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Underwood, MN Real Estate


According to census data in the year 2000 there were 150 housing units in Underwood. This represents a 7.1% growth from 140 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 150 were located in what is classified as a rural area.

Homeownership rate in Underwood is about 74.6%. Underwood's vacancy rate, including seasonal lodging, is about 5.3%. Average household size is 2.27 people.

The majority of houses, apartments or condos in Underwood were built after 1939.

Statistics

Housing Size

Housing Units by Size
Studio Type1.30%
One Bedroom18.70%
Two Bedrooms30%
Three Bedrooms39.30%
Four Bedrooms9.30%
Five Bedrooms or more1.30%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.38
Median year structure was built1939
Median Value of occupied units$51,300
Median Price asked for vacant units$9,999

Rented Homes, Apartments and Condos

Average Household Size1.97
Median year structure was built1972

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage5.10%
Home Equity Loan5.10%
Simple Mortgage50.60%
Debt Free39.20%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs15.4%