while premium lots reached $95K.
Comprehensive market data and analysis• Updated Dec 2025
999.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | - |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | 1 |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 0 | 0 | 1 |
Acreage buckets
The median price for land in Underwood, Iowa is currently $36K per acre. For a typical parcel, the median sale price is $95K. Recently, the cheapest land sold for $95K while premium lots reached $95K.
Over the past 12 months, Underwood, Iowa saw 1 properties sold, totaling $95K in sales volume.
The 12-month rate is 1.4%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Land in Underwood, Iowa typically sells within 104 days of listing. The median time on market is 104 days. Properties are moving at a moderate pace in the current strong buyer's market.
The top-performing broker in this market is Heartland Properties.
The median land price in Underwood, Iowa stands at $95K. This translates to roughly $36K per acre for the typical parcel size.
There are currently 6 active listings in Underwood, Iowa. The median asking price is $89K.
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. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.