45161 County Highway 8, Perham, MN 56573
Single Family Home for Sale in Perham, MN 2 Beds | 2½ Baths | 1,846 Sq Ft
Price Drop on M Markdowns — was $289,000 (↓ $14,100)
$1,835/month Estimated
- Principal & interest
- $1,499
- Property taxes
- $176
- Home insurance (est.)
- $160
- HOA dues
- None
20% down ($54,980) · 30-yr fixed, 7.24%
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Estimates only; confirm before you offer.
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
How 45161 County Highway 8 Compares to the Perham Market
At $149/sqft, this home is priced $30/sqft below the typical Perham single-family home of $179/sqft.
The median list price in Perham is $369,500.
Verdict: Excellent Value
Homes like this one — single-family homes between $206K and $344K in Perham:
- The field: 10 similar Perham homes for sale — you have options.
- Price cuts: 7 of 10 similar homes have trimmed asking — median trim $10,000. This one already cut $14,100.
- 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
- 1996
- Garage
- 2-Car Attached
- Style
- One
- HOA
- None
- Annual Taxes
- $2,110 (2026)
Property Details
- Property Type
- Single Family
- Above Grade Sq Ft
- 1,846
- Lot Size
- 1.49 acres
- Basement
- No
- Roof
- Asphalt
- County
- Otter Tail
- List Date
- 2026-05-30
- Days on Market
- 166 days
- Parcel ID
- 51000020034000
Financial
- Total Tax incl. Assessments
- $2,110
Home Systems & Utilities
- Heating
- Boiler
- Cooling
- None
- Water
- Private, Well
- Sewer
- Private Sewer, Tank with Drainage Field
- Appliances
- Dishwasher, Exhaust Fan, Gas Water Heater, Range, Refrigerator, Water Softener Owned
Interior Features
- Laundry
- Main Level
- Fireplace
- 1 fireplace
Construction & Exterior
Construction & Structure
- Foundation Type
- Slab
- Foundation Area
- 1,846 sqft
- Total Building Area
- 1,846 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 Part
Price History
Reduced $40,000 (12.7%)
- Price reduced to $314,900 — Jun 23, 2026
- Price reduced to $289,000 — Jul 21, 2026
- Price reduced to $274,900 — Sep 27, 2026
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
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 Part · Shown by Modern Market REALTORS®
First-Time Home Buyer Guide for Fargo-Moorhead — ND/MN buyer programs, budgeting, and the 7-step process.
View Full Listing & PhotosMLS# 7083728 · Updated September 27, 2026
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Frequently Asked Questions About 45161 County Highway 8
- Is $274,900 a good price for a home in Perham?
- According to BuyPulse, 45161 County Highway 8 rates Excellent Value — at $149/sqft it's priced 17% below the typical Perham single-family home of $179/sqft. 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?
- 10 similar homes (single-family homes between $206K and $344K 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.
Listings courtesy of NorthstarMLS as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 11/12/2026, 2:19 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.