40887 State Highway 78, Perham, MN 56573
OFF MARKET

$241,900

Trulia Estimate
  • Studio
  • 1 Bath
  • 1,040 sqft (on 8.53 acres)

40887 State Highway 78, Perham, MN 56573

Est. Refi. Payment $1,550/mo*
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Home Value

Trulia Estimate
$242K
Since last month
Decreased$4K (-1.7%)
Since last year
Decreased$2K (-0.7%)
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 +62% in the last 10 years
MonthEstimated value
2026
September 2026$242K
August 2026$247K
July 2026$268K
June 2026$265K
May 2026$264K
April 2026$252K
March 2026$246K
February 2026$245K
January 2026$235K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

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
43894 Easy St, Perham, MN
0.15
Single-Family Home
$375,000
07/29/26
3
2.5
2,060
42253 439th Ave, Perham, MN
1.35
Single-Family Home
$200,000
07/07/26
2
1.5
1,960
42357 439th Ave, Perham, MN
1.44
Single-Family Home
$279,000
08/14/26
4
2
1,728
41195 460th Ave, Perham, MN
1.93
Single-Family Home
$500,000
11/25/25
3
3
2,329
41970 400th St, Perham, MN
2.25
Single-Family Home
$435,000
06/11/26
4
3
2,688
40130 460th Ave, Perham, MN
2.24
Single-Family Home
$340,000
08/28/26
3
2
2,080
223 3rd St SE, Perham, MN
2.50
Single-Family Home
$157,500
09/04/26
1
1
712
223 1st Ave S, Perham, MN
2.58
Single-Family Home
$102,000
01/23/26
3
1
1,656
532 2nd Ave SW, Perham, MN
2.49
Single-Family Home
$242,000
08/21/26
4
2
1,466
534 E Main St, Perham, MN
2.47
Single-Family Home
$244,000
01/08/26
3
2
2,010

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
43894 Easy St, Perham, MN 56573
0.15
$375,000
3
2.5
2,060
Recently Sold
41116 Easy Ln #26, Perham, MN 56573
0.24
$176,700
Studio
1
1,250
Off Market
43 Easy St, Perham, MN 56573
0.31
-
-
-
-
Off Market
41000 State Highway 78, Perham, MN 56573
0.34
$404,000
5
3
3,328
Off Market
TRACT Easy Ln #Q, Perham, MN 56573
0.35
-
-
-
-
Off Market
Tract F ST HWY 108 Highway, Perham, MN 56573
0.72
-
-
-
-
Off Market
Tract R St Hwy 108 Highway, Perham, MN 56573
0.72
-
-
-
-
Off Market
42269 State Highway 78, Perham, MN 56573
1.35
$264,900
3
2
1,600
For Sale
42253 439th Ave, Perham, MN 56573
1.35
$200,000
2
1.5
1,960
Recently Sold
439th Ave, Perham, MN 56573
1.37
$30,000
-
-
-
Recently Sold
42357 439th Ave, Perham, MN 56573
1.44
$279,000
4
2
1,728
Recently Sold

Local Information

  • Map ViewExplore the area around 40887 State Highway 78.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1919
8.53 acre lot
1,040 sqft
$233/sqft
Garage

About this House

This single-family home is located at 40887 State Highway 78, Perham, MN. 40887 State Highway 78 is in Perham, MN and in ZIP code 56573. This property has 1 bathroom and approximately 1,040 sqft of floor space. This property has a lot size of 8.53 acres and was built in 1919.
40887 State Highway 78, Perham, MN 56573 is a studio, 1 bathroom, 1,040 sqft single-family home built in 1919. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $241,900, with a rent estimate of $1,581/month.

Home Details for 40887 State Highway 78

Interior Features

Heating & Cooling
Heating: Forced AirAir ConditioningHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 2

Exterior Features

Exterior Home Features
Roof: AsphaltExterior: StuccoFoundation Type: Concrete
Parking & Garage
GarageParking: Garage Detached

Property Information

Year Built
Year Built: 1919
Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 8.53 acres

Price and Tax history

YearProperty taxTax assessment
2025
$1,910
$285,400
Home facts updated by county records

Market trends in Perham

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
47
1MoM

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"
    0
    Flag
  • 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. "
    1
    Flag
  • 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."
    1
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 40887 State Highway 78

  • What is 40887 State Highway 78 estimated to be worth?
    Trulia's estimated value for 40887 State Highway 78 in Perham, MN is $241,900.
  • 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 40887 State Highway 78?
    The closest schools to 40887 State Highway 78 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).
  • How big is the lot at 40887 State Highway 78?
    The lot at 40887 State Highway 78 in Perham, MN is about 8.5 acres.
  • Does 40887 State Highway 78 have a garage?
    Yes, 40887 State Highway 78 in Perham, MN has a garage.

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