House Prices

House Prices & Home Values Underwood, IN 2026


Average Data

average house price$260,956
average size per house1728 ft²
average price per ft²152 $ / ft²

06/24/2026 - The value range (VR) for house prices in Underwood, IN is $160/ sqft to $160/ sqft. An average home with 1728 sqft costs approximately $276,480 to $276,480. Underwood, IN includes 1 ZIP codes and it is located in Clark county. The lowest prices are found in ZIP 47177, while the highest are in ZIP 47177. The average price per sqare feet is $152. Our analysis is based on 9 property listings.

Avergage prices by ZIP codes Underwood

47177174 $ / ft²




Historical development of home values in Underwood

Year Estimated value (USD) Change vs. 2025
2010 $121,193 -53.6%
2011 $116,506 -55.4%
2012 $116,192 -55.5%
2013 $120,535 -53.8%
2014 $126,529 -51.5%
2015 $133,023 -49.0%
2016 $139,965 -46.4%
2017 $147,519 -43.5%
2018 $155,675 -40.3%
2019 $162,894 -37.6%
2020 $171,314 -34.4%
2021 $194,852 -25.3%
2022 $227,153 -13.0%
2023 $239,544 -8.2%
2024 $253,402 -2.9%
2025 $260,956 0.0%

Graph: estimated home values in Underwood over time (USD)



Example: 100% financing house in Underwood

Loan amount: $260,956

Interest rate: 6.00%

Fixed monthly payment: $1,564.56

Breakdown in the 1st month:
Interest portion: $1,304.78  –  Principal portion: $259.78

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $15,570.19 $3,204.57 $257,751.43
2 $15,372.54 $3,402.22 $254,349.21
3 $15,162.69 $3,612.06 $250,737.15
4 $14,939.91 $3,834.85 $246,902.30
5 $14,703.39 $4,071.37 $242,830.93
6 $14,452.27 $4,322.49 $238,508.44
7 $14,185.67 $4,589.09 $233,919.36
8 $13,902.63 $4,872.13 $229,047.22
9 $13,602.12 $5,172.63 $223,874.59
10 $13,283.09 $5,491.67 $218,382.92
11 $12,944.37 $5,830.38 $212,552.54
12 $12,584.77 $6,189.99 $206,362.55
13 $12,202.98 $6,571.78 $199,790.77
14 $11,797.65 $6,977.11 $192,813.66
15 $11,367.32 $7,407.44 $185,406.22
16 $10,910.44 $7,864.32 $177,541.91
17 $10,425.39 $8,349.37 $169,192.54
18 $9,910.42 $8,864.34 $160,328.20
19 $9,363.68 $9,411.07 $150,917.13
20 $8,783.23 $9,991.53 $140,925.60
21 $8,166.97 $10,607.78 $130,317.82
22 $7,512.71 $11,262.05 $119,055.77
23 $6,818.09 $11,956.67 $107,099.10
24 $6,080.63 $12,694.13 $94,404.98
25 $5,297.68 $13,477.07 $80,927.90
26 $4,466.45 $14,308.31 $66,619.59
27 $3,583.94 $15,190.81 $51,428.78
28 $2,647.01 $16,127.75 $35,301.03
29 $1,652.28 $17,122.48 $18,178.55
30 $596.20 $18,178.55 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Underwood, IN


1500 sqft3900 sqft
Ø selling price$275,881$586,872
Ø fast selling$250,801$528,185
Ø high price sale$300,960$645,560

In 2026, houses in Underwood, IN will be offered at an average price of $152 per square foot. A 1,500 sqft home priced at $275,881 is 24.91% more expensive per square foot than a 3,900 sqft home priced at $586,872. Home prices in Underwood, IN vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $406,297. Sellers who can wait longer may achieve a higher price of up to $496,585.


Discover Underwood, IN

Located in Southern Indiana, Underwood, Indiana offers a quiet, small-town atmosphere with easy access to regional amenities.
Travelers and residents alike appreciate that Underwood, IN blends rural charm with practical convenience for work, school, and shopping.
The community sits near major routes like I-65, providing straightforward connections to Louisville and other Southern Indiana hubs.

Lifestyle and Local Flavor

Daily life centers on family-run businesses, local services, and friendly neighborhoods that reflect the area?s agricultural roots.
Outdoor lovers find scenic country roads, nearby parks, and opportunities for hiking, fishing, and seasonal farm experiences.
Community spirit shows up in church gatherings, youth sports, and small events that make newcomers feel welcome.

Housing, Schools, and Jobs

The Underwood, Indiana real estate market features single-family homes, acreage properties, and a generally affordable cost of living.
Families benefit from access to Southern Indiana school options, with additional career training and colleges available across the region.
Jobs in logistics, light manufacturing, construction, and agriculture are within reach in neighboring towns along the transportation corridor.

Plan Your Visit

Whether you are planning a move or a weekend drive, explore things to do in Underwood, IN and discover a peaceful base close to big-city opportunities.



FAQ – Home Values in Underwood

What is the median home value in Underwood in 2026?

In 2026, the typical home value in Underwood is about $260,956 for an average home size of 1728 square feet. This corresponds to an average price of roughly $152 per square foot.

What is the average cost per square foot in Underwood?

In 2026, homes in Underwood sell for an average of around $152 per square foot, with a typical range between $160 and $160 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Underwood is about 1728 square feet, with an estimated 2026 value around $260,956.



Locations close to Underwood, IN

Columbus, IN120 $ / ft²
Brownstown, IN64 $ / ft²
Butlerville, IN94 $ / ft²
Taswell, IN300 $ / ft²
Sellersburg, IN123 $ / ft²
Scottsburg, IN118 $ / ft²
  imprint  Privacy