The Wayzata School District continues to be a highly desirable area within Plymouth, MN, attracting buyers looking for quality homes, top-rated schools, and strong property values. The latest market data shows steady home prices, fast-moving inventory, and strong demand across all property types. Whether you are looking to buy or sell in Plymouth, understanding the current market trends can help you make an informed decision.

Currently, there are 26 active listings in the Wayzata School District with a median list price of $787,500. These homes typically feature 3 bedrooms and 3 bathrooms and were built around 2019. The average home size is 2,534 square feet, with a foundation size of 1,965 square feet. Homes are priced at approximately $293 per square foot and have an average lot size of 0.34 acres. These properties spend an average of 123 days on the market before selling.

Over the past year, the median closed sales price in the Wayzata School District was $620,000. These homes typically have 4 bedrooms and 3 bathrooms and were built around 1995. The average home size is 2,784 square feet, with a foundation size of 1,965 square feet. The price per square foot is $216, and homes stay on the market for an average of 23 days before selling.

The single-family home market remains strong, with 300 homes sold in the last 12 months. The median sales price is $760,000, with homes averaging 4 bedrooms and 4 bathrooms and 3,618 total square feet. The average foundation size is 2,513 square feet, and homes sell for $219 per square foot. These homes typically sell in 19 days, reflecting strong buyer demand.

Townhouses remain a popular option for buyers looking for low-maintenance living in the district. In the past year, 139 townhouses have sold, with a median price of $367,500. These properties usually have 3 bedrooms and 2 bathrooms and were built around 1995. The foundation size averages 1,497 square feet, while the total living space is 1,732 square feet. Townhouses sell for about $212 per square foot and take an average of 26 days on the market before selling.

The condo market in Plymouth is more limited, with only 7 sales in the last 12 months. The median condo price is $225,000, with an average size of 1,200 square feet. These properties typically feature 2 bedrooms and 2 bathrooms and were built around 1983. Condos sell for $194 per square foot and stay on the market for approximately 32 days before selling.

Currently, there are 20 pending sales in the Wayzata School District. The median list price of pending homes is $807,500, with an average of 54 days on the market before closing. These homes generally feature 4 bedrooms and 3 bathrooms and were built around 2002. The average size is 3,251 square feet, with a foundation size of 2,588 square feet. The price per square foot for pending sales is $239, and the average lot size is 0.37 acres.

For buyers, competition remains strong for single-family homes, which are selling in less than three weeks on average. Buyers looking for townhouses and condos may have more flexibility in pricing and negotiation, as these properties take slightly longer to sell. For sellers, now is a great time to list your home, as home prices remain high and inventory is limited. Well-priced homes are selling quickly, particularly in the single-family market.

If you are thinking about buying or selling in Plymouth, reach out for a personalized market analysis and expert guidance.

Arne Johansson – Johansson Realty Inc.
612-423-0202
arnejrealestate@gmail.com