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Underwood, IA Real Estate


According to census data in the year 2000 there were 263 housing units in Underwood. This represents a 21.2% growth from 217 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 263 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 4.2%. Average household size is 2.68 people.

The majority of houses, apartments or condos in Underwood were built after 1972.

Statistics

Housing Size

Housing Units by Size
Studio Type1.50%
One Bedroom11%
Two Bedrooms25.10%
Three Bedrooms40.70%
Four Bedrooms16.30%
Five Bedrooms or more5.30%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.96
Median year structure was built1968
Median Value of occupied units$95,900
Median Price asked for vacant units$75,000

Rented Homes, Apartments and Condos

Average Household Size1.86
Median year structure was built1976
Median Monthly Rent asked for vacant units$175

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan2.20%
Second Mortgage9.60%
Home Equity Loan3.40%
Simple Mortgage50.60%
Debt Free34.30%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs18%