Housing in Wayzata, MN

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$2,885,331

Median List Price

$2,722,250

Price Per Sq Ft

$516

Days on Market

66

Active Inventory

27

Months of Supply

13.5

Buyer's market

Zillow Home Value

$886,423

ZHVI — January 2026

Zillow Rent Index

$3,688

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 265.7%List Price 147.5%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Sale-to-List Ratio

97.1%

Buyer's market

Sold Above Asking
0.0%
Listings with Price Drops
29.6%

Market Activity

Source: Redfin

Homes Sold

2

New Listings

8

Homes Sold 66.7%New Listings 11.1%Pending 70.0%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$516

Median List $/SF

$706

Sale $/SF 22.3%List $/SF 25.8%Mar 24Jan 26

Wayzata vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Wayzata is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$1,047,400

Median Rent

$1,507

Total Housing Units

2,566

Vacancy Rate

16.3%

Owner Occupied

60.3%

Renter Occupied

39.7%

Median Property Tax

$10,001

per year

Monthly Cost (w/ Mortgage)

$2,955

Housing Types

Single Family
48.8%
Multi-Family
51.2%
Mobile Home
0.0%

The current median sale price in Wayzata, MN is $2,885,331 according to Redfin data. Homes spend a median of 66 days on the market. 0.0% of homes sold above asking price. The market has 13.5 months of supply. The median price per square foot is $516. Zillow's observed rent index is $3,688/month. About 60.3% of housing units are owner-occupied. The median year homes were built is 1985. There are 2,566 total housing units.