Housing in New Underwood, SD

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — December 2025

Median Sale Price

$289,000

Median List Price

N/A

Price Per Sq Ft

$141

Days on Market

Active Inventory

Months of Supply

0.3

Seller's market

Zillow Home Value

$426,747

ZHVI — January 2026

Price Trends

Source: Redfin

Sale Price ↑ 46.7%List Price ↑ 20.8%Mar 24 → Dec 25

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Off Market in 2 Weeks

0.0%

Sale-to-List Ratio

93.2%

Buyer's market

Sold Above Asking

0.0%

Under Contract in 2 Wks

0.0%

Market Activity

Source: Redfin

Homes Sold

Pending Sales

Homes Sold ↑ 200.0%New Listings ↓ 50.0%Pending ↓ 66.7%Mar 24 → Dec 25

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$141

Sale $/SF ↓ 20.8%List $/SF ↓ 37.3%Mar 24 → Dec 25

New Underwood vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. New Underwood is highlighted.

Median Home Value

53rd%ilemost expensive$188,700show rank

Median Rent

39th%ilemost expensive rent$862show rank

Median Price Per Sq Ft

35th%ilemost expensive $/sqft$141show rank

Rent Burden

54th%ilehighest rent burden19.1%show rank

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$188,700

Median Rent

$862

Total Housing Units

222

Vacancy Rate

27.9%

Owner Occupied

69.4%

Renter Occupied

30.6%

Median Property Tax

$1,983

per year

Monthly Cost (w/ Mortgage)

$1,364

Housing Types

Single Family

63.5%

Multi-Family

5.9%

Mobile Home

30.6%

The current median sale price in New Underwood, SD is $289,000 according to Redfin data. Homes spend a median of 41 days on the market. 0.0% of homes sold above asking price. The market has 0.3 months of supply. The median price per square foot is $141. The median rent is $862 per month (Census ACS). About 69.4% of housing units are owner-occupied. The median year homes were built is 1972. There are 222 total housing units.