2026 single family home for sale at 1016 8th Avenue NE in Perham, MN — 3 bed, 2 bath (photo 1 of 2)

1016 8th Avenue NE, Perham, MN 56573

Single Family Home for Sale in Perham, MN 3 Beds | 2 Baths | 1,817 Sq Ft

$429,500

$2,609/month Estimated

Principal & interest
$2,342
Property taxes
$16
Home insurance (est.)
$251
HOA dues
None

20% down ($85,900) · 30-yr fixed, 7.24%

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Estimates only; confirm before you offer.

Perham, MN Active

New Construction

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Located in Prairies Edge 2nd Add, Perham, MN.

About This Home

New Construction in Perham with options to pick out your preferred finishes! Quality built home in well developed neighborhood. 3 Bedroom, 2 bath home on slab with open floor plan, kitchen island, and sunroom with fireplace. Attached 2 car garage. Upgrades included: insulated and sheetrocked garage, Yard will be seeded and has lawn irrigation($12,000 Value). 2" slab insulation ($8,000 value). This development connects via walking/biking path to the City of Perham's walking/biking trails, pickle balls courts, softball fields, dog park, and 27 hole golf course. TIF financing available to those who qualify to reduce special assessments.

BuyPulse · Live market read

How 1016 8th Avenue NE Compares to the Perham Market

At $236/sqft, this home is priced $4/sqft below the typical Perham new-construction single-family home of $240/sqft.

New construction in Perham runs about 34% above comparable resale homes (~$179/sqft).

The median list price in Perham is $369,500.

Verdict: Strong Value

Homes like this one — new-construction single-family homes between $322K and $537K in Perham:

  • The field: 5 similar Perham homes for sale — a short list right now.
  • Price cuts: none of the 5 similar homes have trimmed asking yet. This one hasn't budged — builder pricing usually doesn't. Negotiate upgrades and closing costs instead.
  • Too few have sold recently to chart how fast they go or how they close — BuyPulse won't estimate those off a thin sample.

Powered by the Realgorithm™ — real Perham closings, zero guesses · NorthstarMLS

Key Features

Built
2026
Garage
2-Car Attached
Style
One
HOA
None
Annual Taxes
$196 (2026)

Neighborhood & Schools

Neighborhood
Prairies Edge

Property Details

Property Type
Single Family
Above Grade Sq Ft
1,817
Lot Size
0.22 acres
Basement
No
Roof
Asphalt
Construction
Frame
County
Otter Tail
List Date
2026-05-11
Days on Market
185 days
Parcel ID
77000991627000

Financial

Total Tax incl. Assessments
$196

Home Systems & Utilities

Heating
Forced Air
Cooling
Central Air
Water
City Water/Connected
Sewer
City Sewer/Connected
Appliances
Air-To-Air Exchanger, Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator

Interior Features

Fireplace
1 fireplace

Construction & Exterior

Construction & Structure

New Construction
Yes
Foundation Type
Slab
Foundation Area
1,817 sqft
Total Building Area
1,817 sqft

Exterior Features

Exterior Features
Vinyl
Accessibility Features
None

Parking & Garage

Parking Features
Attached Garage

Lot & Land

Zoning Description
Residential-Single Family

Agent & Office

List Office
Coldwell Banker Preferred Partners

Price History

Listed at $429,500 on May 11, 2026 — No price changes

1016 8th Avenue NE is listed in Perham, MN, part of Otter Tail County. Browse all Minnesota homes for sale on Modern Market REALTORS®.

Showing — 1016 8th Avenue NE

Shannon Barnum

Associate Broker · Modern Market REALTORS®

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

Listed by Coldwell Banker Preferred Partners · Shown by Modern Market REALTORS®

Schedule a Home Tour View Full Listing & Photos

MLS# 7071595 · Updated May 27, 2026

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Frequently Asked Questions About 1016 8th Avenue NE

Is $429,500 a good price for a home in Perham?
According to BuyPulse, 1016 8th Avenue NE rates Strong Value — at $236/sqft it's priced right at the typical Perham new-construction single-family home of $240/sqft. New construction in Perham runs about 34% above comparable resale homes (~$179/sqft). Powered by the Realgorithm™. Browse Perham homes for sale to compare.
What type of heating and cooling does 1016 8th Avenue NE have?
1016 8th Avenue NE has Forced Air heating and Central Air cooling.
Where is 1016 8th Avenue NE located?
1016 8th Avenue NE is in the Prairies Edge neighborhood of Perham, MN 56573, in Otter Tail County.
Is 1016 8th Avenue NE still available?
Yes — 1016 8th Avenue NE is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
When was 1016 8th Avenue NE built?
1016 8th Avenue NE was built in 2026. It features frame construction, an asphalt roof, and a slab foundation.
How many homes like 1016 8th Avenue NE are for sale in Perham?
5 similar homes (new-construction single-family homes between $322K and $537K in Perham) are for sale right now — a short list right now.
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

From inspection to closing to moving day, here are well-known local companies serving the Perham area.

MLS GRID Listings courtesy of NorthstarMLS as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 11/12/2026, 1:53 PM CST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.