Earlier quoted context omitted.
Those who did likely died. "Pa says that all sorts of cliffs and buildings toppled, oceans slopped over, swamps and sandy deserts gave great sliding surges that buried nearby lands."
...and then it stopped. And then they could have moved underground. Even in their own neighborhood (in a city) I imagine there were basements.
That's to get to the stable point. It takes a while for the earth to cool down. Assuming 100m depth, ... I tried, but I couldn't figure out the physics. The frost depth in some parts of the world is over 2 meters, so a basement wouldn't be all that useful. Compare the temperature of -50C for winter in Siberia to -270C for the many years of the story. You'll also have liquid air leaking through any cracks and pooling in the bottom - the parts at least which don't drain to cover the frozen sea.
But how deep do you need to go to be ahead of the chill? I found a table in the "permafrost" page on Wikipedia, which linked to http://www.dtic.mil/cgi-bin/GetTRDoc?Location=U2&doc=Get... . That looks like it has enough details to figure out how long it would take for a surface temperature near absolute zero to penetrate 100m into the ground, causing an initial subsurface temperature of 12C to drop to 0C. Can you figure it out?
In any case, perhaps others might have survived in deep caves, using geothermal heat. It's doesn't mean that the people in this story couldn't have survived using some other means.