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Featured local agent — Plato, MN
Sarah Mitchell
Compass Real Estate · Plato, MN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Plato, MN Housing Market & Real Estate
Housing market overview · Updated monthly ·
$235,000median sale price
How is the Plato, MN housing market right now?
The median home sale price in Plato, MN is $235,000. Homes sell in an average of 5 days. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of March 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Plato a buyer's or seller's market?
Plato, MN is currently a seller's market and homes selling in about 5 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
5
Fast-moving
Active listings
—
Sale-to-list
104.4%
Above asking
What does the Plato housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $235,000 |
| Average days on market | 5 days |
| Sale-to-list price ratio | 104.4% |
| Median price per sq ft | $167/sq ft |
| Homes sold (latest month) | 1 |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Plato by property type?
How the Plato, MN market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $235,000 | $167/sq ft | 1 | 5 days |
Source: Redfin · Updated monthly
The Plato housing market is currently classified as a seller's market with a median sale price of $235,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 5 days on market.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.8x provides context for how home values compare to local earning capacity.
Homes for sale in Plato
Explore homes currently listed for sale in Plato, Minnesota across major real estate platforms.
Who lives in Plato?
Population
193
Median income
$99,375/yr
Median age
40.5 years
Owner-occupied
98.8%
College grads
21.7%
Avg commute
27.3 min
Source: U.S. Census Bureau ACS
What are homes worth in Plato?
Zillow home value
$375,959
Price-to-income
3.8x
Source: Zillow Research
What is it like to live in Plato?
Plato is a community of approximately 0K residents with a median age of 40.5 years.The median household income is $99,375, which reflects a relatively affluent area with strong earning potential. 21.7% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 98.8%, reflecting strong community stability and long-term resident commitment. The average commute time is 27.3 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Plato offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Plato, MN?
Want a head-to-head view? Compare Plato side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Plato?
The median home sale price in Plato is $235,000, down 0.0% from last year.
How long do homes stay on market in Plato?
Homes typically spend 5 days on market before going under contract.
What is the median income in Plato?
The median household income is $99,375 per year.
What is the Zillow home value estimate for Plato?
The Zillow Home Value Index (ZHVI) for Plato is $375,959, representing the typical home value in the area.
How much does a single-family home cost in Plato?
The median single-family home price in Plato, MN is $235,000 (about $167 per square foot).
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