Quantcast

Minnesota State Wire

Friday, September 12, 2025

Wayzata home prices fall in January 2018

Re 9

The median sale price of a home sold in January 2018 in Wayzata fell by $227,450 while total sales increased by 50%, according to BlockShopper.com.

In January 2018, there were six homes sold, with a median sale price of $697,500 - a 24.6% decrease over the $924,950 median sale price for the same period of the previous year. There were four homes sold in Wayzata in January 2017.

The median sales tax in Wayzata for the most recent year with available data, 2015, was $6,115, approximately 0.9% of the median home sale price for January 2018.

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

CityJan. 2018 Home SalesJan. 2017 Home Sales% change (Total Home Sales)Jan. 2018 Median Sales PriceJan. 2017 Median Sales Price% change (Median Sales Price)
Woodland10-$6,400,000$0-
Minnetonka Beach110%$1,200,000$722,90066%
Hanover12-50%$979,000$415,000135.9%
Medina10825%$738,354.50$620,00019.1%
Wayzata6450%$697,500$924,950-24.6%
Medicine Lake20-$612,223.43$0-
Tonka Bay13-66.7%$561,000$479,00017.1%
Shorewood83166.7%$551,000$415,00032.8%
Orono161414.3%$467,408$750,000-37.7%
Deephaven110%$449,900$325,00038.4%
Independence220%$448,250$569,950-21.4%

MORE NEWS