Living in Underwood, Minnesota

Overview

Nestled in the heart of Otter Tail County, Underwood, Minnesota, is a charming small town that offers a perfect blend of rural tranquility and modern conveniences. Known for its warm community spirit and scenic landscapes, Underwood has recently seen exciting developments, including the opening of a new community park in 2022 and the expansion of Underwood High School facilities. With a median home price of $299,000 and homes typically staying on the market for about 50 days, Underwood provides an attractive opportunity for those looking to settle in a close-knit community.

Neighborhoods

Underwood is divided into several distinctive neighborhoods, each with its own unique charm. Downtown Underwood serves as the bustling heart of the town, where historic buildings house local businesses and cafes. The West Side is known for its beautiful residential streets lined with mature trees, offering a serene living environment. Meanwhile, the East Side is home to the new community park, a recent addition that has quickly become a favorite gathering spot for residents.

Schools & Education

Underwood takes pride in its educational institutions, with the Underwood School District (ISD 550) providing quality education to the town's youth. The district includes Underwood High School and Underwood Elementary School, both known for their commitment to academic excellence and supportive learning environments. The recent expansion of the high school facilities has further enhanced the educational opportunities available to students in the area.

Parks & Recreation

Nature lovers will find plenty to enjoy in Underwood, with its abundance of parks and outdoor spaces. Underwood City Park offers a great place for families to enjoy picnics and outdoor activities. Phelps Mill County Park, a short drive away, is famous for its historic mill and picturesque setting along the Otter Tail River. Otter Tail River Park provides additional opportunities for fishing, kayaking, and enjoying the serene waterside views.

Local Events

Underwood's vibrant community spirit shines through its annual events and festivals. The Underwood Harvest Festival is a beloved tradition that celebrates the town's agricultural roots with parades, food stalls, and live entertainment. The Phelps Mill Festival showcases local arts and crafts, attracting visitors from all over the region. Another highlight is the Underwood Lions Fish Fry, an event that brings the community together for a delicious meal and socializing.

Real Estate Market

The Underwood real estate market is characterized by its affordability and steady activity. With a median home price of $299,000, the market has seen a year-over-year change of -14.5%, making it an appealing option for buyers seeking value. Currently, there are 11 active listings, and 7 homes have been sold in the last 90 days. This stable market offers both new residents and long-time locals a chance to find their ideal home in a welcoming community.

Commute & Location

Underwood's location offers convenient access to the Twin Cities metro area, making it an ideal choice for those who work in the city but prefer the peace of a small town. The drive to the Twin Cities is straightforward, with major highways providing a smooth commute. This accessibility allows residents to enjoy the best of both worlds: the career opportunities and cultural activities of the city, alongside the relaxed pace of life in Underwood.

Local Insight

As a Twin Cities real estate expert, I've noticed that Underwood's recent developments, such as the new community park and school expansions, have significantly enhanced the town's appeal. These improvements have not only boosted property values but have also contributed to a stronger sense of community pride. One hidden gem that locals love is the Otter Supper Club & Lodge, a cozy spot known for its friendly atmosphere and delicious home-cooked meals. This local favorite adds to the town's charm and exemplifies the welcoming nature of Underwood's residents.

Underwood, Minnesota, is more than just a place to live—it's a community where neighbors become friends, and the beauty of nature is just a stone's throw away. Whether you're drawn by the affordable real estate, the excellent schools, or the vibrant community events, Underwood offers a unique and fulfilling lifestyle for all who call it home.

Frequently Asked Questions

What is the median home price in Underwood, MN?

The current median home price in Underwood is $299,000. This represents a -14.5% change from last year. Underwood offers a range of housing options across its neighborhoods including Downtown, West Side, East Side.

What schools serve Underwood residents?

Underwood is served by Underwood School District (ISD 550), with Underwood High School as the main high school. Elementary options include Underwood Elementary School. The district is known for its strong academic programs and community involvement.

How long does it take to commute from Underwood to Minneapolis or St. Paul?

From Underwood, typical commute times are: 2 hours 39 mins to Downtown Minneapolis (175.8 mi), 2 hours 45 mins to Downtown St. Paul (184.5 mi). Other key destinations include 2 hours 48 mins to Mall of America, 2 hours 49 mins to Minneapolis Airport. These times are based on typical traffic conditions and provide excellent access to the Twin Cities metro area.

How long do homes typically stay on the market in Underwood?

Homes in Underwood typically sell within 50 days. With 11 active listings and 7 homes sold in the past 90 days, it's a dynamic market that rewards prepared buyers.