1996 single family home for sale at 45161 County Highway 8 in Perham, MN — 2 bed, 3 bath (photo 1 of 25)

45161 County Highway 8, Perham, MN 56573

2 Beds | 3 Baths | 1,846 Sq Ft | Single Family Home | MLS# 7083728

Price Drop on M Markdowns — was $314,900 (↓ $25,900)

$289,000

Is 45161 County Highway 8 a Good Deal?

BuyPulse Verdict

Excellent Value

At $157/sqft — This home is priced 15% below the typical Perham single-family home of $185/sqft.

Your Negotiating Position

80 — Strong buyer leverage

Day 113 — Perham homes overall typically go under contract by day ~23. This one is past that window.

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

This seller already cut $25,900 — motivation showing.

Powered by the Realgorithm™ — 43 active Perham listings · NorthstarMLS

$1,806/month Estimated

Principal & interest
$1,461
Property taxes
$176
Home insurance (est.)
$169
HOA dues
None

20% down ($57,800) · 30-yr fixed, 6.5% · Can I afford this home?

Estimates only; confirm before you offer.

Perham, MN Active

About This Home

Rural Perham home: Approx 1.5 acre lot conveniently located near 27 hole golf course, walking trail, and parks. Easy living with low utility costs and maintenance. This 2 bedroom, 2.5 bath home is built on slab with in-floor heat and attached garage. The master bedroom has full bath and large closets. The second bedroom is large and can accommodate lots of sleepers when they visit or will host office space if needed. The living room with gas fireplace is roomy and bright. There's a mud room off the garage with plenty of storage, the laundry area, and a 1/2 bath. Recent updates include new furnace boiler, water softener, back patio, refrigerator, and dishwasher.

BuyPulse™ — Live Market Read

Homes like this one — single-family homes between $217K and $361K in Perham:

  • The field: 16 similar Perham homes for sale — you have options.

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

Key Features

Property Type
Single Family
Year Built
1996
Above Grade
1,846 sq ft
Lot Size
1.49 acres
Garage
2-car (Attached Garage)
Heating
Boiler
Cooling
None
Appliances
Dishwasher, Exhaust Fan, Gas Water Heater, Range, Refrigerator, Water Softener Owned
Sewer
Private Sewer, Tank with Drainage Field
Water
Private, Well
Annual Taxes
$2,110
County
Otter Tail
Days on Market
113

45161 County Highway 8 is listed in Perham, MN, part of Otter Tail County. Browse all Minnesota homes for sale on Modern Market REALTORS®.

Showing — 45161 County Highway 8

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# 7083728 · Data refreshed July 21, 2026

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Frequently Asked Questions About 45161 County Highway 8

Is $289,000 a good price for a home in Perham?
According to BuyPulse, 45161 County Highway 8 rates Excellent Value — at $157/sqft it's priced 15% below the typical Perham single-family home of $185/sqft. Its negotiating-position score is 80/100 (Strong buyer leverage), weighed on days on market, comparable inventory, and how Perham homes are closing versus list. Powered by the Realgorithm™. Browse Perham homes for sale to compare.
What type of heating and cooling does 45161 County Highway 8 have?
45161 County Highway 8 has Boiler heating and None cooling.
Where is 45161 County Highway 8 located?
45161 County Highway 8 is in Perham, MN 56573, in Otter Tail County.
Is 45161 County Highway 8 still available?
Yes — 45161 County Highway 8 is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
When was 45161 County Highway 8 built?
45161 County Highway 8 was built in 1996. It features an asphalt roof and a slab foundation.
Does 45161 County Highway 8 have main-floor laundry?
Yes — the laundry at 45161 County Highway 8 is on the main level.
How many homes like 45161 County Highway 8 are for sale in Perham?
16 similar homes (single-family homes between $217K and $361K in Perham) are for sale right now — you have options.
What does "M Markdowns" mean?
M Markdowns™ is Modern Market REALTORS®’ real estate tracker of homes for sale with verified MLS price reductions across the Fargo-Moorhead metro and Minnesota lake country. Every reduction is sourced directly from NorthstarMLS — minimum $2,000 drop to filter noise.
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.