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Featured local agent — New Underwood, SD
Sarah Mitchell
Compass Real Estate · New Underwood, SD
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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New Underwood, SD Housing Market & Real Estate
Housing market overview · Updated monthly ·
$320,000median sale price
How is the New Underwood, SD housing market right now?
The median home sale price in New Underwood, SD is $320,000. Homes sell in an average of 79 days with 1 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is New Underwood a buyer's or seller's market?
New Underwood, SD is currently a seller's market, based on 1.0 months of supply and homes selling in about 79 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
79
Average pace
Active listings
1
1.0 months supply
Sale-to-list
97.0%
Below asking
What does the New Underwood housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $320,000 |
| Average days on market | 79 days |
| Active inventory | 1 listings |
| Months of supply | 1.0 months |
| Sale-to-list price ratio | 97.0% |
| Median price per sq ft | $329/sq ft |
| Homes sold (latest month) | 1 |
| Listings with a price cut | 100.0% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in New Underwood by property type?
How the New Underwood, SD market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $320,000 | $329/sq ft | 1 | 79 days |
Source: Redfin · Updated monthly
The New Underwood housing market is currently classified as a seller's market with a median sale price of $320,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 79 days on market, indicating 1.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 8.4x provides context for how home values compare to local earning capacity.
Homes for sale in New Underwood
There are currently 1 homes listed for sale in New Underwood, South Dakota.
Active listings
1
Homes on market
Avg. days on market
79
Days until sale
Who lives in New Underwood?
Population
538
Median income
$54,167/yr
Median age
38.6 years
Owner-occupied
69.4%
College grads
11.8%
Avg commute
24.8 min
Source: U.S. Census Bureau ACS
What are homes worth in New Underwood?
Zillow home value
$453,456
Price-to-income
8.4x
Source: Zillow Research
What is it like to live in New Underwood?
New Underwood is a community of approximately 1K residents with a median age of 38.6 years.The median household income is $54,167, which represents a working-class community with solid middle-income opportunities. 11.8% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 69.4%, reflecting strong community stability and long-term resident commitment. The average commute time is 24.8 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, New Underwood offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve New Underwood?
3 schools tracked · 274 students
The largest public schools serving New Underwood, SD by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
New Underwood Elementary - 02
Grades K-5 · 121 students
New Underwood High School - 01
Grades 9-12 · 94 students
New Underwood Middle School - 04
Grades 6-8 · 59 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near New Underwood, SD?
Want a head-to-head view? Compare New Underwood side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in New Underwood?
The median home sale price in New Underwood is $320,000, down 0.0% from last year.
How long do homes stay on market in New Underwood?
Homes typically spend 79 days on market before going under contract.
What is the median income in New Underwood?
The median household income is $54,167 per year.
Is New Underwood a buyer's or seller's market?
With 1.0 months of supply, New Underwood is currently a seller's market.
What is the Zillow home value estimate for New Underwood?
The Zillow Home Value Index (ZHVI) for New Underwood is $453,456, representing the typical home value in the area.
How much does a single-family home cost in New Underwood?
The median single-family home price in New Underwood, SD is $320,000 (about $329 per square foot).
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