Home Insurance in Perley, Minnesota

With a median home value of $91,300, Perley is 38% lower than the Norman County median.

Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild. The typical home in Perley was built around 1952. About 68% of homes were built before 1960, about 17 points above Norman County's 51%.

The housing stock in Perley is 96% single-family homes and 4% mobile or manufactured homes. Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy.

About 38% of owner-occupied homes in Perley have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.

All occupied homes in Perley are owner-occupied.

Most homes in Perley - 57% - are primarily heated with propane. Homes heated with propane, fuel oil and wood can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies.

Norman County had 51 active NFIP flood policies as of September 2026. Its top FEMA-rated hazard is hail (Relatively Low). See the full Norman County home insurance overview for all FEMA hazard ratings and flood coverage details.

According to the NAIC homeowners insurance report (2023 data), a standard HO-3 homeowners policy in Minnesota carries a statewide average premium of $1,988 per year.

Key figures

Median home value$91,300
Median year built1952
Owner-occupied share100%
Share of owner-occupied homes with a mortgage38%
Top county hazardHail (Relatively Low)
Active NFIP policies in Norman County51
Home insurance premium$1,988 - statewide average (NAIC, 2023 data)
Key home insurance figures for Perley, MN

Nearby towns

Sources

Data last updated: 2026-09-29