Homes for Sale in Plymouth, MN

Plymouth is a highly desirable western suburb known for its excellent quality of life and beautiful natural surroundings. The city surrounds picturesque Medicine Lake, offering endless outdoor activities. With top-tier schools and a strong corporate presence, it represents premium suburban living.

Why Live in Plymouth

Beautiful Medicine Lake
Wayzata public school district
Hilde Performance Center
Extensive park and trail system

Plymouth Market Snapshot

Monthly figures from the NorthstarMLS Local Market Update.

Median Sales Price

$546,900
+6.2%vs. August 2025

% of Original List Price Received

97.8%
-0.9 ptsvs. August 2025

Days on Market

38
+26.7%vs. August 2025

Closed Sales

105
-7.1%vs. August 2025

Homes for Sale

244
+19%vs. August 2025

Months Supply

2.7
+17.4%vs. August 2025
Seller's market

Supply vs. Demand Trends

Plymouth Housing Market Today

Here is where the Plymouth market stood in August 2026. The median sale price has increased by 6% from last year to $546,900, though an opposite trend in price per square foot suggests this change more likely reflects the mix of homes that sold. Homes are selling 8 days longer than last year, averaging 38 days on market, and sellers are receiving 97.8% of their original asking price. The area is currently a seller's market with 2.7 months of supply. Active inventory is up 19% from last year to 244 homes for sale.

In this seller's market, buyers should be prepared to act quickly, while sellers can generally expect strong interest if priced correctly.

In Plymouth, homes were most commonly built in 1980-1989, about 75% of occupied homes are owner-occupied, and the average commute is 22 minutes. Roughly 58% of homes are single-family detached, and the median home was built in 1988.

Homeowners with a mortgage typically spend $2,583 a month on housing costs, higher than the Twin Cities metro and the median property tax bill is $5,160 a year.

Read the August 2026 Plymouth market report

Data: NorthstarMLS Local Market Update via 10K Research, published September 12, 2026.

Plymouth market questions

Is Plymouth a buyer's or seller's market?

Plymouth was a seller's market in August 2026, with 2.7 months of supply. Under about 3 months generally favors sellers, 3 to 6 months is considered balanced, and over 6 months favors buyers. There were 244 homes for sale.

How fast are homes selling in Plymouth?

Homes that sold in August 2026 spent an average of 38 days on market, 8 days slower than a year earlier. Sellers received 97.8% of their original list price on average.

Are home prices going up in Plymouth?

Yes. The median sale price rose 6.2% year over year to $546,900. Price per square foot moved the other way (from $219 to $214), which suggests the change mostly reflects the mix of homes sold.

Living in Plymouth

Housing, cost of ownership and commuting, compared with the Twin Cities metro.

In Plymouth, homes were most commonly built in 1980-1989, about 75% of occupied homes are owner-occupied, and the average commute is 22 minutes.

Data: ACS 2020-2024 5-year estimates

What does it cost to own a home in Plymouth?

Homeowners with a mortgage typically pay $2,583 a month in housing costs and the median property tax bill is $5,160 a year.

Median home value

$491,200

Higher than the Twin Cities metro

The midpoint of estimated values for owner-occupied homes.

Median property taxes paid

$5,160/yr

Higher than the Twin Cities metro

The midpoint of annual property taxes paid by homeowners.

Typical monthly owner costs (with mortgage)

$2,583/mo

Higher than the Twin Cities metro

Median monthly housing costs for owners with a mortgage.

Typical monthly owner costs (no mortgage)

$920/mo

Higher than the Twin Cities metro

Median monthly housing costs for owners without a mortgage.

Median rent

$1,766/mo

Higher than the Twin Cities metro

The midpoint of monthly gross rent, including utilities.

What are homes like in Plymouth?

About 75% of occupied homes are owner-occupied and the median home was built in 1988.

Owner-occupied homes

75%

Higher than Twin Cities metro overall

The share of occupied homes lived in by their owners.

Median year built

1988

Similar to the Twin Cities metro

The midpoint of years when homes in the area were built.

Home age by decade

The share of homes built during each period.

  • 2020 or later1%
  • 2010-201911%
  • 2000-200913%
  • 1990-199919%
  • 1980-198923%
  • 1970-197918%
  • 1960-19698%
  • 1950-19593%
  • 1940-19491%
  • 1939 or earlier2%

Types of homes

The share of housing units in each building type.

  • Single-family detached58%
  • Townhome / attached16%
  • 2-4 units2%
  • 5+ units24%

How do people get around in Plymouth?

The average one-way commute is 22 min and 96% of homes have broadband.

Average commute

22 min

Lower than the Twin Cities metro

The average one-way travel time to work for commuters.

How people get to work

The share of workers using each listed way to get to work.

  • Drive alone63%
  • Carpool5%
  • Public transit1%
  • Walk or bike1%
  • Work from home29%

Homes with broadband

96%

Similar than Twin Cities metro overall

The share of households with a broadband internet subscription.

Estimates for the city as a whole. Figures are survey estimates and may differ from current market prices.

Source: U.S. Census Bureau, American Community Survey 2020-2024 5-year estimates. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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