Is $174,900 a good price for a home in Fergus Falls?

According to BuyPulse, 27887 238th Street rates Premium Pricing — at $353/sqft it's priced 140% above the typical Fergus Falls single-family home of $147/sqft. Its negotiating-position score is 54/100 (Balanced market), weighed on days on market, comparable inventory, and how Fergus Falls homes are closing versus list. Powered by the Realgorithm™.

Does 27887 238th Street have a basement?

Yes, 27887 238th Street has a basement.

What type of heating and cooling does 27887 238th Street have?

27887 238th Street has None heating and None cooling.

Where is 27887 238th Street located?

27887 238th Street is in the Get-a-way Bay Ests/norway Lake neighborhood of Fergus Falls, MN 56537, in Otter Tail County.

Is 27887 238th Street still available?

Yes — 27887 238th Street is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.

When was 27887 238th Street built?

27887 238th Street was built in 1965. It features icfs (insulated concrete forms) construction and a icfs (insulated concrete forms) foundation.

How many homes like 27887 238th Street are for sale in Fergus Falls?

12 similar homes (single-family homes between $131K and $219K in Fergus Falls) are for sale right now — you have options.

How fast do homes like 27887 238th Street sell in Fergus Falls?

Homes like this one (single-family homes between $131K and $219K in Fergus Falls) went pending in a median 4 days over the last 90 days — 6 of the last 11 went under contract within 4 days.

Do homes in Fergus Falls sell for asking price?

65% of the last 20 comparable Fergus Falls sales closed at or over list price — Fergus Falls doesn't discount. Based on real NorthstarMLS closings, not estimates.

What does "M Premiere" mean?

M Premiere™ is Modern Market REALTORS®’ early-access tracker for homes entering NorthstarMLS during the critical first 96 hours on market. Well-priced homes in Fargo-Moorhead frequently receive their strongest buyer attention in that opening window. M Premiere surfaces new inventory the moment it lists — so buyers can act before a home becomes widely discovered.

What does "BuyPulse" mean?

BuyPulse is Modern Market REALTORS®’ live market-data brand for Fargo-Moorhead: cohort statistics — homes for sale, median days to pending, and share of sales closing at or over list price — computed from real NorthstarMLS closings, not estimates.

What does "Realgorithm™" mean?

The Realgorithm™ is Modern Market REALTORS®’ proprietary market-data engine — it computes every BuyPulse verdict from real NorthstarMLS closings (comparable active inventory, median days to pending, and sale-to-list price ratio) rather than an automated online estimate.

1965 single family home for sale at 27887 238th Street in Fergus Falls, MN — 2 bed, 1 bath (photo 1 of 32)

1965 single family home for sale at 27887 238th Street in Fergus Falls, MN — 2 bed, 1 bath (photo 2 of 32)

1965 single family home for sale at 27887 238th Street in Fergus Falls, MN — 2 bed, 1 bath (photo 3 of 32)

1965 single family home for sale at 27887 238th Street in Fergus Falls, MN — 2 bed, 1 bath (photo 4 of 32)

1965 single family home for sale at 27887 238th Street in Fergus Falls, MN — 2 bed, 1 bath (photo 5 of 32)

1965 single family home for sale at 27887 238th Street in Fergus Falls, MN — 2 bed, 1 bath (photo 6 of 32)

1965 single family home for sale at 27887 238th Street in Fergus Falls, MN — 2 bed, 1 bath (photo 7 of 32)

1965 single family home for sale at 27887 238th Street in Fergus Falls, MN — 2 bed, 1 bath (photo 8 of 32)

1965 single family home for sale at 27887 238th Street in Fergus Falls, MN — 2 bed, 1 bath (photo 9 of 32)

1965 single family home for sale at 27887 238th Street in Fergus Falls, MN — 2 bed, 1 bath (photo 10 of 32)

1965 single family home for sale at 27887 238th Street in Fergus Falls, MN — 2 bed, 1 bath (photo 11 of 32)

1965 single family home for sale at 27887 238th Street in Fergus Falls, MN — 2 bed, 1 bath (photo 12 of 32)

1965 single family home for sale at 27887 238th Street in Fergus Falls, MN — 2 bed, 1 bath (photo 13 of 32)

1965 single family home for sale at 27887 238th Street in Fergus Falls, MN — 2 bed, 1 bath (photo 14 of 32)

1965 single family home for sale at 27887 238th Street in Fergus Falls, MN — 2 bed, 1 bath (photo 15 of 32)

1965 single family home for sale at 27887 238th Street in Fergus Falls, MN — 2 bed, 1 bath (photo 16 of 32)

1965 single family home for sale at 27887 238th Street in Fergus Falls, MN — 2 bed, 1 bath (photo 17 of 32)

1965 single family home for sale at 27887 238th Street in Fergus Falls, MN — 2 bed, 1 bath (photo 18 of 32)

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1965 single family home for sale at 27887 238th Street in Fergus Falls, MN — 2 bed, 1 bath (photo 21 of 32)

1965 single family home for sale at 27887 238th Street in Fergus Falls, MN — 2 bed, 1 bath (photo 22 of 32)

1965 single family home for sale at 27887 238th Street in Fergus Falls, MN — 2 bed, 1 bath (photo 23 of 32)

1965 single family home for sale at 27887 238th Street in Fergus Falls, MN — 2 bed, 1 bath (photo 24 of 32)

1965 single family home for sale at 27887 238th Street in Fergus Falls, MN — 2 bed, 1 bath (photo 25 of 32)

1965 single family home for sale at 27887 238th Street in Fergus Falls, MN — 2 bed, 1 bath (photo 26 of 32)

1965 single family home for sale at 27887 238th Street in Fergus Falls, MN — 2 bed, 1 bath (photo 27 of 32)

1965 single family home for sale at 27887 238th Street in Fergus Falls, MN — 2 bed, 1 bath (photo 28 of 32)

1965 single family home for sale at 27887 238th Street in Fergus Falls, MN — 2 bed, 1 bath (photo 29 of 32)

1965 single family home for sale at 27887 238th Street in Fergus Falls, MN — 2 bed, 1 bath (photo 30 of 32)

1965 single family home for sale at 27887 238th Street in Fergus Falls, MN — 2 bed, 1 bath (photo 31 of 32)

1965 single family home for sale at 27887 238th Street in Fergus Falls, MN — 2 bed, 1 bath (photo 32 of 32)

27887 238th Street, Fergus Falls, MN 56537

Name: 27887 238th Street, Fergus Falls, MN 56537
Brand: Modern Market REALTORS®
Price: 174900 USD
Availability: InStock

Just Listed — listed September 1, 2026 · M Premiere

2 Beds | 1 Bath | 496 Sq Ft | Single Family Home | MLS# 7136587

$174,900

Is 27887 238th Street a Good Deal?

BuyPulse Verdict

Premium Pricing

At $353/sqft — This home is priced 140% above the typical Fergus Falls single-family home of $147/sqft.

Your Negotiating Position

54 — Balanced market

Day 3 — similar homes typically go under contract by day ~4.

65% of recent sales closed at or over asking — Fergus Falls sellers rarely discount.

12 similar homes for sale — alternatives if they won't move.

$1,058/month Estimated

Principal & interest: $884
Property taxes: $72
Home insurance (est.): $102
HOA dues: None

20% down ($34,980) · 30-yr fixed, 6.5% · Can I afford this home?

Estimates only; confirm before you offer.

Fergus Falls, MN Active

Located in Get-A-Way Bay Ests/Norway Lake, Fergus Falls, MN.

About This Home

Here’s your chance to own a lake property on Norway Lake with much of the groundwork already completed! This 1965 cabin was moved in 2024 and placed on a new ICF basement/foundation, offering room to expand with two egress windows for future basement bedrooms. A new 1,500-gallon septic holding tank was installed in 2024, and a new well was drilled in 2026, both of which will be fully connected to the cabin by the Seller prior to closing. The property sits on 1.87 acres, with 154' of shoreline and includes a dock and boat lift, making it easy to start enjoying lake life. The Seller has the shoreline management permit to clear up to a 15' wide area of cattails for dock and lake access, similar to the neighboring property to the east. Newly planted Norway pines along the western property line will add additional privacy as they mature. The existing furnace will remain for the Buyer to use if desired, or consider adding a mini-split for an efficient heating and cooling option. A great opportunity to finish the property to your liking and make this Norway Lake getaway your own!

BuyPulse™ — Live Market Read

Homes like this one — single-family homes between $131K and $219K in Fergus Falls:

The field: 12 similar Fergus Falls homes for sale — you have options.
Tempo: homes like this went pending in a median 4 days — 6 of the last 11 inside 4 days.
Negotiation: 65% of the last 20 sales here closed at or over list — Fergus Falls doesn't discount.

Key Features

Property Type: Single Family
Year Built: 1965
Above Grade: 496 sq ft
Lot Size: 1.87 acres
Lot Features: Cleared
Heating: None
Cooling: None
Basement: Yes
Appliances: Range, Refrigerator
Sewer: Holding Tank
Water: Drilled, Well
Annual Taxes: $864
County: Otter Tail
Days on Market: 3

27887 238th Street is listed in Fergus Falls, MN, part of Otter Tail County. Browse all Minnesota homes for sale on Modern Market REALTORS®.

Showing — 27887 238th Street

Shannon Barnum

Associate Broker · Modern Market REALTORS®

Your Fergus Falls real estate expert since 2012 — I represent you, not the seller. Quick to respond, easy to text.

See all Fergus Falls homes ›

Listed by Century 21 Atwood · Shown by Modern Market REALTORS®

Schedule a Home Tour

First-Time Home Buyer Guide for Fargo-Moorhead — ND/MN buyer programs, budgeting, and the 7-step process.

View Full Listing & Photos

MLS# 7136587 · Data refreshed September 2, 2026

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Frequently Asked Questions About 27887 238th Street

Is $174,900 a good price for a home in Fergus Falls?: According to BuyPulse, 27887 238th Street rates Premium Pricing — at $353/sqft it's priced 140% above the typical Fergus Falls single-family home of $147/sqft. Its negotiating-position score is 54/100 (Balanced market), weighed on days on market, comparable inventory, and how Fergus Falls homes are closing versus list. Powered by the Realgorithm™. Browse Fergus Falls homes for sale to compare.
Does 27887 238th Street have a basement?: Yes, 27887 238th Street has a basement.
What type of heating and cooling does 27887 238th Street have?: 27887 238th Street has None heating and None cooling.
Where is 27887 238th Street located?: 27887 238th Street is in the Get-a-way Bay Ests/norway Lake neighborhood of Fergus Falls, MN 56537, in Otter Tail County.
Is 27887 238th Street still available?: Yes — 27887 238th Street is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
When was 27887 238th Street built?: 27887 238th Street was built in 1965. It features icfs (insulated concrete forms) construction and a icfs (insulated concrete forms) foundation.
How many homes like 27887 238th Street are for sale in Fergus Falls?: 12 similar homes (single-family homes between $131K and $219K in Fergus Falls) are for sale right now — you have options.
How fast do homes like 27887 238th Street sell in Fergus Falls?: Homes like this one (single-family homes between $131K and $219K in Fergus Falls) went pending in a median 4 days over the last 90 days — 6 of the last 11 went under contract within 4 days.
Do homes in Fergus Falls sell for asking price?: 65% of the last 20 comparable Fergus Falls sales closed at or over list price — Fergus Falls doesn't discount. Based on real NorthstarMLS closings, not estimates.
What does "M Premiere" mean?: M Premiere™ is Modern Market REALTORS®’ early-access tracker for homes entering NorthstarMLS during the critical first 96 hours on market. Well-priced homes in Fargo-Moorhead frequently receive their strongest buyer attention in that opening window. M Premiere surfaces new inventory the moment it lists — so buyers can act before a home becomes widely discovered.
What does "BuyPulse" mean?: BuyPulse is Modern Market REALTORS®’ live market-data brand for Fargo-Moorhead: cohort statistics — homes for sale, median days to pending, and share of sales closing at or over list price — computed from real NorthstarMLS closings, not estimates.
What does "Realgorithm™" mean?: The Realgorithm™ is Modern Market REALTORS®’ proprietary market-data engine — it computes every BuyPulse verdict from real NorthstarMLS closings (comparable active inventory, median days to pending, and sale-to-list price ratio) rather than an automated online estimate.

Local Companies to Help You Settle In

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27887 238th Street, Fergus Falls, MN 56537

2 Beds | 1 Bath | 496 Sq Ft | Single Family Home | MLS# 7136587

Is 27887 238th Street a Good Deal?

About This Home

BuyPulse™ — Live Market Read

Key Features

Similar Homes for Sale Near 27887 238th Street, Fergus Falls, MN

Frequently Asked Questions About 27887 238th Street

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