56573
Perham, Minnesota.
Perham, Otter Tail County, MN · Fergus Falls, MN metro · population 7,221
to buy the typical home at today's mortgage rate — +$1,061 (+124%) since Jan 2020.
- 1 year
- Up $17,008 +5%
- $347,544$364,552 since Sep 2025
- 5 years
- Up $79,546 +28%
- $285,006$364,552 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- 56573$1,913
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 14 years.
Typical home values in zip 56573 rose 4.9% over the past year — faster than the nation's +1.2%.
Zillow also publishes an index for the city itself: Perham, MN — measured over the city limits, which is a different area from this zip.
Typical home value — 56573
Mid-tier homes, smoothed and seasonally adjusted.
- 56573$364,552
- Fergus Falls$334,667
- United States$366,157
Within 20 miles
| Miles sorted ascending, activate to sort descending | Zip activate to sort by Zip | City activate to sort by City | Population activate to sort by Population | Rent activate to sort by Rent | Home value activate to sort by Home value |
|---|---|---|---|---|---|
| 9.9 | 56567 | New York Mills | 3,367 | — | $278,558 |
| 10.2 | 56544 | Frazee | 5,726 | — | $340,361 |
| 12.2 | 56571 | Ottertail | 1,745 | — | $371,399 |
| 12.3 | 56576 | Richville | 820 | — | $408,771 |
| 13.5 | 56528 | Dent | 1,623 | — | $398,102 |
| 14.8 | 56587 | Vergas | 1,339 | — | $397,433 |
| 20.0 | 56501 | Detroit Lakes | 18,004 | — | $369,947 |
Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.