116 2nd Ave SW, Perham, MN 56573
OFF MARKET

$335,400

Trulia Estimate
  • Studio

116 2nd Ave SW, Perham, MN 56573

Home Value

Trulia Estimate
$335K
Since last month
Decreased$43K (-11.4%)
Since last year
Decreased$39K (-10.5%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value decreased by -8% in the last 10 years
MonthEstimated value
2026
August 2026$335K
August 2026$335K
July 2026$378K
June 2026$339K
May 2026$347K
April 2026$345K
March 2026$322K
February 2026$328K
January 2026$328K
2025
2024
2023

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.13
Single-Family Home
$102,000
01/23/26
3
1
1,656
0.18
Single-Family Home
$190,000
04/30/26
3
1.5
3,378
0.21
Single-Family Home
$210,000
06/29/26
3
1
2,280
0.22
Single-Family Home
$229,000
06/01/26
3
2
2,300
0.28
Single-Family Home
$215,000
11/19/25
3
1.5
-
0.29
Single-Family Home
$220,000
05/01/26
2
2
2,128
0.30
Single-Family Home
$242,000
08/21/26
4
2
1,466
0.31
Single-Family Home
$275,000
02/17/26
3
3
2,488
0.33
Single-Family Home
$119,000
05/27/26
3
2
2,336
0.37
Single-Family Home
$175,000
07/24/26
3
1
1,501

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.09
-
-
-
-
Off Market
0.09
-
-
-
-
Off Market
0.11
-
-
-
-
Off Market
0.11
$235,000
-
-
-
For Sale
0.11
$120,000
-
-
-
Recently Sold
0.15
-
4
2
-
Off Market
0.12
$281,200
3
2
3,020
Off Market
0.13
$334,900
1
1
2,412
For Sale
0.13
$102,000
3
1
1,656
Recently Sold
0.14
$201,100
3
1
1,144
Off Market
0.13
$359,600
7
4
4,593
Off Market
0.15
$219,900
3
1
1,240
Off Market

Local Information

  • Map ViewExplore the area around 116 2nd Ave SW.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1900

About this House

This single-family home is located at 116 2nd Ave SW, Perham, MN. 116 2nd Ave SW is in Perham, MN and in ZIP code 56573. This property was built in 1900.
116 2nd Ave SW, Perham, MN 56573 is a studio single-family home built in 1900. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $335,400, with a rent estimate of $1,541/month.

Home Details for 116 2nd Ave SW

Interior Features

Levels, Entrance, & Accessibility
Stories: 1

Property Information

Year Built
Year Built: 1900
Property Type / Style
Property Type: Single Family Home

Price and Tax history

YearProperty taxTax assessment
2025
$5,054
$338,100
Home facts updated by county records

Market trends in Perham

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
48
1
MoM

Around this home

What Locals Say about Perham

At least 19 Trulia users voted on each feature.
  • 100 % Say yards are well-kept

  • 92 % Say there's holiday spirit

  • 92 % Say kids play outside

  • 87 % Say parking is easy

  • 83 % Say car is needed

  • 81 % Say people would walk alone at night

  • 76 % Say streets are well-lit

  • 71 % Say it's walkable to restaurants

  • 70 % Say it's dog friendly

  • 70 % Say there are sidewalks

  • 68 % Say it's quiet

  • 63 % Say it's walkable to grocery stores

  • 54 % Say neighbors are friendly

  • 47 % Say they plan to stay for at least 5 years

  • 45 % Say there are community events

  • 43 % Say there's wildlife

Sourced by Trulia users. Learn more about our methodology.
  • Wereade
    "Summer turtle races. Lots of community things done every season. Perham crazy days in the summer, county fair, lots of parks"
  • Sarah
    "The town has family based events through the year. Employment is obtainable almost right away. Lots of parks and walking trails. I wish there were more day cares and affordable department stores available within the community. "
  • Purple87
    "Perham is a great community to raise a family. People are close and the school is outstanding. Summer is busy with all kind of local options and lake life is awesome."

LGBTQ Local Legal Protections

Frequently asked questions about 116 2nd Ave SW

  • What is 116 2nd Ave SW estimated to be worth?
    Trulia's estimated value for 116 2nd Ave SW in Perham, MN is $335,400.
  • Is Perham a buyer's or seller's market?
    Perham is currently a buyer's market, based on recent for-sale activity.
  • What do residents say about Perham?
    Residents describe Perham, MN as well-kept, easy to park in, and walkable to restaurants. See recently sold homes in Perham, MN.
  • What are the closest schools to 116 2nd Ave SW?
    The closest schools to 116 2nd Ave SW in Perham, MN are Heart Of The Lake Elementary School (Pre-K, rated 7/10), Perham Senior High School (rated 7/10), Prairie Wind Middle School (Elementary, rated 6/10).

Apartments for Rent

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Off Market Homes Near 116 2nd Ave SW

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Homes for sale near 116 2nd Ave SW

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