Wayzata, MN

Buyer's market-59.0% YoY

Housing market overview · Updated weekly

$457,500median sale price

Homes sold

2

Last 12 weeks

Days on market

89

Average pace

Active listings

30

15.0 months supply

Sale-to-list

93.6%

Below asking

The Wayzata housing market is currently classified as a buyer's market with a median sale price of $457,500. Prices have fallen 59.0% compared to last year, with homes spending an average of 89 days on market, indicating 15.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Wayzata

There are currently 30 homes listed for sale in Wayzata, Minnesota. The median listing price is $1.2M.

Active listings

30

Homes on market

Median list price

$1.2M

Avg. days on market

89

Days until sale

New this week

10

Newly listed

Price drops:13.3%of listings
Sale-to-list:93.6%

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Frequently asked questions

What is the average home price in Wayzata?

The median home sale price in Wayzata is $457,500, down 59.0% from last year.

How long do homes stay on market in Wayzata?

Homes typically spend 89 days on market before going under contract.

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

With 15.0 months of supply, Wayzata is currently a buyer's market.

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