Plymouth is currently tilted toward sellers, with the market gauge at 13 and clearly labeled a Seller's Market. Homes move in a median of just 27 days, showing buyers do not have much time to decide. With only 1.5 months of supply, demand is outpacing available homes.
Home values highlight this seller advantage, with a typical home value of about $510,500, well above Hennepin County’s $390,000. Values are up 2.1% year over year and jumped 32.6% month over month, while inventory is down 18.75% from a year ago but up 12.07% since last month to 130 active listings. Sellers are still pricing ambitiously, yet the average sale-to-list ratio sits near 0.99 and about 36% of homes sell above list price, indicating buyers are being selective but will pay up for the right property.
Current listing behavior shows some negotiation room, with a median list price of $499,950 and about 20.8% of homes taking a price drop. New listings, at 106, are down 20.9% from last year, and pending sales are down 18.75%, suggesting that tight supply and higher prices may be cooling activity. Looking ahead to April 2026, projections show typical values rising toward $573,250, inventory edging up to 137 homes, and the median list price easing to around $479,950, hinting at slightly more options for buyers even as prices stay strong. Both buyers and sellers can benefit from a skilled guide in this fast-moving environment, and Agent Pronto can help them find the right local real estate agent to navigate it.
