201 S  5th Ave, Truman, MN 56088
OFF MARKET

$123,700

Trulia Estimate
  • Studio

201 S 5th Ave, Truman, MN 56088

Est. Refi. Payment $836/mo*
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Home Value

Trulia Estimate
$124K
Since last month
Decreased$50K (-28.6%)
Since last year
Decreased$15K (-10.9%)
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 increased by +22% in the last 10 years
MonthEstimated value
2026
August 2026$124K
August 2026$122K
July 2026$173K
June 2026$122K
May 2026$128K
April 2026$156K
March 2026$162K
February 2026$147K
January 2026$158K
2025
2024
2023
2022

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
0.10
Single-Family Home
$164,900
08/07/26
3
2
2,022
0.07
Single-Family Home
$145,000
03/02/26
2
1
1,149
0.10
Single-Family Home
$92,200
11/20/25
4
2.5
2,652
0.11
Single-Family Home
$120,000
12/15/25
2
1
1,380
0.14
Single-Family Home
$190,200
08/20/26
2
3
1,512
0.16
Single-Family Home
$35,000
10/10/25
3
1
720
0.18
Single-Family Home
$57,000
07/31/26
4
1.5
1,714
0.23
Single-Family Home
$185,000
11/21/25
5
2.5
3,485
0.27
Single-Family Home
$92,460
12/19/25
3
1.5
1,396
0.27
Single-Family Home
$154,900
03/24/26
2
2
3,576

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
0.05
$164,400
3
2
2,177
Off Market
0.07
$145,000
2
1
1,149
Recently Sold
0.08
-
2
1
1,330
Off Market
0.10
$92,200
4
2.5
2,652
Recently Sold
0.09
$174,300
4
1
1,827
Off Market
0.10
$164,900
3
2
2,022
Recently Sold
0.11
$120,000
2
1
1,380
Recently Sold
0.13
$73,600
1
1
896
Off Market
0.15
$218,700
4
2
2,352
Off Market
0.14
$141,800
2
1
1,431
Off Market
0.16
$35,600
3
1
720
Off Market
0.18
$57,000
4
1.5
1,714
Recently Sold

Local Information

  • Map ViewExplore the area around 201 S 5th Ave.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
9.66 acre lot

About this House

This single-family home is located at 201 S 5th Ave, Truman, MN. 201 S 5th Ave is in Truman, MN and in ZIP code 56088. This property has a lot size of 9.66 acres.
201 S 5th Ave, Truman, MN 56088 is a studio single-family home. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $123,700, with a rent estimate of $1,390/month.

Home Details for 201 S 5th Ave

Property Information

Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 9.66 acres

Price and Tax history

YearProperty taxTax assessment
2025
$150
$106,300
Home facts updated by county records

Market trends in Truman

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
10
2
MoM

What Locals Say about Truman

At least 1 Trulia users voted on each feature.
  • 100 % Say it's dog friendly

  • 100 % Say it's quiet

  • 100 % Say it's walkable to restaurants

  • 100 % Say parking is easy

  • 100 % Say car is needed

  • 100 % Say people would walk alone at night

  • 100 % Say there are sidewalks

  • 100 % Say kids play outside

  • 100 % Say yards are well-kept

  • 67 % Say there's holiday spirit

  • 50 % Say there are community events

  • 50 % Say there's wildlife

  • 43 % Say neighbors are friendly

  • 40 % Say it's walkable to grocery stores

Sourced by Trulia users. Learn more about our methodology.
  • DecoratingWizard
    "The Truman community is known as a "working together" town with many events all run by volunteers. The neighborhoods are safe and clean, the park system is extensive and there are sidewalks everywhere for walking. The streets are wide to accomodate walkers, vehicles and bikes all at the same time. There is a pool and volleyball court. There are numerous churches available. Several restaurants in the city offer a variety of foods. Citizens take care of their yards. There is industry there and Truman boasts very black dirt for farm land. Since I have lived there, it has grown by 12%. That's pretty good for a small town."

LGBTQ Local Legal Protections

Frequently asked questions about 201 S 5th Ave

  • What is 201 S 5th Ave estimated to be worth?
    Trulia's estimated value for 201 S 5th Ave in Truman, MN is $123,700.
  • Is Truman a buyer's or seller's market?
    Truman is currently a buyer's market, based on recent for-sale activity.
  • What are the closest schools to 201 S 5th Ave?
    The closest schools to 201 S 5th Ave in Truman, MN are Truman Elementary School (Pre-K, rated 6/10), Truman Secondary (Middle/High, rated 6/10).
  • How big is the lot at 201 S 5th Ave?
    The lot at 201 S 5th Ave in Truman, MN is about 9.7 acres.

Apartments for Rent

Off Market Homes Near 201 S 5th Ave

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