Wayzata, MN Real Estate Market Summary – September 8, 2026

In Wayzata, MN, the real estate market shows a total of 11 homes that were sold in the last month, with an average sale price of $1,396,591. Properties had an average of 16 days on the market before the sale was completed.

Metric 30 Days
Number Sold 11
Sold Per Day 1 every 2.73 days
Average SQFT 3313
Median Sales Price $1,050,000
Average Sales Price $1,396,591
Average Price Per SQFT $407
Average Days on Market 16
Average Year Built 1985

 

Wayzata, MN Single Family Home Analysis

For single-family homes, 7 properties sold with an average price of $1,231,071. The average living area for these homes was approximately 3,502 square feet, and they averaged 18 days on the market.

Metric 30 Days
Number Sold 7
Sold Per Day 1 every 4.29 days
Average SQFT 3502
Median Sales Price $850,000
Average Sales Price $1,231,071
Average Price Per SQFT $349
Average Days on Market 18
Average Year Built 1979

 

Wayzata, MN Condo & Townhome Analysis

In the condo and townhome segment, 4 units were sold at an average price of $1,686,250. These homes had an average living area of about 2,983 square feet and were on the market for an average of 13 days.

Metric 30 Days
Number Sold 4
Sold Per Day 1 every 7.50 days
Average SQFT 2983
Median Sales Price $1,875,000
Average Sales Price $1,686,250
Average Price Per SQFT $509
Average Days on Market 13
Average Year Built 1997

 

Buyer & Seller Analysis

  • 1 home sold every 2.73 days continues a consistent pace.
  • Properties averaged about 16 days on the market before being sold.
  • The median sale price for all homes was $1,050,000.
  • High average price per square foot at $407 for all segments.

Conclusion

Overall, the Wayzata real estate market appears to be active with a variety of homes sold in the last month. The appeal of various segments, including single-family homes and condos, suggests a diverse marketplace catering to different preferences.

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