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Perham

Why you'd want to live in Perham

Perham is a small, yet vibrant city located on Highway 10 in Otter Tail County, the heart of Minnesota’s lake country. More than 3,000 people call Perham, Minnesota home and are happy to share why they love living in Perham. Perham is more than just a great place to live and raise a family. The city is home to many lakes, with swimming, boating, and fishing in the summer, and community events and activities year-round. We also have an active downtown, with many shops, restaurants, and attractions for people of all ages. Companies in Perham do business locally, regionally, nationally, and even internationally. In fact, products made right here in Perham, Minnesota, are exported to over twenty countries worldwide. Click here to watch an interview with Kenny Nelson of KLN Enterprises of Perham. With a wide variety of recreational activities, and a relaxed, resort-like lifestyle, Perham offers many of the attractions of big-city life while providing the home-town feel of a smaller community. via ci.perham.mn.us

Perham Market Report

$355,282

AVERAGE PRICE OF 69 HOMES

$1,733,333

AVERAGE PRICE OF 3 MULTI-MILLION DOLLAR HOMES

$431,755

AVERAGE PRICE OF 9 NEWLY BUILT HOMES

$369,000

AVERAGE PRICE OF 1 REDUCED PRICE HOMES

Average Home

Average Price $355,282
Avg Bedrooms 2.04 beds
Avg Bathrooms 1.46 baths

Average Price by Bedrooms

2 bedrooms $279,533
3 bedrooms $346,620
4 bedrooms $559,049
Perham Home Price Trends
  5/2024 4/2024 3/2024 2/2024 1/2024
Total Listings 64 51 43 41 41
Average Price $350,272 $340,692 $329,928 $348,975 $296,534
Avg Price Change +2.81% +3.26% -5.77% +17.68% +14.72%
Median Price $265,500 $267,196 $268,092 $276,750 $259,900
Med Price Change -0.64% -0.34% -3.23% +6.48% -8.24%
Avg Bedrooms 1.99 beds 1.99 beds 1.78 beds 1.9 beds 1.98 beds
Avg Bathrooms 1.45 baths 1.4 baths 1.23 baths 1.38 baths 1.44 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 69 $355,282 121 days
Multi-Million Dollar Homes 3 $1,733,333 103 days
Newly Built Homes 9 $431,755 113 days
Reduced Price Homes 1 $369,000 42 days
Centennial Realty
Bonnie Dykhoff
94 Miller Street
New York Mills, MN 56567
218-385-3562

The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Regional Multiple Listing Service of Minnesota, Inc. Real Estate listings held by brokerage firms other than Bonnie Dykhoff - Centennial Realty are marked with the Broker ReciprocitySM logo or the Broker Reciprocity and detailed information about them includes the name of the listing brokers. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. Copyright2024Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. Data last updated June 25, 2024
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