Home prices
The median home in Perham is valued at $145,000. Compared to its surrounding areas it is roughly $19,080 (15%) higher.Compared to the US as a whole it is approximately $72,500 (33%) lower, and is approximately $67,100 (31%) lower in comparison to the city of Fargo.
Rents
In Perham the median monthly rent is $705. This is is very similar in comparison to its nearby areas.It is roughly $357 (33%) lower compared to the nation as a whole, and compared to the city of Fargo it is roughly $118 (14%) lower.
Nearby places
Richville
Richville is approximately 6 miles south of Perham. Housing prices there are significantly less expensive. The median home value in Richville is $103,100, which is $41,900 (40%) lower than Perham. Its rents are a bit more expensive. Richville's median rent is $813 per month, which is $108 (13%) higher than Perham.
Frazee
Frazee is approximately 9 miles northwest from Perham. Housing prices there are somewhat less expensive. The median home in Frazee is valued at $115,000, which comes out to $30,000 (26%) lower than Perham. The rent there is pretty similar. The median rent in Frazee is $704 a month, which is very similar to Perham.
New York Mills
New York Mills is about 9 miles southeast of Perham. Its real estate prices are a lot less expensive. The median home price in New York Mills is $103,500, which is $41,500 (40%) lower than Perham. Rents there are a little less expensive. In New York Mills the median rent is $603 per month, which works out to $102 (16%) lower than Perham.
Vergas
Vergas is about 9 miles west from Perham. Real estate prices there are a bit less expensive. Vergas's median home price is $125,900, which works out to $19,100 (15%) lower than Perham. Rent there is a little less expensive. The median rent in Vergas is $583 per month, which comes out to $122 (20%) lower than Perham.
Ottertail
Ottertail is about 10 miles south of Perham. Real estate prices there are a little more expensive. Ottertail's median home cost is $182,100, which is $37,100 (20%) higher than Perham. Its rents are a little more expensive. The median monthly rent in Ottertail is $856, which comes out to $151 (17%) higher than Perham.
