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PLATO, MN 55370

Real Estate Market Report  ·  McLeod County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
1
Pending
1
100% pending ratio
Median Price
$659,900
⇧ 41.9% vs $465,000 last year
Average Price
$659,900
⇧ 41.9% vs $465,000 last year
Days on Market
125
⇩ 10.7% vs 140 days last year

Market Context

Population: 658  ·  Density: 12.3/mi²  ·  Median household income: $96,250

Typical home value: $293,316  ·  Homeownership: 94.8%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The PLATO, MN real estate market (55370) currently shows 1 active listings, with 1 pending sales. Homes are averaging 125 days on the market before going under contract.

Homes are selling faster, averaging 125 days on market compared to 140 days last year.

The median listing price has risen 41.9% year-over-year, from $465,000 to $659,900.

Whether you are buying or selling in PLATO, MN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Days on market: 125 now vs 140 last year

Median & Average Pricing

Year over Year
  • Median: $659,900 (+41.9% YoY)
  • Average: $659,900 (+41.9% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 19.5 miles — 151 listings ($69,791,789 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
55370Plato, MN 553700.0 mi1$659,900$659,900$659,900
55397Young America, MN 553975.7 mi5$1,549,700$330,000$309,940
55354Lester Prairie, MN 553547.3 mi4$1,339,600$334,900$334,900
55338Green Isle, MN 553387.9 mi7$2,226,931$332,450$318,133
55360Mayer, MN 5536010.8 mi14$6,026,230$429,990$430,445
55322Cologne, MN 5532212.4 mi16$8,224,800$444,400$514,050
55307Arlington, MN 5530713.0 mi10$2,741,860$224,000$274,186
55388Watertown, MN 5538815.0 mi21$9,154,551$424,900$435,931
56044Henderson, MN 5604416.0 mi3$1,044,000$360,000$348,000
56011Belle Plaine, MN 5601117.8 mi29$11,662,901$379,400$402,169
55334Gaylord, MN 5533418.9 mi6$1,654,680$259,950$275,780
55386Victoria, MN 5538619.1 mi26$19,372,756$729,900$745,106
55349Howard Lake, MN 5534919.5 mi9$4,133,880$359,900$459,320

Frequently Asked Questions

How many homes are for sale in PLATO, MN 55370?

As of January 2026, there are 1 active listings in PLATO, MN (zip code 55370).

What is the median home price in PLATO, MN 55370?

The median listing price in PLATO, MN 55370 is $659,900 as of January 2026, a 41.9% increase from $465,000 the prior year.

How long do homes stay on the market in PLATO, MN?

Homes in PLATO, MN 55370 spend an average of 125 days on the market before going under contract, compared to 140 days the prior year.

Is it a seller's or buyer's market in PLATO, MN 55370?

Based on current inventory and days-on-market data as of January 2026, PLATO, MN 55370 is currently a Balanced Market. Homes are selling faster, averaging 125 days on market compared to 140 days last year.

How much can I save on real estate commission in PLATO, MN?

With SELL123.com's maximum 3% commission, sellers in PLATO, MN 55370 save an estimated $13,198 compared to a typical 5% commission on the median listing price of $659,900. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.