Housing in Perham, MN

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

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$173,000

Median List Price

$149,000

Price Per Sq Ft

$91

Days on Market

93

Active Inventory

14

Months of Supply

7.0

Buyer's market

Zillow Home Value

$348,857

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 59.5%List Price 54.2%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Off Market in 2 Weeks

0.0%

Sale-to-List Ratio

95.2%

Buyer's market

Sold Above Asking
0.0%
Under Contract in 2 Wks
0.0%
Listings with Price Drops
14.3%

Market Activity

Source: Redfin

Homes Sold

2

New Listings

1

Pending Sales

1

Homes Sold 100.0%New Listings 85.7%Pending 87.5%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$91

Median List $/SF

$63

Sale $/SF 61.8%List $/SF 60.9%Mar 24Jan 26

Perham vs Similar Cities

Source: Census ACS / Redfin (2023)

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

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

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

Median Home Value

$186,000

Median Rent

$813

Total Housing Units

1,584

Vacancy Rate

10.5%

Owner Occupied

54.5%

Renter Occupied

45.5%

Median Property Tax

$2,206

per year

Monthly Cost (w/ Mortgage)

$1,014

Housing Types

Single Family
67.0%
Multi-Family
29.0%
Mobile Home
4.0%

The current median sale price in Perham, MN is $173,000 according to Redfin data. Homes spend a median of 93 days on the market. 0.0% of homes sold above asking price. The market has 7.0 months of supply. The median price per square foot is $91. The median rent is $813 per month (Census ACS). About 54.5% of housing units are owner-occupied. The median year homes were built is 1977. There are 1,584 total housing units.