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Minnesota State Wire

Friday, September 12, 2025

Wayzata home prices fall in July 2018

Realestate077

The median sale price of a home sold in July 2018 in Wayzata fell by $22,500 while total sales increased by 75%, according to BlockShopper.com.

In July 2018, there were seven homes sold, with a median sale price of $810,000 - a 2.7% decrease over the $832,500 median sale price for the same period of the previous year. There were four homes sold in Wayzata in July 2017.

The median sales tax in Wayzata for the most recent year with available data, 2015, was $6,115, approximately 0.8% of the median home sale price for July 2018.

The following table compares Wayzata to other Hennepin County cities with similar median sales prices in July 2018:

CityJuly 2018 Home SalesJuly 2017 Home Sales% change (Total Home Sales)July 2018 Median Sales PriceJuly 2017 Median Sales Price% change (Median Sales Price)
Woodland13-66.7%$5,000,000$1,349,990270.4%
Minnetonka Beach21100%$1,932,500$1,715,00012.7%
Deephaven28-75%$1,145,000$780,00046.8%
Wayzata7475%$810,000$832,500-2.7%
Medina8714.3%$679,590$945,000-28.1%
Edina6787-23%$665,000$530,00025.5%
Independence5366.7%$605,000$687,000-11.9%
Orono922-59.1%$540,000$706,000-23.5%
Corcoran25-60%$494,950$365,00035.6%
Shorewood710-30%$450,000$515,000-12.6%
Eden Prairie71102-30.4%$400,000$382,5004.6%

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